Episodes
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In the same way that “Climate Change” and “Global Warming” went from scientific terms to colloquial ones, “Decarbonization” is slowly permeating modern discourse. Decarbonization is the process of significantly reducing or eliminating CO2 and other GHG emissions that result from human activity.
“Human activity” encompasses a lot of different sectors. From agriculture and forestry, to transport and industry, we are emitting a lot of greenhouse gasses. And with the demand for industrial materials only projected to increase as more countries industrialize, emissions from industry are predicted to rise faster than any other emitting sector.
When I say “industrial” or “industry”, I’m referring to processes used to extract and refine raw materials. These processes include mining, manufacturing, construction and waste processing. According to the U.S. Department of Energy and Environmental Protection Agency, the industrial sector is responsible for 24% of global carbon emissions and 1/3 of U.S. direct and indirect emissions.
For many industrial processes, process heating is a critical component. Process heating is used to raise and maintain the temperature of materials in manufacturing processes. Heating materials above 1,000 degrees Fahrenheit allows for the transformation of raw materials like limestone, metallic ore, and silica into materials we depend on everyday like cement, iron, and glass. But across the manufacturing sector, process heating is responsible for the largest energy demand and highest greenhouse gas emissions, accounting for over 30% of total industrial emissions.
Most efforts to decarbonize the industrial sector have historically targeted non-heating operations, but if we could find a way to decarbonize process heat, we stand a chance to make a large dent on total global emissions. My guest today, John O’Donnell, Co-founder and Chief Innovation Officer of Rondo Energy is doing exactly that.
Sponsors
Watt It Takes is brought to you by Microsoft.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit https://www.microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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Humans produce a lot of trash. How much trash you ask? We produce 2.3 billion tons of trash per year. That’s enough to fill about 800,000 Olympic pools every year. So, what do we do with it all and how does it get managed? Some of it, depending on your municipality, can be composted, some of it gets recycled, but despite our best intentions, most of it ends up in our landfills. In an ideal world, the majority of our trash would be reused and recycled, but recycling, despite its promises, is actually a regressing industry. Counterintuitively, over the last 15 years, recycling rates in the United States have stagnated and even decreased.
Recycling isn’t stagnating because people don’t want to recycle. In fact, people want to recycle so badly, waste management streams suffer from “wishcycling”, a phenomenon whereby people try to recycle items that not only aren’t recyclable, but actually end up contaminating and ruining potential batches of recyclables.
At the heart of it, recycling and waste management systems as they exist today face a major incentive problem. Because recycled material is sold in a commodity market, prices for recycled materials like aluminum, paper, plastic, and glass fluctuate a lot. An unreliable market disincentivizes the waste management industry from investing in more efficient sorting systems that could increase overall recycling.
While it might not seem obvious, recycling has an important role to play in global decarbonization. When materials like aluminum and plastic get recycled, the extraction of new raw materials to replace them is averted, as are the emissions that would have gone into their production. For example, for every ton of aluminum that gets reused, the carbon that would’ve been emitted into the atmosphere to produce more aluminum from new raw materials is never emitted.
As it stands, society is not capturing the decarbonization potential of recycling. Too much waste is wasted because of human error, a lack of incentives, and waste management systems with inefficient infrastructure. What if AI could revolutionize the way we manage our trash? Instead of exposing human lives to toxic chemicals and other dangers that inevitably find themselves in trash, what if there were technological interventions that could automate sorting, have an outsized climate impact, and make waste assets more valuable all at the same time? Our guest this month, Matanya Horowitz, CEO and founder of AMP, believes all of this is possible.
*note: In the episode, Emily incorrectly says that AMP has recycled 20 million metric tons of material. The actual number is 2.5 million tons.
Sponsors
Watt It Takes is brought to you by Microsoft.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit https://www.microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
This episode is also brought to you by JP Morgan.
