First Principles with Christian Keil
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Episode 9: Justin worked at SpaceX and Anduril before starting Base Power, which is aiming to build a modern power company — and an energy trading business on top of it.
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(00:00) - Intro
(00:41) - What Base Power is Building
(03:26) - How Texas' Energy Grid and Market Works
(08:42) - Sponsor Break
(09:28) - Why Batteries are Needed to Support the Grid
(14:09) - Base Power's Unique Battery Deployment Model
(19:35) - Optimizing the Battery System Design
(24:14) - Streamlining the Deployment Process
(29:03) - Build vs Buy Decisions Across the Value Chain
(32:18) - Software Strategy Across Device, Cloud, and Customer
(36:00) - Balancing Customer Needs with Grid Services
(39:06) - Potential for DC Power Distribution in Homes
(40:31) - The Vision for Long-Duration Storage
(43:51) - Scaling Base Power and Driving Costs Down
(48:18) - Defining the Interfaces and Controlling the Value Chain
(52:04) - Advice for Startup Founders and Closing Thoughts
(56:11) - Conclusion
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Links:
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