This Is the Case for Building a More Robust Power Grid

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 18 August 2022

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

Thanks to surging energy costs and extreme weather events, there's a greater urgency to decarbonize the electricity grid. However, it's not enough just to add more solar panels, or wind turbines or even nuclear plants. We need a way to move all that power. And today's grid wasn't made for intermittent energy sources. On this episode we speak to Rob Gramlich, the Founder and President of Grid Strategies, about what we need in our grid to take advantage of intermittent power and what it would take to get there, both from a monetary and regulatory standpoint.

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0:00.0	As of 9-1-20-23, you may earn a 5.5% annualized yield with six-month T-bills of held to maturity.
0:06.4	But who's got time to purchase U.S. Treasuries? Doesn't that involve going to a bank?
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0:17.5	and you may be able to earn some of the highest yields we've seen since the year 2000.
0:21.2	Visit public.com-slash-t-build-podcast to get started.
0:24.9	This is a paid endorsement by public.com.
0:28.1	The Bloomberg Sustainable Business Summit returns to New York on October 5th,
0:46.8	featuring leaders driving innovation in sustainable business and finance.
0:50.8	Looking at the latest trends in green financing and ambitious ESG goals,
0:55.1	speakers include executives from KKR, Macy's, Green Giants, C-16 Sciences,
1:00.8	Environmental Defense Fund, and more.
1:03.2	Summit Advisor, Principal Financial Group.
1:05.9	Visit BloombergLive.com-SBSNY-SLASH-Radio to learn more.
1:11.2	Hello and welcome to another episode of The Odd Lot's podcast.
1:25.3	I'm Joe Weisenthal.
1:26.7	And I'm Tracy Alloway.
1:28.0	Tracy, you know, a cliche that I hear a lot, or I don't know if it's a cliche,
1:32.6	but a line that I hear a lot, is that our electrical power grid is not made.
1:39.9	What? What's so funny?
1:40.9	Sorry, but you say a cliche that you hear a lot.
1:43.8	I think everyone is just walking around going like,
	...

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