4.4 • 1.6K Ratings
🗓️ 6 October 2023
⏱️ 66 minutes
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Jigar Shah is the head of the Loan Programs Office at the Department of Energy and thanks to the Inflation Reduction Act, he has hundreds of billions of dollars to lend to companies to accelerate the commercialization of clean energy technologies. The office has already been extremely active over the past year, and there's lots more to come. In this special episode of the podcast that was recorded live at the Texas Tribune Festival in Austin, Texas, we discuss his office's strategy and what it will take to achieve the clean, cheap energy system that so many people want. We also discuss specific industries, including nuclear power, and what it will take to build momentum towards more deployment.
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0:53.2 | Hello and welcome to another episode of the Odlots podcast. I'm Joe Wyzenthal. |
0:57.9 | And I'm Tracy Alloy. Tracy, today we have a special episode of the podcast. |
1:03.2 | That's right. So we traveled to Austin, Texas. We were there for the Texas Tribune Festival, |
1:08.3 | and we recorded a live episode with one of our favorite Odlots guests, Jigger Shaw. |
1:13.7 | That's right. Jigger is, as listeners may know, the head of the loan program at the department |
1:19.6 | of energy. This is his third time appearing. The first time we talked to him was early 2022, |
1:25.6 | when the loan program's office was this sort of small backwater office within the DOE. |
1:31.2 | Then we talked to him again about a year ago, right after the Inflation Reduction Act was passed, |
1:36.4 | when his office got tons of money to land out. And then this was sort of like a one year |
1:42.5 | on episode. What are they doing with all this money at his office? And what are the real prospects |
1:48.9 | for sort of decarbonizing our electricity system? He's sort of in the groove now. He's spending some |
1:54.4 | of the billions of dollars that he's been authorized to spend by Washington. And it's really |
1:59.6 | interesting to see how he's actually putting that money to work and what's getting him excited |
2:04.3 | in the energy space right now. All right. So take a listen. Jigger, we've talked to you a couple of |
2:09.2 | times in the past on the podcast about the loan program office. What do we start just to like sort |
2:15.7 | of a quick summary and we've talked like about what you do. Like real quickly, just what is the |
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