Energy Empire

Can a Climate Democrat Win a Trump District? — with Rep. Kathy Castor 11.06.2026 41min

Kathy Castor has represented Tampa in Congress for 20 years — four of them chairing the House Select Committee on the Climate Crisis, the policy engine behind the Inflation Reduction Act. Now Florida's new congressional map has carved her district into five pieces, turning a seat Democrats won by 12 into one Trump carried by 11.Jigar and Jamie talk with the congresswoman about why the Sunshine State gets 75% of its electricity from gas, the Thriving Economy Project — the next climate bill, drafted before Democrats have the votes to pass it, with 1,200 policy proposals already in — and where permitting reform could move with Trump still in the White House.Along the way: the congressman who entered a battery into the committee record, electric bills burned in a garbage can, and why MacDill Air Force Base relocates every time a storm approaches.Plus, Ask Jigar: where one person's effort actually counts, whether AI changes the value of a college degree, the case for 50 climate tech IPOs, and which states pay you for the battery in your EV.Submit a question to Ask Jigar: https://octopusenergy.com/ask-jigarS2G Investments: https://www.s2ginvestments.com/insights/podcast-global-energy-orderOctopus Energy: https://octopusenergy.com/faas

Forget Solar Stocks. The Best Solar Returns Are Overseas. 04.06.2026 1h 1min

Brazil: 14% returns. South Africa: 9.8%. United States: 7.1%. That's not a typo. Mike Silvestrini has deployed $476 million in solar projects overseas and at home. The US is his riskiest market.Silvestrini is the co-founder of Energea — a platform that lets anyone invest directly in real solar projects, not solar stocks, for as little as $100. Jigar and Jamie talk with Mike about where the capital is missing, why the returns are where they are, and what it actually means when electricity arrives somewhere it's never been before.Along the way: why Mike has been skeptical about batteries for 20 years and still is. How he first heard of Jigar. 250,000 homes in Colombia with no electricity. And why he had to start quacking more like a duck to attract the right investors — and whether it cost him.Learn more about Energea here: https://www.energea.com?utm_campaign=45660715-Energy%20Empire%20Podcast%202026&utm_source=energyempirepodcast&utm_medium=podcastSubmit a question to Ask Jigar: https://octopusenergy.com/ask-jigarS2G Investments: https://www.s2ginvestments.com/insights/podcast-global-energy-orderOctopus Energy: https://octopusenergy.com/faas

The Utilities Want $1.4 Trillion. The Hyperscalers Want a Gigawatt. Nobody Did the Math. 28.05.2026 54min

Electric utilities are on track to spend $1.4 trillion on the power grid by 2030. Hyperscalers keep asking for gigawatt-scale data centers. Nobody is required to show the math.Katherine Blunt covered PG&E's bankruptcy and the Camp Fire for The Wall Street Journal and wrote California Burning, the book PG&E CEO Patti Poppe made mandatory reading for all her employees when she took over. Now, Blunt covers Alphabet, where she is watching the AI buildout collide with the same regulatory machinery that produced PG&E.Jigar and Katherine get into PJM's white paper conceding the market needs to be redesigned, what Google figured out in its Xcel Minnesota deal that other hyperscalers haven't, and what trust looks like when utilities ask for a record-setting decade of spending.Plus: the one thing Katherine would mandate if she could — and it isn't interruptible service.Submit a question to Ask Jigar: https://octopusenergy.com/ask-jigarS2G Investments: https://www.s2ginvestments.com/insights/podcast-global-energy-orderOctopus Energy: https://octopusenergy.com/faas

Ask Jigar: Should You Cut the Cord on Your Utility? 26.05.2026 7min

Solar on the roof. Battery in the garage. You can run your house yourself now. The question is what that does to the grid we all share.This week on Ask Jigar: what local clean-energy leaders should do now that the feds have pulled back. Whether virtual power plants will hurt utility valuations. Why nuclear supporters should love cheap battery storage. And whether mass defection from the California grid is real — or if NEM 3.0 already changed the math.Four questions. One answer: use the grid we already paid for.Submit your question: octopusenergy.com/ask-jigar

