#290 Meet The Hottest Grid Solution... A Kitchen Stove? w/ Sam Calisch | Copper

Now, I am curious, you know, Tell me a little bit about the time when you were really deciding to build Carver.

I don't actually know the origin story here.

So tell me more about like, hey, we realized that this was a problem.

Did you already know that you wanted to build stoves? Like, tell me more about how did you find this particular problem to solve when there's so many problems you could have been working on?

Yeah, absolutely.

I think it's very related to the conversation we were just having.

And I think there was an observation that a lot of the technologies had gotten really good.

They'd gotten really cheap.

Wind and solar were the cheapest sources of generating electricity.

And heat pumps, induction stoves were really amazing, but we weren't seeing the deployment of them that we needed.

And if you track that forward, if you understood that, wow, an energy system powered predominantly by electricity will unlock a level of scale, a level of growth that we don't know today.

If you play that forward, you realize that the big problems aren't on the supply side.

We have cheap wind and cheap solar.

They are kind of on the delivery of electricity, on how you get those really cheap, clean electrons into your home to power the things that you want to do.

There's last mile delivery problem.

And you see this because, you know, the price you and I pay for electricity, a growing, growing portion of that is not the generation.

It's the delivery.

Yeah.

And, you know, in markets like in California, it's something like 70% of the delivery, 70% of the cost of electricity is just in its delivery.

So you could have free wind and solar out on the grid, and you'd still be paying about as much as you are today just to get it to your house.

That's mind-blowing.

And so that was one thing.

We were looking around saying, wow, the world's moving to electric, but there are some serious constraints in how we deliver electricity to people.

And then simultaneously, we were saying...

Electric appliances are amazing.

Now, I am curious, you know, Tell me a little bit about the time when you were really deciding to build Carver.

I don't actually know the origin story here.

So tell me more about like, hey, we realized that this was a problem.

Did you already know that you wanted to build stoves? Like, tell me more about how did you find this particular problem to solve when there's so many problems you could have been working on?

Yeah, absolutely.

I think it's very related to the conversation we were just having.

And I think there was an observation that a lot of the technologies had gotten really good.

They'd gotten really cheap.

Wind and solar were the cheapest sources of generating electricity.

And heat pumps, induction stoves were really amazing, but we weren't seeing the deployment of them that we needed.

And if you track that forward, if you understood that, wow, an energy system powered predominantly by electricity will unlock a level of scale, a level of growth that we don't know today.

If you play that forward, you realize that the big problems aren't on the supply side.

We have cheap wind and cheap solar.

They are kind of on the delivery of electricity, on how you get those really cheap, clean electrons into your home to power the things that you want to do.

There's last mile delivery problem.

And you see this because, you know, the price you and I pay for electricity, a growing, growing portion of that is not the generation.

It's the delivery.

Yeah.

And, you know, in markets like in California, it's something like 70% of the delivery, 70% of the cost of electricity is just in its delivery.

So you could have free wind and solar out on the grid, and you'd still be paying about as much as you are today just to get it to your house.

That's mind-blowing.

And so that was one thing.

We were looking around saying, wow, the world's moving to electric, but there are some serious constraints in how we deliver electricity to people.

And then simultaneously, we were saying...

Electric appliances are amazing.