Base Power
Energy storage companyWikipedia
20
MENTIONS
8
EPISODES
8
PODCASTS
Search complete. 20 mentions across 8 episodes found for "Base Power".
Sep 30, 2026
Eric NorenHOST
This is Bankshot Strategy, a weekly briefing on strategy, AI, and digital growth from me, Eric Norin.
Eric NorenHOST
Today's brief examines Base Power's battery fleet, not the battery, which everyone assumes is the moat, but the contract underneath it, and why the split between a utility toll and a household price promise is being decided by the regulatory map rather than by anyone inside the company.
Eric NorenHOST
If you'd like to read the article for yourself or see the related visuals, head over to bankshotstrategy.com or check the show notes.
Eric NorenHOST
I've been reading about Base Power Company over at Not Boring and wanted to learn more about its business.
Eric NorenHOST
Since it's not a public company, I'm dependent on sources that Claude Research could dig up, so know that there are gaps in the story and I'm subject to correction.
Eric NorenHOST
Base Power builds batteries in Austin and installs about a hundred of them a day.
Eric NorenHOST
Everyone ends up at someone's home, still owned by Base, on a contract measured in years.
Eric NorenHOST
Some of those batteries go into homes in deregulated areas, Texas and the Chicago area, where Base sells the homeowner the electricity and trades the stored battery power in the wholesale market, Others go into homes served by a co-op or a municipal utility, where base sells the utility the right to dispatch the battery and stays out of the retail electricity business completely.
Joshua RhodesHOST
Hey, everyone, and welcome back to another episode of the Energy Capital Podcast.
Joshua RhodesHOST
I'm really excited to have Chase Dalyan here from Base Power Company to talk about what the company's been doing, as well as a new study they've put out looking at the impacts of distributed energy resources on the ability to unlock firm load for places like large loads, data centers.
Joshua RhodesHOST
But yeah, really excited to have Chase here to talk about it.
Joshua RhodesHOST
Chase has a PhD in electrical and computer engineering from UW, the University of Washington.
Joshua RhodesHOST
In and around there, he also worked 10 years at the Pacific Northwest National Lab, ending as a senior applied scientist before switching over to machine learning at Tesla.
Joshua RhodesHOST
Very recently, actually, as of recording this podcast, he's a founding power systems engineer at a base power company.
Joshua RhodesHOST
Chase, welcome to the Energy Capital Podcast.
Chase DowlingGUEST
Thanks, Josh.
Ryan PinedaHOST
Correct.
Ryan PinedaHOST
Think about, a good example is Base Power.
Ryan PinedaHOST
I don't know if you guys have come across this company.
Ryan PinedaHOST
So Base Power is based in Texas.
Ryan PinedaHOST
And Zach Dell, who, Michael Dell's son, and this guy Justin, who used to be at Anduril, come together.
Ryan PinedaHOST
And they basically have an idea of the United States electrical grid is very broken.
John WeaverHOST
Yeah, I think it's a 40 KWH battery.
John WeaverHOST
And so his motivation is not base power.
John WeaverHOST
There you go.
John WeaverHOST
His motivation is different.
John WeaverHOST
So I just have a, It's interesting to me that that's going on.
John WeaverHOST
And since
Tim MontagueHOST
you mentioned base power, that brings up the Illinois Renewable Energy Conference, which is happening October 19 and 20.
Tim MontagueHOST
I'm going to be moderating a panel that base power is going to be on.
Caie KelleyGUEST
We invest in energy all the way to the point of consumer.
Caie KelleyGUEST
So we look at companies like Base Power in the US here, but Fuse Energy is also another neo-utility in the UK.
Caie KelleyGUEST
And then outside of energy, we also invest in other different types of advanced manufacturing that broadly fit in this category of hard tech, deep tech, climate sustainability.
Caie KelleyGUEST
We're investors in companies like Framework, which is a textile manufacturer.
Travis KavullaGUEST
And I suppose my management philosophy is really about empowering people to execute on their objectives that are predefined or become defined over the course of processes.
Travis KavullaGUEST
It's my immediate prior job, and I wasn't there very long, but it was transformative on the way I think about this, was a startup named Base Power Company.
Travis KavullaGUEST
And in the startup world, you're encouraged to try to make success happen, but it's expecting that high performing employees in the course of doing so will fail periodically.
Travis KavullaGUEST
And so trying to eradicate the fear of trying an interesting thing, not with reliability, but with business processes and deals that might be done.
Alfred JohnsonHOST
I'm Alfred Johnson, the CEO of Crux, the capital platform for the clean economy.
Alfred JohnsonHOST
My guest today is Zach Dell, the co-founder and CEO of Base Power.
Alfred JohnsonHOST
Zach started the company in Austin in twenty twenty-three with his co-founder, Justin Lopez, to manufacture home batteries and sell electricity.
Alfred JohnsonHOST
So far, Base has raised more than two and a half billion dollars, most recently a billion-dollar round in August that valued the company at thirteen billion dollars.
Alfred JohnsonHOST
He's making one about the cost.
Alfred JohnsonHOST
A battery, a factory, a truck, and a tax credit are all lines in the same equation, and the cheapest electron wins.
Alfred JohnsonHOST
We talked about why he thinks residential batteries are the fastest way to meet demand, how the cost of capital ends up on the customer's bills, and what last year's sourcing rules did to the way that Base Power buys its parts.
Alfred JohnsonHOST
Zach Dell, welcome to Critical Capital.
Zach DellGUEST
So from the beginning, we, you know, we started the company with this, with a memo, right? B- I think you've read it.
Zach DellGUEST
It's 10 pages top to bottom, like, what is Base Power, why does it exist.
Zach DellGUEST
What is the problem that we're solving? How are we gonna do it?
David SenraHOST
Where'd you get the idea to s- to write the, that initial memo?