Jul 19, 2026 · 41 min · 11 segments
Electricity and money go hand-in-hand. Every house needs power, and everything costs money. So how do you balance the two in the midst of a Cost of Living Crisis? And what should you keep an eye out…
Tim BeveridgeHost
Andrew BascandGuest
Sue WalkerGuest
I just wanted to raise it because I did say to people at the start of the show, I'd ask you...

By and large, people are much better off investing in more diversified savings products, by and large.

But if they want to have what I would call an experience of owning a tangible 10-year journey on an IPO, because it's not a one-day journey,

Because SpaceX is very tied into the whole concept of where are you going to get your power from?

responsible investor? That's an interesting question, isn't it? Because part of a story is where does he get the power from to generate electricity for the data centers? And the guy's a renewable power freak.

my daughter say to me, Dad, I can't remember what she said, but it was about... filming a lot of videos and sticking them on google photos she said we i mean look they're they're teenagers but she they've become aware of the power usage of these data centers and how they're a problem for um energy uh in terms of where we get the energy from and they were like dad you shouldn't be storing all these videos because someone has to pay that power has to come from somewhere and that's a cause of i don't know what they said it was but they had a stigma attached to it And what's happening is policy

If you want to put in another big new data center somewhere, Tim, you're going to have to work out where the power is going to come from.

So I think society has moved on from the fact that that power is going to be taken from here and distributed to there.

Because I must say, when I saw it, electrification, all I thought of was the CRL.

But even the word electrification, it was a word that sort of almost confused me because it's more than just electrification.

But Sue, why? Why is electrification a big investment economic story and where are we at with it?

So I think it's just with, you know, it's more renewable energy side of the electrification story.

So that, you know, solar, wind, hydro, or probably not so much hydro, but certainly solar and wind are becoming far cheaper than things like coal and gas for electricity.

I just wanted to raise it because I did say to people at the start of the show, I'd ask you...

By and large, people are much better off investing in more diversified savings products, by and large.

But if they want to have what I would call an experience of owning a tangible 10-year journey on an IPO, because it's not a one-day journey,

Because SpaceX is very tied into the whole concept of where are you going to get your power from?

responsible investor? That's an interesting question, isn't it? Because part of a story is where does he get the power from to generate electricity for the data centers? And the guy's a renewable power freak.

my daughter say to me, Dad, I can't remember what she said, but it was about... filming a lot of videos and sticking them on google photos she said we i mean look they're they're teenagers but she they've become aware of the power usage of these data centers and how they're a problem for um energy uh in terms of where we get the energy from and they were like dad you shouldn't be storing all these videos because someone has to pay that power has to come from somewhere and that's a cause of i don't know what they said it was but they had a stigma attached to it And what's happening is policy

If you want to put in another big new data center somewhere, Tim, you're going to have to work out where the power is going to come from.

So I think society has moved on from the fact that that power is going to be taken from here and distributed to there.

Because I must say, when I saw it, electrification, all I thought of was the CRL.

But even the word electrification, it was a word that sort of almost confused me because it's more than just electrification.

But Sue, why? Why is electrification a big investment economic story and where are we at with it?

So I think it's just with, you know, it's more renewable energy side of the electrification story.

So that, you know, solar, wind, hydro, or probably not so much hydro, but certainly solar and wind are becoming far cheaper than things like coal and gas for electricity.
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