Matthew Smith
speaker
466 appearances
1 recordings
1 series
first heard Jul 2026
last heard 21 Jul
Matthew Smith’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
natural gas.
And they probably will be at some point the largest consumer again with some of the outages in the Middle East.
We potentially hurt important allies at a time where we really want them to be allies if we can't send them the gas they need.
And so it is pretty important that we don't curtail LNG, although that will certainly be one of the levers as we go out to the late decade that we will be forced to think about to deal with rising electricity prices in the country.
Really for the last two or three years, the phenomenon where CEOs, CFOs of companies, all of whom have really been asked by their investors or their products lend themselves well to deploying products to capture AI compute rent, what CEOs have said
versus what is possible from the system, I think is an interesting study that will happen over time.
The amount of capital made available to companies to make investments that are really short-sighted in the context of our work, like the incremental distributed natural gas genset,
It's an inefficient, high heat rate or high cost, inefficient asset that really should only serve as backup generation in any context outside of this fast time to power setting where AI compute needs the power now.
Over four or five years, those assets may not even run.
And so you've had tens of billions flow into these distributed power assets, all of which are short and will consume natural gas.
And we really haven't seen anybody, including...
Firms we really respect question at any point whether there will be enough gas and what the cost will be when the time comes.
It's been surprising that enough folks haven't put pen to paper to then start contracting gas to make sure they have supply certainty.
We haven't seen more financial contracting.
28 is somewhat illiquid.
This is why we really haven't seen the forward curve move.
And we think that's where the action starts.
As soon as utilities turn the page and start to really hedge or buy gas in 28,
And we start to see all these natural gas generating companies start to think about securing supply.
You're going to start to see a knife fight to secure natural gas physical in 28 like we really haven't seen before.
Showing 421–440 of 466 · page 22 of 24
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