Open Circuit

The prepping vibes online are very high right now. Spend any time on X, and you’ll get inundated with warnings about AI hacking, possible grid collapse, and stockpile checklists.

There’s a reason people are anxious. Security experts are sounding the alarm about AI agent swarms that are targeting infrastructure. Governments around the world are telling people to prepare for at least 72 hours of disruption. And the Pentagon recently unveiled a plan to operate bases for 90 days in the event of widespread blackouts.

So, how worried should we be about threats to the power grid?

This week, Jonathon Monken, a senior partner at Converge Strategies, joins the show to assess the state of grid security. Jonathon is a 24-year Army veteran, the former senior director of system resilience at PJM, and a former director of the Illinois emergency management agency. He says the risk is real and significantly elevated.

We’ll talk with him about where the grid is most exposed, why data centers are becoming an attractive target, and why the military’s 90-day blackout plan is very difficult to execute.

We’ll wrap up the show with a look at the energy storylines driving the midterm elections. Did “energy dominance” stop working as a political message? And can Democrats actually live up to their promises to drop energy prices?

Open Circuit is brought to you by EnergyHub. EnergyHub works with more than 230 utilities to coordinate over 2.6 million DERs and more than 3.6 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at http://energyhub.com.

Open Circuit is brought to you by Giving Green. Giving Green researches the climate nonprofits best positioned for the next big climate win, and sends 100% of every dollar donated to the Giving Green Fund to them. Make your first gift before 2027, and it’s matched up to $500. Go to https://www.givinggreen.earth/circuit or select Open Circuit at checkout.

Open Circuit is brought to you by Everyday Electric. Everyday Electric simplifies savings at home, helping support a more reliable, affordable grid. Operating the country’s largest residential VPP, it coordinates 6+ GW of capacity across connected products. Learn more athttp://everydayelectric.com/.

This was supposed to be the year when clean energy rode the AI wave onto Wall Street. Instead, the pipeline for energy IPOs is dwindling. What happened?

A combination of high interest rates, uncertain AI revenue growth, investor concerns over capital expenditures, and local friction slowing projects are all putting pressure on AI companies — and the energy providers serving them.

Companies that planned to go public this year — Holtec, The Nuclear Company, SB Energy, and Form Energy — have all shelved their plans. This year’s breakout geothermal listing, Fervo, has seen its stock price drop 70% since May. And IPPs have taken big hits to their valuations.

This week, we dig into what the uneasy market means for power development.

We’ll look at shifting market conditions for the AI trade, the reasons for delayed IPOs, alternative pathways for exits, and who may come out ahead. We’ll end with a look at some “wild cards” that may shift the picture, including China’s AI strategy, the role of distributed data centers, and power pricing.

Open Circuit is brought to you by EnergyHub. EnergyHub works with more than 230 utilities to coordinate over 2.6 million DERs and more than 3.6 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at http://energyhub.com.

Open Circuit is brought to you by Giving Green. Giving Green researches the climate nonprofits best positioned for the next big climate win, and sends 100% of every dollar donated to the Giving Green Fund to them. Make your first gift before 2027, and it’s matched up to $500. Go to https://www.givinggreen.earth/circuit or select Open Circuit at checkout.

Open Circuit is brought to you by Everyday Electric. Everyday Electric simplifies savings at home, helping support a more reliable, affordable grid. Operating the country’s largest residential VPP, it coordinates 6+ GW of capacity across connected products. Learn more athttp://everydayelectric.com/

The last few months have brought more momentum for grid flexibility than the last decade.

All across the country, load growth is pushing policymakers to leverage DERs and other flexibility tech to get more out of the grid we’ve already built. But can utilities count on it?

This week, live from Latitude Media’s Flex Summit, we explore how flexibility is getting integrated in pockets of the country – and what it will take to get buy-in from utilities.

In the first half of the show, Stephen is joined by Jen Downing and Jigar Shah to tackle the latest policy developments for VPPs and other flexible resources in California, Virginia, and the federal permitting bill.

