Skip to content
a16za16z

America's Energy Problem: We Need A New Grid

U.S. per capita energy usage peaked in 1973. Since then? Flat. Meanwhile, China’s per capita energy use has grown 9x. Today, AI, EVs, manufacturing, and data centers are driving demand for more electricity than ever—and our grid can’t keep up. In this episode, a16z general partners David Ulevitch and Erin Price-Wright, along with investing partner Ryan McEntush from the American Dynamism team, join us to unpack: – How America’s grid fell behind – Why we "forgot how to build" power infrastructure – The role of batteries, solar, nuclear, and software in reshaping the grid – How AI is both stressing and helping the system – What it’ll take to build a more resilient, decentralized, and dynamic energy future Whether you’re a founder, policymaker, or just someone who wants their lights to stay on, this conversation covers what’s broken—and how to fix it. Timestamps: 00:00 The Future of the Energy Grid 01:09 Historical Context and Current State of the Grid 03:08 Decentralization and New Technologies 07:31 Policy and Workforce Issues 10:45 The Role of Solar and Batteries 15:07 Diverse Energy Sources and Demand 24:24 Challenges in Grid Monitoring and Communication 25:55 Load Forecasting and Energy Markets 27:40 The State of Nuclear Energy 31:08 Advancements in Small Modular Reactors (SMRs) 35:56 The Role of Technology in Mega Projects 38:20 Opportunities in Grid Management and Monitoring 43:08 The Future of Energy Infrastructure and Policy Resources: Find David on X: https://x.com/davidu Find Erin on X: https://x.com/espricewright Find Ryan on X: https://x.com/rmcentush Stay Updated: Let us know what you think: https://ratethispodcast.com/a16z Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://x.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.

David UlevitchguestRyan McEntushguestErin Price-WrightguestErik Torenberghost
Jul 15, 202549mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Aging U.S. grid meets surging demand, decentralization, and software opportunity

  1. The U.S. grid expanded rapidly in the 20th century but largely “froze” after the 1980s/90s as industrial demand and buildout capacity shifted abroad, leaving an aging, brittle system and a hollowed-out workforce.
  2. Interconnection delays, transformer shortages, and rising delivery costs (even as generation costs fall) are pushing large loads like data centers to bypass the grid via on-site generation and storage.
  3. Solar-plus-batteries are highlighted as the fastest, cheapest way to add capacity and manage peaks—Texas/ ERCOT is used as a case study—while the speakers argue for a “yes-and” energy mix including gas, nuclear, geothermal, and hydro.
  4. A major constraint is poor grid observability and control: limited distribution-level monitoring, weak signaling/communications, and load forecasting that still relies heavily on weather, creating market inefficiencies and reliability risk.
  5. Nuclear sentiment has improved (recognized as clean and dispatchable), but regulation/permitting and mega-project execution remain bottlenecks; SMRs/microreactors are framed as a resilience and defense-enabling path, especially for military use cases.

IDEAS WORTH REMEMBERING

5 ideas

America’s grid problem is as much institutional as technical.

The speakers attribute stagnation to workforce attrition and loss of “how to build” know-how, compounded by policy and permitting complexity that slows new generation and transmission.

Delivery is becoming the hidden driver of electricity bills.

Generation has gotten cheaper (gas/solar), but delivery costs have risen sharply due to constrained wires, aging equipment, and hard-to-procure components like transformers—making “build near load” increasingly attractive.

Co-locating power with load is becoming a default for fast-growing demand.

Data centers (e.g., Microsoft’s stance) can’t wait a decade for interconnection, so they are increasingly pursuing on-site generation and storage, shifting the grid from centralized to hybrid/distributed architecture.

Solar + batteries are positioned as the quickest reliability upgrade.

Texas is presented as proof that rapid solar buildout plus widespread batteries can add elasticity and flatten peaks faster than traditional plants, improving performance during heat waves.

Grid observability is a venture-scale gap (a ‘Splunk for the grid’).

Limited real-time visibility—especially on distribution lines—creates reluctance to connect DERs and complicates net metering; the panel argues for monitoring, analytics, and cyber/control tooling analogous to IT stacks.

WORDS WORTH SAVING

5 quotes

There is no safety, there is no national defense, there is no national security without a reliable electrical grid.

David Ulevitch

For the last, like, 20 years, uh, effectively the grid has sort of ossified.

Ryan McEntush

Getting a new project onto the grid today, y-y-you know, you sign up for interconnection, it could take a decade.

Erin Price-Wright

Why aren't we deploying the world's cheapest form of power literally everywhere we possibly can, and then just putting batteries everywhere? Like, there just should be batteries everywhere.

Erin Price-Wright

There is no Splunk for the electrical grid.

David Ulevitch

Grid aging, brittleness, and capacity limitsInterconnection backlogs and transformer supply chainDecentralized energy resources and microgridsDelivery costs vs. generation costs economicsSolar-plus-battery deployment and ERCOT exampleGrid monitoring, telemetry, and demand responseNuclear revival, SMRs/microreactors, and permitting reform

High quality AI-generated summary created from speaker-labeled transcript.

Get more out of YouTube videos.

High quality summaries for YouTube videos. Accurate transcripts to search & find moments. Powered by ChatGPT & Claude AI.

Add to Chrome