Inside California's Plan to Fix the Utility Business Model with Senator Josh Becker 21.05.2026 56min

California built the one of the cleanest grids in the country and wholesale prices have never been lower — but utility bills keep going up. One reason: utilities make more money by spending more. California State Senator Josh Becker is writing the bills to change that. Before politics, Becker was in venture capital — he seeded Opower and worked on EPA's first Clean Air Marketplace Conference in 1992. Now he runs much of California's energy policy from Sacramento.Jigar and Arnab Pal (in for Jamie) talk with Becker about tying utility executive bonuses to keeping rates down, the metrics regulators should use to measure utility performance, why your home battery should count toward grid reliability, and how to use the grid we've already paid for before building more.Along the way: why the grid is like a Walmart parking lot built for Christmas Eve, the plan to take wildfire costs off your electricity bill, and Becker's blunt verdict that "hope is not a strategy."Plus: listener questions on virtual power plants, nuclear, and what happens when everyone goes off the grid — in this week's Ask Jigar.Submit a question to Ask Jigar: https://octopusenergy.com/ask-jigarS2G Investments: https://www.s2ginvestments.com/insights/podcast-global-energy-orderOctopus Energy: https://octopusenergy.com/faas

Ask Jigar: Where do you actually start when you want to electrify your life? 15.05.2026 2min

A lot of people are walking around with energy questions and not getting straight answers. That changes now.Ask Jigar is a new weekly segment on Energy Empire. Three listener questions per episode. Jigar answers them on air. No hedging, no "it depends" non-answers.Should you sign a long-term electricity contract? Is your utility actually serious about clean energy? What separates the startups that make it from the ones that don't? Send it in.In this teaser: where do you actually start when you want to electrify your life?Submit your question: octopusenergy.com/ask-jigarAsk Jigar is supported by Octopus Energy.

What If Data Centers Paid You? 14.05.2026 39min

The backlash against data centers is, in many places, a backlash against rising electricity bills. Nick Chaset, CEO of Octopus Energy US, thinks the solution isn’t to stop building — it’s to change who benefits.In this episode, Nick explains why the way data centers currently connect to the American power system puts the costs on nearby communities while sending the upside elsewhere. He breaks down how Octopus Energy flipped that dynamic in the UK by giving communities a direct financial stake in local wind energy through discounted bills — and how the same model could reshape the data center boom now unfolding across the US.Jigar, Jamie, and Nick get into what virtual power plants actually are, why networks of home batteries, EVs, and smart thermostats can function like power plants, why Texas is moving faster than California on clean energy deployment, and what it would take for homeowners in places like Loudoun County to get paid instead of squeezed. Plus: whether 160 gigawatts of virtual power plant capacity by 2030 is realistic — or wildly optimistic.Links:Submit a question to Ask Jigar: https://octopusenergy.com/ask-jigarS2G Investments: ⁠https://www.s2ginvestments.com/insights/podcast-global-energy-order⁠Octopus Energy: https://octopusenergy.com/faas

The Guy Who Built American Wind — and What He’s Betting On Next 07.05.2026 52min

Sandy Reisky started building wind farms in 2000, before it was an asset class. He founded Apex Clean Energy in Charlottesville, Virginia, scaled it into one of the country's largest independent wind developers, and in 2015 bought up distressed wind projects when the tax credit extension looked uncertain. Wind now generates around 12% of U.S. electricity — 30 to 50% across the Great Plains.Jigar and Jamie talk with Sandy about how he scaled Apex, why community relations was a competitive advantage most developers skipped, what wind looks like in a hostile policy environment, and his new focus: Pearl Score, a home energy performance rating that gives sellers credit for efficiency upgrades at the point of sale.Along the way: the power maps that helped Apex win over hostile communities, why fossil fuels have already lost the battle of physics, and Jamie's proposal to name an offshore wind farm after the president — and paint all the turbines gold.Learn more at energyempire.fmLinks:S2G Investments: ⁠https://www.s2ginvestments.com/insights/podcast-global-energy-order⁠Octopus Energy: https://octopusenergy.com/faas