Then, we bring in Todd Conner, senior VP of electric distribution at Xcel Energy, who explains how he thinks about “harvesting” flexibility on one of the biggest networks in the country.

Open Circuit is brought to you by EnergyHub. EnergyHub works with more than 230 utilities to coordinate over 2.6 million DERs and more than 3.6 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at http://energyhub.com.

Open Circuit is brought to you by Giving Green. Giving Green researches the climate nonprofits best positioned for the next big climate win, and sends 100% of every dollar donated to the Giving Green Fund to them. Make your first gift before 2027, and it’s matched up to $500. Go to https://www.givinggreen.earth/circuit or select Open Circuit at checkout.

Open Circuit is brought to you by Everyday Electric. Everyday Electric simplifies savings at home, helping support a more reliable, affordable grid. Operating the country’s largest residential VPP, it coordinates 6+ GW of capacity across connected products. Learn more athttp://everydayelectric.com/.

Not long ago, we were asking if AI would save the climate. Now we’re asking if it will wreck it.

The truth is somewhere in between. But it’s easy to see why sentiment swung so radically.

When the AI race kicked off, we were promised rapid breakthroughs in materials, a business model revolution, and a radically more intelligent energy economy. But many people feel like we got hulking gas plants, higher electricity prices, and broken emissions promises instead.

Behind the scenes, AI is working its way into every corner of the clean energy industry, across forecasting, basic research, product design, and resource dispatch. And researchers continue to advance these tools for the benefit of clean solutions.

So what’s the real story? Is AI still a positive force for the climate?

This week, Priya Donti joins the show to tackle this question. Priya is an AI researcher, MIT professor, and co-founder of the non-profit Climate Change AI. In 2019, she co-wrote a paper with a group of leading AI researchers on how the technology can be used for climate — and explicitly warned not to treat it as a silver bullet.

Priya talks about where AI is delivering, why claims got so inflated, the limits of general purpose models, and how she thinks about risk.

Open Circuit is brought to you by EnergyHub. EnergyHub works with more than 230 utilities to coordinate over 2.6 million DERs and more than 3.6 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at http://energyhub.com.

Open Circuit is brought to you by Giving Green. Giving Green researches the climate nonprofits best positioned for the next big climate win, and sends 100% of every dollar donated to the Giving Green Fund to them. Make your first gift before 2027, and it’s matched up to $500. Go to https://www.givinggreen.earth/circuit or select Open Circuit at checkout.

Open Circuit is brought to you by Everyday Electric. Everyday Electric simplifies savings at home, helping support a more reliable, affordable grid. Operating the country’s largest residential VPP, it coordinates 6+ GW of capacity across connected products. Learn more athttp://everydayelectric.com/.

It’s really hard to build infrastructure in America. And it’s particularly hard for clean energy, which is overwhelmingly stalled by outdated and onerous permitting.

But we have never been able to get to the root of the problem. And that’s why a new bipartisan federal permitting bill is such a big deal.

The bill sets hard deadlines for environmental reviews, limits lawsuits, and makes it harder for a president to block permitting processes. It also gives federal regulators new authority to approve transmission and open up markets to distributed resources. And it puts the cost of grid upgrades squarely on large data centers.

For builders in clean energy, it's a deal they've been dreaming about for years. For many green groups, it's a deal with the devil that will overwhelmingly benefit fossil fuels. Why is there such a deep split?

This week, Jane Flegal joins the show to talk about how permitting reform is taking shape. We’ll explore the details, the debates, and the trade-offs.

Then, we’ll revisit President Trump’s ratepayer protection plan. Tech companies and utilities signed onto the White House's pledge with great fanfare, but critics say it hasn’t worked at all. Can the permitting bill bring some needed accountability to the plan?

Open Circuit is brought to you by EnergyHub. EnergyHub works with more than 230 utilities to coordinate over 2.6 million DERs and more than 3.6 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at http://energyhub.com.