J.P. Morgan is proud to serve companies that are advancing decarbonization across the globe through innovative business and technology solutions. With J.P. Morgan’s unmatched investment capacity, strong support model, and global scale, the Green Economy Banking team delivers the full suite of the firm’s financial products and advisory services to help fuel the growth of green businesses and the industry at large. No matter what stage you're in, you can rely on JP Morgan's expertise and connections to back your boldest pursuits. So take the right risks, while banking with confidence. J.P. Morgan: Let’s build your future together.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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Episodes manquant?
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Extreme weather events are becoming more and more common. In July, Hurricane Beryl wreaked havoc on the Gulf Coast, causing 3 million Texans to lose power in the midst of a soaring heat wave, which killed 23 people.
Critics have raised questions about Houston’s power providers preparedness for a disaster like Beryl, and have raised concerns about the long delay in restoring power at a time where access to AC and power could have saved lives.
Ever increasing extreme weather events like Beryl require utilities, retail electricity providers (REPs), independent power producers (IPPs), and other energy traders and suppliers to rapidly forecast and adjust supply in order to provide safe, reliable, and cost-effective electricity. Traditional electricity demand forecasts, which rely on sparse weather data, analog meter readings, and regression-based historical demand data, are insufficient in the face of such events.
In order to better respond to extreme weather events, and facilitate the energy transition, we need solutions that turn energy data into action and insights for power providers to prevent outages, provide reliable power, predict demand, and even provide carbon insights. And that is exactly what Sean Kelley, CEO and Co-Founder of Amperon, is building.
Sponsors
Watt It Takes is brought to you by Microsoft.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit https://www.microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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Carbon is everywhere, not just in the air around us, but also in the materials we use everyday.
We talk a lot about reducing the overall amount of carbon in the atmosphere through approaches like avoided emissions or removal. But, what do we do in a world where GHG avoidance and removals are not at the scale required to tackle all of the emissions that come from heavy industry like agriculture and steel?
Research from the Ellen McArthur Foundation shows that switching our energy use to more efficient and renewable sources would only prevent 55% of global greenhouse gas emissions. In order to truly decarbonize, how do we tackle the other 45% of emissions?
Can we recycle carbon dioxide and monoxide? Instead of the linear fossil fuel based - make, use, waste life cycle, what if we could take CO and CO2, produced by heavy industry and turn it into the building blocks of our everyday lives, like the plastic container holding your cosmetics, your clothes, or the fuel powering your flight.
In a truly circular economy, we could produce many of the materials we need from greenhouse gasses, like carbon, thus eliminating waste and pollution, and reducing greenhouse gasses across the supply chain.
In order to achieve this vision, we need solutions that take emissions and byproducts of industries like agriculture and steel, and turn them into usable materials. And that is exactly what Jennifer Holmgren, CEO of LanzaTech, is building.
Sponsors
Watt It Takes is brought to you by Microsoft.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit https://www.microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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One in ten American families own a Recreational Vehicle, and yet, the RV industry hasn’t seen meaningful innovation in decades, due in part to extreme consolidation and lack of competition. Despite this, 300-500,000 RVs are sold in the US every year, 90% of which are towable.
Towing an RV can seriously affect the fuel economy of your car. Drivers can expect their gas mileage to decrease about 1-2% for every 100 pounds they tow. The average weight of a large travel trailer is about 6,700 pounds, which means a driver can expect between a 49-74% decrease in gas mileage.
This means more stops, more money spent on gas, and more emissions.
On top of that, most RVs use propane to fuel generators, which in turn power appliances or amenities, making what should be a peaceful experience outdoors noisier, and the cost of an RV trip even higher, both for a family’s wallet, and for the planet. If you drive an electric car, towing a RV means an extreme reduction in range and therefore an increase in charging stops, which is a challenge for people adventuring in areas without charging infrastructure.
As the US races towards electrification, more and more people are opting to buy hybrid or electric vehicles. But, for the one in 10 American families that own an RV and may be looking for a better, or even electric, RV experience, they are in serious need of options.
