Smart Energy: 75% Lower Storage Costs + Virtual Power Plants

Plentify uses smart water heaters and demand-side management to cut energy storage costs and create virtual power plants for affordable, clean electricity.Plentify is a smart energy company that makes affordable, reliable, and clean electricity a reality for all. Their current focus is on the demand-side management of water heaters to create virtual power plants.Jon is the former head of clean energy for Google across Africa and a strategy consultant with McKinsey & Company and South Pole Carbon Asset Management.In this episode, you’ll learn these four important takeaways and much more.How smarter water heaters can reduce energy storage costs by 75%Why their capital raise was hardest in the easiest market (a few years back) and easiest in the toughest market (today)What “presencing” is and how to use it to grow your businessWhy he loves this quote: “Opportunities Multiply as They Are Seized”🔗 PODCAST SHOW LINKS:Plentify - https://plentify.io Jon - https://www.linkedin.com/in/jon-kornik-66b9b410 📈 JOIN EFI’S CLIMATE CEO PEER GROUP:Become an EFI Climate CEO Fellow — Join North America’s top private peer group community for growth-stage CEOs in climate tech and sustainability. We’re a community of 85+ CEO Fellows, Alumni Allies, and Mentors (investors and post-exit CEOs) representing over $30B of market value or financial assets for climate solutions. Apply here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠📣 READ EFI’S NEWSLETTER:Join over 20,000 entrepreneurs, investors, and innovators who get our three-minute read about changing the world through startups, finance, humor, and wisdom. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠✍🏼 LEAVE A PODCAST REVIEW:To help more people discover the climate tech CEOs and investors we interview, please take one minute to review or rate this podcast. Since we don’t take any sponsors for this podcast, we appreciate this small gesture of your appreciation. Here are instructions: ⁠⁠⁠⁠⁠⁠⁠https://ratethispodcast.com/guides/where-can-people-leave-podcast-reviews⁠⁠⁠⁠⁠⁠⁠🤔 PODCAST HOST:Dr. Chris Wedding is the founder of EFI (climate CEO peer groups), cofounder of Terraset (carbon removal), Senior Advisor at Javelin Capital (investment banking), Board member at World Tree (regenerative forestry), Board Advisor at DG Matrix (next-gen power electronics), Duke & UNC professor, ex-private equity investor, ex-investment banker, occasional monk, father of three, 2x ax-throwing champ (huh?), Time Magazine Person of the Year in 2006 (Google it), and super humble guy (as evidenced by this long bio).

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