Open Circuit is brought to you by Giving Green. Giving Green researches the climate nonprofits best positioned for the next big climate win, and sends 100% of every dollar donated to the Giving Green Fund to them. Make your first gift before 2027, and it’s matched up to $500. Go to https://www.givinggreen.earth/circuit or select Open Circuit at checkout.

Open Circuit is brought to you by Everyday Electric. Everyday Electric simplifies savings at home, helping support a more reliable, affordable grid. Operating the country’s largest residential VPP, it coordinates 6+ GW of capacity across connected products. Learn more athttp://everydayelectric.com/.

Across America, people are screaming “no” — no to data centers, and no to the energy projects that serve them. So what gets people to a “yes”? Perhaps an enthusiastic yes?

Every utility and tech company is scrambling to answer that question. And so far, they haven’t been able to find one.

Our guest this week, Sparkfund CEO Pier LaFarge, has thought a lot about this problem. And he’s trying to prove that you can get local buy-in through better energy development models.

First, we’ll talk about the state of grid utilization. At a moment when there's a deep fear of overbuilding and anger over rising electricity rates, the idea of getting more out of our existing infrastructure is taking off. Pier argues that utilization is the first step toward restoring trust in growth of the grid.

Then we’ll talk about Sparkfund’s partnership with Xcel, backed by Google, to deploy distributed batteries around Minnesota. While only a small part of the answer, Pier sees it as a way to create local buy-in to data center infrastructure.

We’ll end with a deeper look at what’s driving the backlash. Pier shares a playbook for local abundance that he developed with local leaders in Alabama. When promises of jobs and taxes stop working, what comes next?

Credits: Produced and edited by Stephen Lacey, Sean Marquand, and Anne Bailey.

Join Latitude Media on October 14-15 in Austin for Flex Summit 2026, a two-day, in-person conference on distributed capacity, grid-edge flexibility, and the AI demand economy. Our podcast listeners get a 10% discount on this year’s conference using the code PODS10. ⁠Register today here⁠!

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

Open Circuit is brought to you by New Mexico Women Lead, an organization dedicated to empowering women, elevating communities, and leading New Mexico forward. Explore how New Mexico is advancing energy production, research, and innovation at the state’s official energy data platform,https://detectnm.com/.

The biggest story in Washington is President Trump's rejection of AI safety regulation. But the White House is waging an equally consequential regulatory battle against carbon regulations.

This month, the EPA finally rolled back the Biden-era carbon rule for power plants, arguing that the agency does not have the authority to regulate heat-trapping gases. It's setting the stage to block any future administration from writing new rules.

At the same time, the Trump Administration is forcing old coal plants to stay open under a Depression era wartime statute. But a federal court told the Energy Department’s efforts to keep a Michigan coal plant open was heavy handed and legally unfounded.

This week, we’ll revisit Trump’s efforts to save the coal industry. Will any of these efforts change the trajectory of the power sector? Or are they just symbolic?

Then, we’ll look at some new polling from Heatmap and Embold Research on what messaging moves Americans on climate and clean energy. Turns out, almost no one likes the word “crisis.”

Credits: Co-hosted by Stephen Lacey, Jigar Shah, and Caroline Golin. Produced and edited by Stephen Lacey, Sean Marquand, and Anne Bailey.

Join Latitude Media on October 14-15 in Austin for Flex Summit 2026, a two-day, in-person conference on distributed capacity, grid-edge flexibility, and the AI demand economy. Our podcast listeners get a 10% discount on this year’s conference using the code PODS10. ⁠Register today here⁠!

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

Open Circuit is brought to you by New Mexico Women Lead, an organization dedicated to empowering women, elevating communities, and leading New Mexico forward. Explore how New Mexico is advancing energy production, research, and innovation at the state’s official energy data platform,https://detectnm.com/.

Data centers are known for their hulking exteriors, rows of blinking servers, and massive cooling equipment. But there’s an entire ecosystem no one gets to see: the electrical architecture that sits between the power source and the GPUs.

And as data centers integrate more battery storage, there’s little consensus on what that electrical architecture should look like.

Batteries used to have one job inside a data center: keep servers on until backup generators kicked on. But today, they're being used to smooth out volatile loads, support onsite generation, and buffer the grid. And that shapes the power system around it.