So, in order to electrify the RV industry, and bring automotive electrification to a new segment, we need a solution that is lightweight, super aerodynamic, and above all, fun. And that is exactly what Toby Kraus, and the team at Lightship, are building.
Sponsors
Watt It Takes is brought to you by Microsoft.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit https://www.microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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Even if all emissions stopped tomorrow, the excess carbon currently in the atmosphere would take thousands of years to naturally dissipate through processes like photosynthesis, oceanic absorption, or mineralization. In addition to forests, soils, and the ocean, naturally occurring minerals are one of our planet’s most important carbon sinks.
Over the span of hundreds or thousands of years, carbon dioxide in air and water binds to minerals, and eventually turns to stone, thus removing the carbon from the atmosphere. This process is called mineralization. One of the most abundant types of rocks on the planet is limestone, and it’s one of the unsung superstars of this carbon mineralization process.
Meanwhile, one of the most exciting advances in the carbon removal industry that has received a lot of attention - and scrutiny - is Direct Air Capture, often referred to as “DAC.” DAC is the process of separating carbon dioxide from ambient air. The Inflation Reduction Act and Bipartisan Infrastructure Law specified funding for the deployment of DAC projects in the US, and DAC is getting more interest from companies looking to remove their carbon emissions. But, DAC technologies are typically expensive, energy and land intensive, and use materials that can be difficult to source.
In order to remove billions of tons of carbon from the atmosphere, we need a DAC solution that is scalable, inexpensive, and designed to leverage natural processes like mineralization via limestone, which has millennia of carbon removal capabilities embedded in its chemistry. And that is exactly what Shashank Samala, Co-Founder and CEO of Heirloom, is building.
Sponsors
Watt It Takes is brought to you by Microsoft.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit https://www.microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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According to the World Economic Forum, if we want to reach a carbon-neutral future, the world will depend on emerging markets to build energy systems that rely on clean energy instead of fossil fuels. However, only one fifth of global clean energy investments are being channeled into emerging markets.
Financing the development of distributed renewable energy projects has been slow and challenging for interested investors and project developers. In order to facilitate the growth of distributed renewable energy in emerging markets, and connect financiers, equipment providers, and project developers who see the immense opportunity in decarbonizing growth in emerging markets, we need a platform where all stakeholders get what they need to finance, build, and track the performance of these projects.
That’s exactly what this month’s Watt It Takes guest, Emily McAteer, co-founder and CEO of Odyssey Energy Solutions, is building.
At Odyssey, Emily and her team are building a new kind of platform to make it possible for distributed renewable energy projects to launch in emerging markets, by connecting financiers, equipment providers, and project developers, and providing the remote monitoring and control needed to assess performance.
Emily joined the podcast to speak about her journey from Concord, Massachusetts, to working on Wall Street, to the lecture that would change her life, to founding Odyssey and building a platform that’s responsible for the deployment of ~ 2.5 million standalone solar systems and positively impacting the lives of 15 million people.
Sponsors
Watt It Takes is brought to you by Microsoft and Shell Ventures.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit https://www.microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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Residential energy use accounts for about 20% of greenhouse emissions in the U.S., making it one of the most important sectors to decarbonize. As the world electrifies and consumers become more climate-conscious, energy will become one of the next consumer engagement frontiers.
The WattBuy platform connects clean energy providers with residential customers, helps consumers save money on their energy bills, and helps companies engage customers with insights and provide enhanced offerings and services.
In this episode, Emily Kirsch sits down with WattBuy Co-Founder & CEO Naman Trivedi to learn more about founding the company, WattBuy’s mission to decarbonize the grid, and building a platform that has generated 20 gigawatt hours of renewable energy for homeowners and renters, and helped them save upwards of $4M on their energy bills.
Sponsors
Watt It Takes is brought to you by Microsoft and Shell Ventures.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit microsoft.com/en-us/corporate-responsibility to learn more about Microsoft’s progress toward their impact commitments.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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Some experts are calling 2024 the “make or break year” for the voluntary and compliance carbon markets, which were rocked by a shaky 2023. To usher in a new era of effective and impactful carbon markets, the verification process needs a major tech update, and a serious credibility boost.
