Ramez Naam

speaker
373 appearances 1 recordings 1 series first heard Jul 2026 last heard 16 Jul

Ramez Naam’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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Base is amazing.
Very, very smart team.
I'm acquainted with them.
They've done some really clever stuff.
Their model works because Texas, where they had started, is a deregulated energy market.
So they're giving you a battery for, I think, the current quotes I've seen are $9 a month, and you get backup for your house.
Why does that work?
It works because they're using that battery to buy and sell power on the grid, to buy power when it's cheap, sell it back when it's expensive, and they become your electricity retailer.
And so that business model all around pencils for them.
You're paying them $9 a month, but in some sense, they're using your house to build a small power plant.
It's a battery that pulls in and out power.
And they're taking over.
They become your utility that you're paying.
That business model works in eight U.S.
states, Texas being the largest.
So ERCOT, the Texas power grid, is a deregulated market.
And it's kind of amazing because it's a very...
free market system where both on the retail side, you can pick who your power company is and they compete on prices.
And on the wholesale side, on the generation side, anybody can build a power plant and just sell power onto the grid.
It's incredibly competitive.
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