In this episode, produced in partnership with Shoals Technologies, Stephen Lacey talks with Kishan Ponnadurai and Cayman Berg about the expanding role of batteries inside AI campuses, the shift from AC to higher-voltage DC, and navigating a market that is constantly changing.

This episode was produced in partnership with Shoals Technologies Group. For 30 years, Shoals has designed and manufactured the electrical backbone of critical energy infrastructure. Learn how Shoals' solutions are helping power data centers.

We are in the middle of a radical political and economic realignment, with electricity infrastructure at the center of it. And this summer, the plot thickened.

Power sector reforms are coming in fast and furious, across states, regional markets, and federal regulators. Local resistance reached new heights around the country. And data centers are scrambling politics as we near the midterm elections.

Meanwhile, AI models are breaking containment in alarming ways. The leaders of AI labs are openly calling for a slowdown and warning of dire security impacts, even while the rush to release new models and IPO intensifies.

Poll after poll shows Americans are increasingly distrustful and cynical about AI. And tech companies are stepping away from their claims about AI being a climate panacea, while they invest in the biggest gas projects on the planet.

The future of power infrastructure is inextricably linked to all these forces. This week, we’re asking: How are they changing the trajectory of how power gets built? And what does responsible data center development actually look like?

Credits: Co-hosted by Stephen Lacey, Jigar Shah, and Caroline Golin. Produced and edited by Stephen Lacey, Sean Marquand, and Anne Bailey.

Get your ticket to Latitude Media’s Flex Summit in Austin, Texas on October 14-15.

Open Circuit is brought to you by Building an Advanced Energy Ecosystem, where New Mexico's energy future is shaped. Join industry leaders, policy makers, researchers, and innovators at Building an Advanced Energy Ecosystem, September 14-16 in Albuquerque. Visit https://nmwomenlead.org/registration and use promo code CIRCUIT to save 10% on registration.

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

As data centers, factories, and electrification push growth to unprecedented heights, customers are looking for greater control over their energy use. But the traditional one-size-fits-all approach falls short for customers wanting to know which energy choices will benefit them most, and how those choices will impact their bills.

In this third episode of Bidgely’s four-part series, Stephen Lacey talks with Kirby Brinlee, director of customer experience at Oklahoma Gas & Electric, and Abhay Gupta, CEO at Bidgely.

Through their partnership with Bidgely, OG&E learned something surprising about their variable peak pricing program: Customers were shifting their energy use to the wrong hours. Personalized messages and recommendations proved a win-win for the utility and their customers. Flexibility programs became more reliable resources for grid planners, and customers learned how to keep their costs low.

Kirby and Abhay discuss how load growth is reshaping the utility-customer relationship, why personalization matters, and how AI is helping OG&E give more power to customers. OG&E’s experience reveals how AI can unlock more sophisticated demand flexibility by finding the right customers, accurately measuring energy usage, and building stronger customer relationships.

This is a partner episode, brought to you by ⁠Bidgely⁠.

This is the third episode in our series with Bidgely exploring how utilities are deploying purpose-built AI to solve their most pressing challenges. Tune in to the other episodes:

•

How APS dove headfirst into AI

•

Turning customer data into grid intelligence

Electricity prices have become a central storyline in upcoming U.S. elections. All over the country, Americans are finding it harder to pay their bills, and they’re getting increasingly cynical about utilities and data centers.

While governors are caught in the middle of this voter anger, there’s a group of key decisionmakers that are often missed: the 200 regulators that oversee tens of billions of dollars in utility spending.

In this episode, Charles Hua, the founder and executive director of PowerLines, walks through why that gap matters right now.

Utilities requested a record $31 billion in rate increases last year. And PowerLines’ newest research found that utilities are planning $1.4 trillion in capital expenditures by 2030. Hua dissects what is driving that spending, arguing that the real drivers of higher bills predate the data center boom.

Still, the data center effect is real. And state-level regulators are struggling to balance the need for economic development with the massive rate increase requests that utilities are throwing at them.