Marion Verles founded SustainCERT to be the first fully digital carbon project verification platform and Scope 3 emissions verification solution.
The team at SustainCERT is employing a novel approach to verify a project’s impact on the carbon cycle, and it starts with building a digital platform where project developers and suppliers can enter, track, and adjust their projects in accordance with valuable data insights.
SustainCERT has raised $47M, has a team of more than 100, and has developed what they describe as the first fully digital carbon project verification platform and, more recently, a Scope 3 emissions verification solution. I spoke to Marion about her journey, from her childhood in the south of France, to founding her first company in Cambodia after starting her career in finance, to launching and leading a digital-first verification platform.
Sponsors
Watt It Takes is brought to you by Microsoft and Shell Ventures.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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On November 17th, 2023 the average global temperature was temporarily 2 degrees Celsius warmer than pre-industrialization, an event with ominous climate implications. To slow global climate change, we need to find ways to supercharge natural carbon removal processes like ocean alkalization, and do it in a way that is good for the planet.
That’s exactly what this month’s Watt It Takes Guest, Ben Tarbell, Co-Founder and CEO of Ebb Carbon, is doing.
The team at Ebb is approaching carbon removal in a way that is both novel and as ancient as the ocean itself; integrating with existing facilities that process seawater, they use electrochemistry to remove acidity, and return the alkaline seawater to the ocean where it can then absorb more carbon.
Ebb has raised $23M, has a team of 40, and is deploying their carbon removal system. I spoke to Ben about his journey, from his childhood spent obsessed with building and engineering, to his career in solar, to prototyping the Ebb System in a bathroom-less empty warehouse, to opening Ebb’s first site and starting to meaningfully remove carbon via the ocean.
Sponsors
Watt It Takes is brought to you by Microsoft and Shell Ventures.
The $1 Billion Microsoft Climate Innovation Fund is investing in innovative technologies that have the potential for meaningful, measurable climate impact by 2030. To date, Microsoft has allocated more than $700M into a global portfolio of over 50 investments including sustainable solutions in energy, industrial, and natural systems. Visit microsoft.com/en-us/corporate-responsibility/ to learn more about Microsoft’s progress toward their impact commitments.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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According to the Intergovernmental Panel on Climate Change, we need to return Earth’s atmosphere to 280 parts per million of CO2 for the health of human existence and that of the planet. To achieve that goal, industry experts believe we’ll need to be removing 10-20 billion tons of carbon per year by 2050.
Removing carbon is exactly what this month’s Watt It Takes guest, Peter Reinhardt, Co-Founder and CEO of Charm Industrial, is doing.
The team at Charm has developed a novel process for removing carbon using biomass that is converted to bio-oil via pyrolysis, and then injected into wells deep underground, where it is permanently stored for thousands of years if not millennia. Charm is also developing a process for fossil-free ironmaking.
Charm has raised $125M, has a team of 50, and is scaling their carbon removal operations. I spoke to Peter about Charm’s mission to turn the tide of global climate change with carbon removal; from his childhood as a self identified “hard core math nerd” with a passion for the environment, to his early career as a ridiculously successful tech entrepreneur, to switching gears and delivering a carbon removal process to a planet that needs it now more than ever.
Sponsors
Watt It Takes is brought to you by Shell Ventures and SPAN.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
SPAN are the makers of the award-winning SPAN Panel—a smart electrical panel that enhances how homeowners interact with their energy. Interested in advancing your career at one of the premier companies in Climate Technology or getting SPAN installed in your home? Visit www.span.io to learn more.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.
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According to researchers around the world, fusion could be a nearly waste-free, carbon-free, and all-geography answer to creating enough dispatchable power to get us through the energy transition. To achieve this, all components of a fusion power plant need to be built so that when fusion energy becomes a reality, we have the industry, infrastructure, and processes in place to distribute the power, and it has to be cost competitive. This is exactly what Bob Mumgaard, Co-Founder and CEO of Commonwealth Fusion Systems (CFS), is building.
