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Energy Gang

Rick Perry Picks Winners and Losers

Energy Gang

Wood Mackenzie

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

4.61.3K Ratings

🗓️ 27 October 2017

⏱️ 58 minutes

🧾️ Download transcript

Summary

"Don’t let government pick winners and losers."

That was Rick Perry’s mantra as Texas governor and a presidential candidate. But it didn’t take him long to abandon it as energy secretary. This week, we’ll revisit the rare, bizarre request from Perry asking federal regulators to restructure electricity markets and prop up struggling coal and nuclear plants.

Then, the latest on the post-Hurricane energy crisis in Puerto Rico. We'll talk about the rebuilding effort, a controversial grid-rebuilding contract with an unknown company, and the strained Washington-Puerto relationship.

Finally, an Alaskan sovereign wealth fund is betting big on distributed energy through Generate Capital. We'll talk about what the fund says about new investment approaches in emerging tech.

Recommended reading and listening:

The Interchange: An interview With Ari Peskoe About the Legal Holes in Perry's NOPR

Vox: What Rick Perry Would Have Recommended If He Listened to His Own Grid Study

Martin Heinrich op-ed: Coal Bailout Is a Crude Attempt to Pay for Campaign Promises

Washington Post: FEMA Cites 'Significant Concerns' Over Whitefish Energy Deal in Puerto Rico

GTM: Generate Capital Raises $200 Million Fund

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Transcript

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0:00.0

The Energy Gang is brought to you by Mission Solar Energy, a solar module manufacturer based in San Antonio, Texas.

0:07.0

Mission Solar operates a 260 megawatt facility right here in the US.

0:13.0

Through state-of-the-art engineering and outstanding quality, Mission Solar's modules, every one of

0:17.7

which is made in their Texas facility offer world-class performance and guaranteed long-term reliability.

0:24.0

You can find out more about Mission's high-powered modules at Mission Solar.com. From Green Tech Media, this is the Energy Gang, a weekly digest on energy, clean tech and the environment.

0:38.8

I'm Stephen Lacy, welcome. Don't let government pick winners and losers.

0:45.0

That was Rick Perry's mantra as a presidential candidate,

0:52.0

but it didn't take him long to drop it as Energy Secretary.

0:55.0

This week, we'll take a look at a rare bizarre request from Perry

0:59.0

asking federal regulators to restructure electricity markets

1:02.0

and prop up struggling coal and nuke plants.

1:06.0

Then the latest on the post-hurricane energy crisis in Puerto Rico, Catherine's been

1:10.5

pretty active on the energy policy front, so we're going to get an update from

1:13.8

her about the Washington Puerto Rico relationship or lack thereof depending on how you

1:20.0

look at it. Finally an Alaskan sovereign wealth fund is betting big on

1:24.8

distributed energy and guess what? It's making that bet through

1:28.4

generate capital jiggers firm so we're going to hear from him on what

1:31.9

generates latest funds says about new investment approaches.

1:35.0

So it turns out while I was away for a few weeks just hanging out on the beach, sipping cocktails, looking at all the wildlife in Africa. My co-host were pretty busy working on how to rebuild

1:47.7

Puerto Rico and raising multi hundred million dollar funds. Let's say hello to them. They've been very

1:55.0

busy. Catherine Hamilton is in Washington DC. She's a partner and co-founder of

1:58.7

38 North Solutions. Hello, Catherine.

...

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