So how will electricity affordability shape elections? And, most importantly, how will it shape the way we pay for needed grid upgrades?

This conversation was recorded live at Latitude Media’s Transition-AI conference.

Get your ticket to Latitude Media’s Flex Summit in Austin, Texas on October 14-15.

Credits: Co-hosted by Stephen Lacey, Jigar Shah, and special guest Nate Adams. Produced and edited by Stephen Lacey, Sean Marquand, and Anne Bailey.

Open Circuit is brought to you by Building an Advanced Energy Ecosystem, where New Mexico's energy future is shaped. Join industry leaders, policy makers, researchers, and innovators at Building an Advanced Energy Ecosystem, September 14-16 in Albuquerque. Visit https://nmwomenlead.org/registration and use promo code CIRCUIT to save 10% on registration.

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

Virtual power plants are having a moment. Suddenly, this once-niche solution for the power sector is breaking into mainstream discourse.

The convergence of sudden load growth, aging infrastructure, extreme weather, and electricity inflation is turning distributed resources into must-deploy assets.

At the state level, VPPs are becoming a go-to tool for making electricity more affordable. They’re championed as one of the only solutions that can open up enough capacity to support load growth over the next three years.

But at a moment of historic utility spending, VPPs can still feel like a round peg in a square hole. Utilities and regulators treat them as a novelty, and market rules are not designed to unlock their potential.

So what still needs to happen to leverage the true potential of this resource? This week, we have a live episode recorded from Cpower’s GridFuture conference in Jersey City.

Stephen is joined by David Visneau, head of demand response and VPPs at NRG Business; Ken Schisler, senior director of growth & policy at NRG; and Mathew Sachs, chief strategy Officer at CPower​ ​. They dive into the unique tailwinds for the market, the regulatory constraints, the state-level policy activity, and some predictions about where we're headed.

This episode was produced in partnership with CPower.

We're on vacation through the end of August, so this week we’re featuring an episode of The Green Blueprint.

Lithium-ion batteries have revolutionized energy storage. But inexpensive, multi-day storage will still be critical for backing renewables and decarbonizing the grid.

Form Energy is tackling that challenge with a new class of iron-air batteries. By oxidizing and reducing iron, Form is creating low-cost, multi-day storage that competes directly with natural gas peaker plants.

Mateo Jaramillo, CEO and co-founder of Form Energy, has spent over two decades in the battery industry, including building Tesla’s storage business. At Form, he’s leading the charge to bring these "E-peakers" to utilities across the country. The company recently achieved a major milestone: completing a one-million-square-foot factory on the site of an old steel mill in Weirton, West Virginia.

In this episode, Mateo talks with host Lara Pierpoint about the grueling realities of scaling up manufacturing, why they chose to build in West Virginia, using AI to drive material science discovery, and the immense logistical challenges of building physical infrastructure.

Open Circuit is brought to you by Building an Advanced Energy Ecosystem, where New Mexico's energy future is shaped. Join industry leaders, policy makers, researchers, and innovators at Building an Advanced Energy Ecosystem, September 14-16 in Albuquerque. Visit https://nmwomenlead.org/registration and use promo code CIRCUIT to save 10% on registration.

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

Arbor Energy is betting that smaller, modular turbines can solve problems the conventional generation model was never designed for.

Arbor Energy was founded with an unusual idea: take technologies from rocket engines and use them to make carbon-negative power plants.

Today, the market has radically changed. Demand for turbines is exploding, the supply chain is jammed, and data centers need power on rapid timelines. Suddenly, Arbor’s 3D-printed turbine is a potential answer to the power bottleneck.

In this episode, Stephen Lacey talks with Arbor CEO and co-founder Brad Hartwig, a former SpaceX engineer who found his calling in power generation.

They explore how Arbor is adapting rocket technologies for power generation, how additive manufacturing could unlock new turbine supply chains, and why the company believes cleaner power solutions are critical for community acceptance.

Can rocket engineering help reinvent the way we build power plants?