Today, CFS has more than 600 employees, has raised $2B, and is executing on their plan to make the “holy grail” of fusion energy possible.
Guest host Lara Pierpoint sat down with Bob to learn more about his journey, the CFS story, and the work being advanced by his team.
Sponsors
Watt It Takes is brought to you by Shell Ventures and SPAN.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
SPAN are the makers of the award-winning SPAN Panel—a smart electrical panel that enhances how homeowners interact with their energy. Interested in advancing your career at one of the premier companies in Climate Technology or getting SPAN installed in your home? Visit www.span.io to learn more.
About Powerhouse and Powerhouse Ventures
Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate.
Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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Climate change-fuelled natural disasters and vulnerable transmission infrastructure have defined some of the worst natural disasters of the past decade, including the 2020 wildfires in California. It’s clearer than ever that in high-risk areas, above-ground transmission lines need to be dug underground to protect communities from fires and to ensure their access to electricity in the face of increasing natural disasters. And that’s exactly why this month’s Watt It Takes guest, Kim Abrams, founder and CEO of Petra, is building a trenchless digging platform to make undergrounding utilities easier and more cost-effective.
Today, Petra has 72 employees across multiple continents, has raised $45M, and is winning contracts to underground transmission in the US and Colombia.
Guest host Lara Pierpoint sat down with Kim to learn how they're enabling utility undergrounding, more about their trenchless technology making it all possible, and the story behind how she founded Petra.
Watt It Takes is brought to you by SPAN.
SPAN are the makers of the award-winning SPAN Panel—a smart electrical panel that enhances how homeowners interact with their energy. Interested in advancing your career at one of the premier companies in Climate Technology or getting SPAN installed in your home? Visit www.span.io to learn more.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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From induction cooktops and heat pumps to the rooftop solar needed to power it all and the batteries to store excess energy for use during blackouts, we’ve had incredible success building the tools we need to decarbonize our homes. But to the regular consumer, the universe of electrified solutions can be overwhelming. What we need is a home battery system and an integrated ecosystem of all electric products to make it easier than ever for homes to switch from gas to electricity, alongside software solutions to help manage residential energy production, storage, and usage. And that’s exactly what this month’s Watt It Takes guest, Kunal Girotra, Founder and CEO of Lunar Energy, is building.
Lunar emerged from stealth last year with $300M in funding from SK Group and Sunrun, now has 250 employees, and publicly unveiled their integrated residential energy product last week.
Emily sat down with Kunal to learn about how they're building the future of residential electrification, his journey from growing up in India to leading energy at Tesla, and the story behind the growth of Lunar Energy.
Watt It Takes is brought to you by Shell Ventures and SPAN.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
SPAN are the makers of the award-winning SPAN Panel—a smart electrical panel that enhances how homeowners interact with their energy. Interested in advancing your career at one of the premier companies in Climate Technology or getting SPAN installed in your home? Visit www.span.io to learn more.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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If the world is going to make the switch from fossil fuels to clean energy, we’re going to need lots of energy storage, and a lot of lithium. The global transition to clean energy is expected to trigger a 40-fold increase in the demand for lithium by 2040.
Lithium is in high demand, but current methods for lithium extraction make it difficult and expensive to source. Conventional extraction methods take up lots of land, use lots of water and energy, and often have devastating environmental impacts.
Traditional lithium extraction uses massive evaporation ponds, where lithium-rich-brine, (meaning saline groundwater that is rich in lithium) is pumped to the surface and evaporated until it can be processed and extracted.
These projects often require as much as 10,000 acres of land, and only recover 40% of the lithium available in the brine.
To make the lithium ion batteries we need to power our electrified world, and more specifically to power the electrification of transportation, we’ll need to source lithium in a way that doesn’t harm the environment, yields tons of high purity lithium concentrate, and uses as little land as possible. And that’s exactly what this month’s Watt It Takes guest, Dave Syndacker, Founder and CEO of Lilac Solutions, is building.