Bonus episode: Why Is Lady Liberty Holding a Power Cable? 05.05.2026 49min

The Energy Empire logo has a two-prong plug. Apparently, that's a problem. Since launch, we've been getting called out on LinkedIn by people who are very concerned about electrical safety. So we brought in our designer, Rosie Jewell, to finally answer for it — is our brand unsafe? What happens if Lady Liberty gets struck by lightning holding a janky appliance? What exactly is she plugging in? Does artistic license cover electrical code violations?Jamie talks with Rosie about how the Energy Empire brand came together — the symbols they rejected (Roman architecture, the eagle, the flag, and yes, a lightning bolt), why Lady Liberty was the only image that worked, and what it took to get from pencil sketch to a mark that's already generating opinions on LinkedIn.Along the way: why clean energy needs to put down the lightning bolt, what most energy brands get wrong about visual identity, and the one American symbol that hasn't been co-opted by either side.Learn more about Rosie’s work at https://www.rosiejewell.comGet in touch with us at energyempire.fm

"Nobody Cared About Deployment" — Who is Jigar Shah? (Part 2) 30.04.2026 37min

In 2013, Jigar wrote a book arguing climate didn't have a technology problem. It had a deployment problem. The breakthrough-tech crowd called him naive. A year later, he co-founded Generate Capital to prove it — a C-corp, not a fund, because seven-year fund lives kill infrastructure deals before they work.First close: $55 million. People were whispering "vanity project." By 2024, Generate had raised $10 billion and built 2,000 assets.Part 2 of the biography series. Jamie and Jigar revisit the argument with Bill Gates and Vinod Khosla over what was actually broken in clean energy, the C-corp bet the Trump tax cut accidentally made look brilliant, and the first $100 million checks into batteries, RNG, and behind-the-meter gas.Learn more at energyempire.fm

Bonus Episode: Dan Shugar on Reshoring Solar Manufacturing (recorded at UNC Clean Tech Summit) 28.04.2026 28min

When COVID broke global logistics in 2020, Dan Shugar made a call most of his peers didn't. Nextpower absorbed over $100 million honoring existing contracts, then built the manufacturing it needed at home. Today the company has 35+ US factories — including a former Bethlehem Steel mill in Pittsburgh now shipping hundreds of trucks a week — and a backlog north of $5 billion.Jigar joins SunCast's Nico Johnson to talk with Dan about onshoring through the chaos, why solar and storage are no longer "alternative" energy when they made up 83% of new US power capacity last year, and how Nextpower's culture has kept its team intact across cycles.Along the way: why the industry's biggest enemy is its own narrative, the $10 million bet ACP made to fix it, and the wedding-guest argument that turned into a video series.Recorded at the UNC Clean Tech Summit.Learn more at energyempire.fm

Bonus Episode: Former EPA Administrator Michael Regan on Data Centers and Public Health (Recorded at UNC Clean Tech Summit) 24.04.2026 26min

Michael Regan served as the 16th Administrator of the EPA under President Biden — the first Black man to hold the role — and before that ran North Carolina's Department of Environmental Quality, where he won the largest coal ash settlement in U.S. history against Duke Energy.This is a special bonus episode from UNC Clean Tech Summit, recorded in collaboration with Nico Johnson's Suncast podcast. Jigar and Nico sit down with Regan to talk about why he considers the EPA a public health agency first, what he learned visiting 90 of North Carolina's 100 counties, how the current administration's retreat on enforcement is hitting red counties as hard as blue ones, and why communities are pushing back on data centers faster than the industry expected.This is the second of three bonus episodes from UNC Clean Tech. The final conversation, with NextPower CEO Dan Shugar, drops next Tuesday.Two additional interviews from the summit — with John Szoka from the Conservative Energy Network and investor Ahmad Chatila — are available on Suncast: https://www.suncast.media/Energy Empire is a weekly podcast about the people, capital, and billion-dollar decisions shaping the future of energy. Learn more at energyempire.fm.

