Can NRG Become the Apple or Google of Electricity Delivery?

Energy Gang

Wood Mackenzie

Tech News, Environment, Sustainability, Innovation, Renewable Energy, Technology, Alternative Energy, Energy, News, Cleantech, Wind Energy, Business, Climate Change, Solar Energy

4.6 • 1.3K Ratings

🗓️ 9 April 2015

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Last March, NRG CEO David Crane wrote a passionate letter to investors. “There is no Amazon, Apple, Facebook or Google in the American energy industry today,” lamented Crane. His plan, he said, was to make NRG the company “that enables the consumer to make their own energy choices.” Months later, Crane broke the electricity supplier up into three parts: NRG Business, NRG Home and NRG Renew. The Home arm of the business now includes retail sales, residential solar, residential EV charging and home energy management. In this week’s show, we’ll talk with the new CEO of NRG Home, Steve McBee, about his plan to double revenues through energy customization and consumer empowerment. Later in the show, we’ll discuss a new report from the Rocky Mountain Institute about the economics of “load defection” caused by solar-plus-storage. We’ll wrap up with a conversation about California’s severe drought. Are tech entrepreneurs ignoring an opportunity to address a crisis in their own backyard? This podcast is sponsored by ReneSola, a tier 1 solar cell and module manufacturer with a decade of experience in the cleantech industry. The Energy Gang is produced by Greentechmedia.com. The show features weekly discussions between energy futurist Jigar Shah, energy policy expert Katherine Hamilton and Greentech Media Editor Stephen Lacey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	The Energy Gang is brought to you by Renna Sola, a tier 1 solar cell and module manufacturer with a decade of experience in the clean tech industry.
0:09.0	Renna Sola is your complete procurement
0:15.0	costs and drive down the cost of projects.
0:20.0	To find your local representative, go to rena sola.
0:25.0	US, that's R-E-N-E-S-O-A dot US, or give them a call at 415 570 2647.
0:36.4	For the week of April 9, 2015, this is the Energy Gang from Green Tech Media.
0:45.0	I'm Stephen Lacey, a senior editor with Green Tech Media in Washington, D.C.
0:56.6	Welcome to the show.
0:58.0	In our program this week, we are joined by the CEO of NRG Home to chat about the company's push into solar and home energy
1:04.8	management, which it brands as personalized power.
1:09.0	Then we'll take a peek at Rocky Mountain Institute's latest report on grid defection, and we'll wrap up with the conversation
1:14.5	about California's severe drought.
1:16.9	Are tech entrepreneurs ignoring an opportunity to address a crisis in their own backyard?
1:21.4	Usually in my backyard of Washington, D.C. but in New Orleans this week,
1:25.6	it is Catherine Hamilton. She's back after spring break and she's a partner with 38 North
1:30.8	Solutions. How was your vacation, Catherine?
1:34.0	Yeah, it was wonderful.
1:35.0	The Bluebonnets were in bloom and it was a much needed break.
1:38.0	What's got you in New Orleans?
1:40.0	I'm here for a conference of the Women's Energy Network.
1:42.8	I'm the president of the DC chapter and there are about 300 women down here.
1:46.8	Honestly, most of them are in the oil and gas business, so I'm learning about things like
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Wood Mackenzie, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Wood Mackenzie and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.