Lilac Solutions created superior ion exchange beads using ceramic materials that absorb lithium from brine. Lithium rich brine is pumped into a vessel containing the ion exchange beads, which absorb the lithium. Then, hydrochloric or sulfuric acid is used to flush out the lithium to produce lithium chloride or sulfate. Those intermediate forms of lithium are then converted to lithium carbonate or lithium hydroxide which get used to make batteries.
Emily spoke to Dave about his journey to becoming a founder, from his childhood on the beach in Rhode Island, to leading seminars about battery technology at Northwestern where a few provocative questions from fellow students put Dave on the path to create Lilac.
Watt It Takes is brought to you by Shell Ventures and SPAN.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
SPAN are the makers of the award-winning SPAN Panel—a smart electrical panel that enhances how homeowners interact with their energy. Interested in advancing your career at one of the premier companies in Climate Technology or getting SPAN installed in your home? Visit www.span.io to learn more.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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As we speak, there are 600 million people in Africa who lack access to even basic electricity. That’s driven in part by low levels of domestic and foreign investment into electricity infrastructure across the continent: over the last decade, just 3% of capital invested into energy infrastructure worldwide went to Africa.
To enable universal energy access in Africa, we’ll need innovative climate financing solutions that get the right kind of capital to the right kind of projects at the right time.
And that’s exactly what Kate Steel, Co-Founder and CEO of Nithio, is doing. Nithio uses AI-powered analytics to help investors, local banks, and grant-makers understand payment patterns, credit risk, and portfolio quality in the distributed energy space. They also operate a financing vehicle called Nithio FI that provides loans to distributors that need capital to reach the millions of households with no or unreliable energy access.
In this episode, Emily sits down with Kate to hear about the high school ditch day that introduced her to engineering, her journey in energy access, and the work Nithio is doing financing electricity access across Africa.
Watt It Takes is brought to you by Shell Ventures and SPAN.
Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
SPAN are the makers of the award-winning SPAN Panel—a smart electrical panel that enhances how homeowners interact with their energy. Interested in advancing your career at one of the premier companies in Climate Technology or getting SPAN installed in your home? Visit www.span.io to learn more.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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Concrete is the second most-used material in the world, right behind water. It’s everywhere – in our bridges, our buildings, our homes, our roads. It’s the literal foundation for much of our lives.
And cement is a key ingredient in that foundation. It acts as the glue that binds together the water and aggregate to make concrete. Globally, we produced more than four billion tons of cement in 2021, and demand is expected to grow.
But for each ton of cement produced, a ton of carbon is emitted due to the fossil fuel-powered heat and reactions needed to produce it. Altogether, the cement industry accounts for 8% of global carbon emissions. To build our net-zero future, we'll need even more concrete for new and existing infrastructure, but we'll also need to clean up cement production to prevent ever increasing emissions.
And that's what this month's Watt it Takes guest, Sublime Systems CEO and co-founder Leah Ellis, is doing.
Leah and her colleagues at Sublime Systems are decarbonizing the cement industry by creating a process that produces cement with electricity instead of fossil fuels.
Emily spoke with Leah about developing the science behind low carbon cement. They also talked about the importance of getting experience in the industry while she was still an academic, and Sublime's ultimate goal of launching a plant capable of producing a million tons of cement a year.
Watt It Takes is brought to you by Shell Ventures. Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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The U.S. is on track to deploy 550 gigawatts of new renewables on the grid by 2030. That's a massive amount of solar, wind, and other renewables powering buildings, EVs, appliances, and industrial processes in our increasingly electrified world.
Last year electric vehicles (EVs) hit a massive milestone by making up 5% of all new car sales in the U.S. And Bloomberg estimated that more than half of new car sales could be EVs by 2030.