This episode was produced in partnership with Arbor Energy.

After Iran shut down the Strait of Hormuz, everyone thought prices would hit historic highs. But they didn't. Why?

The answer is less about market resiliency, and more about two major government interventions. The U.S. intervened using a central banking model, and China intervened with a top-down government approach.

James Gutman, head of research at Abaxx Technologies, joins us this week to discuss how these two interventions influenced global oil flows, and why China emerged as a clear winner. Gutman wrote about the Chinese and American strategies on his substack, Arcs and Angles.

We look at how China cut crude oil imports and leaned on a decade of investment in electric vehicles, high-speed rail, and coal-to-liquids to defer demand. As China starts to come back into the market, the country is now operating at a position of strength.

We also discuss the U.S. model, which leaned on strategic oil reserves to moderate prices in a way that mirrors central banking. Gutman argues that this “central bank of molecules” model worked, but only for so long. And he worries about how it will get used in the future.

Finally, we ask how both of these approaches could get used again in other industries like critical minerals or equipment manufacturing.

Get your ticket to Latitude Media’s Flex Summit in Austin, Texas on October 14-15.

Credits: Co-hosted by Stephen Lacey, Jigar Shah, and special guest Nate Adams. Produced and edited by Stephen Lacey, Sean Marquand, and Anne Bailey.

Open Circuit is brought to you by Building an Advanced Energy Ecosystem, where New Mexico's energy future is shaped. Join industry leaders, policy makers, researchers, and innovators at Building an Advanced Energy Ecosystem, September 14-16 in Albuquerque. Visit https://nmwomenlead.org/registration and use promo code CIRCUIT to save 10% on registration.

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

The showdown over data centers is taking a new turn. This week, Texas Governor Greg Abbott announced a data center pause in order to audit how they’ll impact water supplies and the power grid. This comes weeks after New York issued a moratorium.

Not long ago, Governor Abbott was declaring Texas the center of the AI boom. But with his re-election bid under threat, he’s now responding to the radical shift in anti-data center sentiment.

So what will this mean for other states? And more importantly, will states use their pauses to find creative ways to upgrade grids and deploy clean energy?

Then, the end of the corporate net-zero era. AI load growth is blowing up climate goals in real time and tech companies are scrambling to explain their emissions increases. Meanwhile, many of the biggest corporate players are walking away from their targets.

But could this actually be a good thing for corporate decarbonization? We’ll look at more effective ways for companies to accelerate clean solutions.

Get your ticket to Latitude Media’s Flex Summit in Austin, Texas on October 14-15.

Credits: Co-hosted by Stephen Lacey, Jigar Shah, and special guest Nate Adams. Produced and edited by Stephen Lacey, Sean Marquand, and Anne Bailey.

Open Circuit is brought to you by Building an Advanced Energy Ecosystem, where New Mexico's energy future is shaped. Join industry leaders, policy makers, researchers, and innovators at Building an Advanced Energy Ecosystem, September 14-16 in Albuquerque. Visit https://nmwomenlead.org/registration and use promo code CIRCUIT to save 10% on registration.

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

It's been almost a decade since the “Electrify Everything” movement kicked off. And guess what? We aren't electrifying everything.

We're seeing strong growth in electric vehicles, heat pumps, and induction cooktops. But we're still trapped inside a system that makes the electric choice harder to make. And nowhere is that more obvious than with heat pumps.

Every eight seconds in the US, an HVAC contractor installs an air conditioner that has only one mode: cooling. That one decision locks in fossil fuel heating for the next 15 to 20 years.

This week, we're joined by Nate Adams, known as the House Whisperer, to unpack the three-part series he wrote for Latitude Media on what's actually holding heat pump adoption back. Nate argues the fix isn't more rebates or bigger subsidies for homeowners. Rather, it's making it easier for upstream players to make and stock two-way ACs.

We dig into the emergency replacement trap, the importance of hybrid systems, how heat pumps got politically coded, and why leading with comfort — not climate — is the winning pitch. We also talk about Nate’s immersive, fully electrified Airbnbs.