Trump's Iran War: Hubris, Blowback, and Peak Oil 21.04.2026 1h 12min

The Iran war is now the largest supply disruption in the history of the global oil market. Physical crude hit $150 a barrel. Futures markets are acting like a deal is around the corner. And James Gutman is back on Energy Empire to explain why those two numbers don't match — and what happens when they do.This is James's fourth time on the show. He walks us through why the shock has already been absorbed but the real pain is still in the pipeline, why energy independence gave the US, Israel, Russia, and China each a permission structure to act more aggressively on the world stage, and why Europe — which didn't want this war — is now building a post-war security architecture for the Strait of Hormuz without the country that started it.On the ground: 70% of American farmers can't afford fertilizer. Europe has six weeks of jet fuel left. The US can't deliver the weapons its NATO allies already paid for. And James makes the case that this war may bring us to peak oil demand — not because of any climate agreement, but because the world is making sure this never happens again.Energy Empire is a weekly podcast about the people, capital, and billion-dollar decisions shaping the future of energy. Learn more at energyempire.fm.

Russell Gold on Leaving The Wall Street Journal for the Solar Industry 16.04.2026 52min

For two decades, Russell Gold covered the energy industry for The Wall Street Journal, breaking the Deepwater Horizon story and exposing PG&E's role in the Camp Fire. Now he's on the other side — running communications and strategy for T1 Energy, a company building a fully domestic solar supply chain across the United States.Jigar and Jamie talk with Russell about why he left journalism, what the clean energy industry keeps getting wrong about its own story, and why he's stopped talking about carbon at work. Along the way: the Landman problem, the case that solar is the most American energy, why the industry needs to stop "bringing a fan to a gunfight," and what a $5 gallon of gas means for the politics of clean energy.Plus: what it actually takes to build a 5-gigawatt solar factory in Texas, and why Russell thinks localization — not carbon — is the argument that wins this decade.Learn more at energyempire.fm

Bonus Episode: Tom Fanning on 43 Years at Southern Company (recorded at UNC Clean Tech Summit) 14.04.2026 34min

Tom Fanning spent 43 years at Southern Company — 15 different jobs, 13 years as CEO — and oversaw the construction of the only new nuclear reactors built in America in a generation.This is a special bonus episode recorded live at the UNC Clean Tech Summit in Chapel Hill, North Carolina, in collaboration with Nico Johnson's Suncast podcast. Jigar and Nico sit down with Fanning to talk about what he learned building Plant Vogtle, why America has lost its ability to build big things, what utility leadership should look like in a moment of crisis, and why his answer to almost every problem is the same: get everybody in the boat.This is the first of three bonus episodes from UNC Clean Tech. Conversations with former EPA Administrator Michael Regan and NextPower CEO Dan Shugar drop over the next two Tuesdays.Two additional interviews from the summit — with John Szoka from the Conservative Energy Network and investor Ahmad Chatila — are available on Suncast: https://www.suncast.media/Energy Empire is a weekly podcast about the people, capital, and billion-dollar decisions shaping the future of energy. Learn more at energyempire.fm.

We've Been Piloting Grid Solutions for 20 Years. It's Time to Deploy. 09.04.2026 49min

Your electricity bill keeps going up. Utilities are spending billions on new infrastructure. But the grid we already have is running at a fraction of its capacity — and the technology to unlock it has existed for 20 years.Vishal Kapadia knows this firsthand. At Walmart, he watched reliability decline and costs rise across thousands of stores. Now, as CEO of LineVision, he's deploying sensors that unlock 30 to 40% more capacity on existing transmission lines for major utilities.Jigar Shah and co-host Arnab Pal sit down with Vishal to ask the obvious question: if the technology works, why hasn't anyone scaled it? They get into the slide rule problem, the $45 billion we spend on transmission every year, why Virginia just passed the first-in-the-nation grid utilization bill, and why proven solutions keep getting stuck in pilot programs while consumers pay the price.Energy Empire is a weekly podcast about the people, capital, and billion-dollar decisions shaping the future of energy. Learn more at energyempire.fm.