That future looks bright, but to keep the headlights on and the wheels turning, the grid will have to be prepared to provide power at triple its current capacity by 2050. Fossil fuel peaker plants have been filling in the gaps left by renewables during times of peak demand. But to reach net-zero by 2050, the U.S. will need more sources of firm power that don't come from coal or natural gas.
Thomas Folker, CEO and co-founder of Leap, a Powerhouse Ventures portfolio company, is working to solve that problem.
Leap has built the platform needed to turn all of our various grid-connected devices into virtual power plants that can be called upon during times of high demand. Thomas and the team at Leap are helping to prevent the use of fossil fuel power plants called peaker plants, many of which only run during times of high energy and don't actually run on a daily basis.
Virtual power plants, or VPPs, aggregate the combined power of EVs, rooftop solar, residential and commercial batteries and other distributed energy resources, or DERs, and make that energy available to areas of high demand. Leap's API makes it simple for these smart, grid-connected devices to collectively act as virtual power plants, and their platform allows their customers to sell that energy to buyers.
I spoke with Thomas about leveraging software solutions to solve hard, real-world problems on the grid. We also talked about how his early roles helping build energy projects both big and small gave him a realistic view on what it takes to make lasting change.
Watt It Takes is brought to you by Shell Ventures. Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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Forests make up a third of all land on Earth, and they're one of our major defenses against a warming world. 45% of the carbon stored in land exists in forests.
Today, our forests are struggling to adapt to human activity and a rapidly changing climate. Deforestation and wildfires continue to ravage habitats like the Amazon. In the U.S.destructive wildfires have increasingly ravaged the West. To protect these valuable ecosystems and carbon sinks, we need to radically change the way we restore, conserve and expand these landscapes.
And that's exactly what Vibrant Planet CEO and co-founder Allison Wolff is doing.
Allison and the Vibrant Planet team are modernizing forest conservation and restoration with a product called Land Tender, a digital platform that leverages data to help Forest Services, municipalities and tribal lands better manage their conservation and restoration efforts. Allison describes it as the operating system for forest restoration.
By digitizing forest conservation and restoration, Land Tender makes it easy for municipal fire districts, conservations districts, nonprofits, and NGOs to coordinate and plan with each other.
Different interventions like removing vegetation and prescribed burns can be mapped over time using machine learning and AI to adjust treatments accordingly.
Emily spoke with Allison about the process of merging nature-based climate solutions with cutting edge technology, how she developed Land Tender, and Allison’s long career pushing big tech companies to make positive choices for people and the planet.
Watt It Takes is brought to you by Shell Ventures. Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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Industrial processes are one of the hardest sectors of the economy to decarbonize. Fossil fuels have been the go-to way of powering the facilities that make paper, plastics, food, beverages, and chemicals.
Slashing greenhouse gas emissions from industry means changing the way companies produce their raw materials.
The problem: sometimes the hardest sectors to decarbonize are the ones that may not believe in climate change at all, and thus don’t feel the need to change their practices.
And that's what Shreya Dave, CEO and co-founder of Via Separations, is changing.
Shreya and the team at Via Separations are making it attractive for their customers to decarbonize by providing a cheaper alternative to an often overlooked source of emissions: chemical separations and purification.
The traditional way of separating desirable materials is very resource-intensive. Shreya likens the whole process to separating pasta from water in a pot. The water, which is the waste product, is boiled off using heat from fossil fuels to get to just the cooked pasta, or the desirable material, at the bottom of the pot.
Via Separations is changing the way separations are done by developing and deploying filtration systems that act like a pasta strainer, filtering out the waste product using less energy and producing less emissions.
The energy savings can't be understated. Chemical separations and purification make up a whopping 12 percent of the country's yearly energy consumption. That's on par with all the energy used in gasoline powered cars and trucks in the U.S. every year.
Emily spoke with Shreya about the work needed to scale the tech, the importance of speaking to customers about their needs, and the industries Via Separations is going after first.
Watt It Takes is brought to you by Shell Ventures. Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.
Powerhouse is an innovation firm that works with leading global corporations to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at https://www.powerhouse.fund/subscribe.
To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.
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