Get your ticket to Latitude Media’s Flex Summit in Austin, Texas on October 14-15.

Credits: Co-hosted by Stephen Lacey, Jigar Shah, and special guest Nate Adams. Produced and edited by Stephen Lacey, Sean Marquand, and Anne Bailey.

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

This week, we’re presenting an episode of Critical Capital, a new podcast from Crux and Latitude Studios.

We are entering a period of infrastructure development unlike anything we’ve seen in the last century. The infrastructure economy is witnessing a generational redesign and a fundamental reshaping of the physical fabric on which society is built.

In this episode, Alfred Johnson is joined by Jessica Bailey, Global Head of Infrastructure at Nuveen, an institutional giant with over $1.4 trillion in assets under management. Jessica directs $40 billion in infrastructure investments and discusses how the collision of the energy transition, digitalization, and aging grid systems is creating an unprecedented investment landscape.

Jessica shares her unique journey from climate philanthropy at the Rockefeller Brothers Fund to pioneering C-PACE financing. She also explains the financing structures needed to scale domestic manufacturing, why economic realities are beginning to override political gridlock, and why the biggest check on AI growth won't be capital, but could be energy and community pushback.

Subscribe to Critical Capital on Apple, Spotify, or any podcast platform.

A major fault line runs through the data center debate: how many will actually go off-grid?

There’s a lot of enthusiasm in Silicon Valley for breaking free from the grid. But even the companies pushing hardest for off-grid projects now admit they want a grid connection eventually. So how much behind-the-meter power will actually get built in the next few years? And what fills it?

SemiAnalysis, the influential chip and infrastructure research firm, recently projected over 40 gigawatts of behind-the-meter power at U.S. data centers by 2028, most of it gas turbines, reciprocating engines, and fuel cells.

This week, Tim Hade, SVP at Voltus, joins the show to interrogate that forecast. He thinks that timeline is a fantasy, and that the real story for the next three to five years is load flexibility driven by batteries.

We dig into the SemiAnalysis numbers, the disagreement over how much headroom the grid has, and whether declining marginal value for batteries undercuts the case for storage. We close with a new framework from Rhodium Group that scores how these choices help or hurt the energy transition.

Read Jigar’s ode to Lorenzo Kristov, mentioned in the show.

Get your ticket to Latitude Media’s Flex Summit in Austin, Texas on October 14-15.

Credits: Co-hosted by Stephen Lacey, Jigar Shah, and special guest Tim Hade. Produced and edited by Stephen Lacey, Sean Marquand, and Anne Bailey.

Open Circuit is brought to you by FischTank PR, an award-winning climate and energy tech, renewables, and sustainability-focused PR firm dedicated to elevating the work of both early-stage and established companies. Learn more about their PR approach and how they can support your company’s messaging by visiting http://fischtankpr.com.

Utilities across the country are increasingly turning to time-of-day rates as electricity demand grows and delivery costs rise. But a harder challenge is giving customers the tools to save money under those new rates.

In this second episode of a four-part series with Bidgely, Stephen Lacey talks with Lou DeBrino, Vice President of Customer Operations at PSEG Long Island, and Ted Nielsen, Chief Product Officer at Bidgely.

As PSEG Long Island prepared to transition more than 900,000 residential customers onto time-of-day rates, success depended on building trust, improving transparency, and helping customers understand exactly where their energy dollars were going.

Lou and Ted explain how appliance-level energy intelligence transformed that effort. What started as a way to explain electric bills evolved into a broader customer engagement platform supporting call center operations, targeted efficiency programs, EV adoption, demand-side management, and long-term grid planning.

Along the way, they discuss why the future of utility AI depends on building stronger relationships between utilities and their customers.

Learn more about how Bidgely works with utilities through its UtilityAI platform.

This is the second episode in our four-part series with Bidgely exploring how utilities are deploying purpose-built AI to solve their most pressing challenges. Tune in to the other episodes:

• How APS dove headfirst into AI
• Empowering utility customers with demand flexibility, with Oklahoma Gas & Electric