No Fertilizer. No Data Centers. No Birthday Balloons. The Iran War Is Not Just Impacting Oil. 02.04.2026 1h

Iran closed the Strait of Hormuz. Everyone is focused on oil prices. But oil isn't just fuel — it's feedstock. 92% of the world's sulfur comes from refining oil and gas. A third of global helium is offline. Half the world's food depends on fertilizer that flows through a 21-mile chokepoint. And your kid's birthday balloons? Those need helium too.James Gutman returns to Energy Empire for a third time — and this time, the mood is different. On Day 31 of the war, the crisis is no longer theoretical. Pakistan is rationing fuel. Thailand is telling government workers to take the stairs. Hundreds of gas stations in Australia are running dry. Airlines are canceling flights across Southeast Asia. And as Gutman warns, the disruptions Americans will feel haven't even arrived yet — they're still in the pipeline.Jigar Shah and co-host Arnab Pal dig into the humanitarian fallout, the supply chain cascades nobody is talking about, the political consequences heading into the midterms, and how Iran turned the most important waterway on earth into a toll road — with payments in Chinese yuan.Plus: Is Trump still the accidental clean energy president? Is China becoming the new energy superpower? Energy Empire is a weekly podcast about the people, capital, and billion-dollar decisions shaping the future of energy. Learn more at energyempire.fm.

How My Retired EV Ended Up Powering Homes in Ukraine 26.03.2026 52min

After an accident totaled his Tesla, Philippe Dunsky forgot to remove it from the app. A year later, his 18-year-old daughter texted him: "Papa, what is Georgia doing in Ukraine?"Their old car — named Georgia — was charging in a rural town in western Ukraine near the Polish border. Someone had salvaged the 90-kilowatt-hour battery and repurposed it to keep homes warm and lights on during Russian bombardments of the electricity grid.In this episode, Jigar Shah and Jamie Nolan sit down with Philippe Dunsky — one of Canada's top energy consultants — to follow Georgia's journey and ask a bigger question: why are millions of EV batteries sitting unused in American driveways when they could be powering homes, backing up the grid, and saving consumers money?They dig into why utilities would rather spend $50 million upgrading a substation than give you $10,000 in free equipment, why bi-directional chargers are only now reaching the U.S. when other countries have had them for years, and what it would take to turn a million EVs a year into the largest distributed power plant the country has ever seen.Energy Empire is a weekly podcast about the people, capital, and billion-dollar decisions shaping the future of energy. Learn more at energyempire.fm.

500 Miles on a Charge: Is This the End of the Diesel Semi? 20.03.2026 52min

Electric semi trucks that go 500 miles on a single charge and fully recharge in 30 minutes. That's what the Tesla Semi is promising — and trucking companies are already placing orders by the hundreds.In this episode, Jigar and Jamie sit down with Adam Browning to dig into what's actually happening with zero-emission freight — what he saw inside the massive Tesla Semi factory in Sparks, Nevada last week, why legacy truck manufacturers are falling behind, and what it takes to get real electric trucks on real roads today. They also tackle the hard questions: What does this mean for refrigerated trucks? What are the real economics? And how does a trucker who averages seven to eight miles per gallon on diesel feel about all of this?Jamie brings questions directly from her dad — a working long-haul trucker — and the answers might surprise him.Adam is a leader at Forum Mobility, the company building charging depots for electric freight. He previously founded Vote Solar, where he helped grow the U.S. solar industry over two decades. He sees the same playbook unfolding in trucking — and he's betting his trucker hat on it.Learn more at energyempire.fm

Trump: The Accidental Clean Energy President 18.03.2026 48min

Trump promised to cut energy bills in half. Instead, he started a war that pushed oil past $100 a barrel, shut down the Strait of Hormuz, and sent every oil-importing nation on earth scrambling for solar panels and batteries — mostly from China.James Gutman returns to Energy Empire with a provocative argument: Donald Trump has inadvertently done more to accelerate the global clean energy transition than any climate policy in history. Not because he wanted to — but because when you blow up the global energy order, countries don't wait around. They build something new.Jigar Shah, Jamie Nolan, and Gutman trace how the Iran war is rewiring global energy in real time — from Pakistan's 41 GW solar boom to China's $250 billion clean energy Marshall Plan to the fertilizer plants shutting down because of gas prices.