Energy Empire

What If Data Centers Paid You?

39 min · 14. maj 2026
episode What If Data Centers Paid You? cover

Beskrivelse

The backlash against data centers is, in many places, a backlash against rising electricity bills. Nick Chaset, CEO of Octopus Energy US, thinks the solution isn’t to stop building — it’s to change who benefits. In this episode, Nick explains why the way data centers currently connect to the American power system puts the costs on nearby communities while sending the upside elsewhere. He breaks down how Octopus Energy flipped that dynamic in the UK by giving communities a direct financial stake in local wind energy through discounted bills — and how the same model could reshape the data center boom now unfolding across the US. Jigar, Jamie, and Nick get into what virtual power plants actually are, why networks of home batteries, EVs, and smart thermostats can function like power plants, why Texas is moving faster than California on clean energy deployment, and what it would take for homeowners in places like Loudoun County to get paid instead of squeezed. Plus: whether 160 gigawatts of virtual power plant capacity by 2030 is realistic — or wildly optimistic. Links: Submit a question to Ask Jigar: https://octopusenergy.com/ask-jigar [https://octopusenergy.com/ask-jigar] S2G Investments: ⁠https://www.s2ginvestments.com/insights/podcast-global-energy-order⁠ [https://www.s2ginvestments.com/insights/podcast-global-energy-order] Octopus Energy: https://octopusenergy.com/faas [https://octopusenergy.com/faas]

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26 episoder

episode Inside California's Plan to Fix the Utility Business Model with Senator Josh Becker cover

Inside California's Plan to Fix the Utility Business Model with Senator Josh Becker

California built the one of the cleanest grids in the country and wholesale prices have never been lower — but utility bills keep going up. One reason: utilities make more money by spending more. California State Senator Josh Becker is writing the bills to change that. Before politics, Becker was in venture capital — he seeded Opower and worked on EPA's first Clean Air Marketplace Conference in 1992. Now he runs much of California's energy policy from Sacramento. Jigar and Arnab Pal (in for Jamie) talk with Becker about tying utility executive bonuses to keeping rates down, the metrics regulators should use to measure utility performance, why your home battery should count toward grid reliability, and how to use the grid we've already paid for before building more. Along the way: why the grid is like a Walmart parking lot built for Christmas Eve, the plan to take wildfire costs off your electricity bill, and Becker's blunt verdict that "hope is not a strategy." Plus: listener questions on virtual power plants, nuclear, and what happens when everyone goes off the grid — in this week's Ask Jigar. Submit a question to Ask Jigar: https://octopusenergy.com/ask-jigar [https://octopusenergy.com/ask-jigar] S2G Investments: https://www.s2ginvestments.com/insights/podcast-global-energy-order [https://www.s2ginvestments.com/insights/podcast-global-energy-order] Octopus Energy: https://octopusenergy.com/faas [https://octopusenergy.com/faas]

21. maj 202656 min
episode What If Data Centers Paid You? cover

What If Data Centers Paid You?

The backlash against data centers is, in many places, a backlash against rising electricity bills. Nick Chaset, CEO of Octopus Energy US, thinks the solution isn’t to stop building — it’s to change who benefits. In this episode, Nick explains why the way data centers currently connect to the American power system puts the costs on nearby communities while sending the upside elsewhere. He breaks down how Octopus Energy flipped that dynamic in the UK by giving communities a direct financial stake in local wind energy through discounted bills — and how the same model could reshape the data center boom now unfolding across the US. Jigar, Jamie, and Nick get into what virtual power plants actually are, why networks of home batteries, EVs, and smart thermostats can function like power plants, why Texas is moving faster than California on clean energy deployment, and what it would take for homeowners in places like Loudoun County to get paid instead of squeezed. Plus: whether 160 gigawatts of virtual power plant capacity by 2030 is realistic — or wildly optimistic. Links: Submit a question to Ask Jigar: https://octopusenergy.com/ask-jigar [https://octopusenergy.com/ask-jigar] S2G Investments: ⁠https://www.s2ginvestments.com/insights/podcast-global-energy-order⁠ [https://www.s2ginvestments.com/insights/podcast-global-energy-order] Octopus Energy: https://octopusenergy.com/faas [https://octopusenergy.com/faas]

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episode The Guy Who Built American Wind — and What He’s Betting On Next cover

The Guy Who Built American Wind — and What He’s Betting On Next

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