Building a Power Company for the Next 50 Years | Zach Dell, Base Power
Sep 6, 2026 · 1:16:20
David Senra interviews Base Power co-founder Zach Dell about building an energy company to make electricity affordable and reliable. Dell says the grid is too small, as AI drives demand growth from 2% to 10% a year, and Base's fix is owning home batteries as a fleet—charging when power is cheap, discharging when expensive, providing backup—so customers pay 1/20th to 1/40th of owning one outright. He explains the counterposition—selling electricity, not batteries; 10-year megawatts-as-a-service deals for utilities like CoServe; and a compounding cost advantage via vertical integration and Base's custom battery, the Base Core. He covers the 'Dad Terminal' with Michael Dell, ex-SpaceX lessons, and Base's habits: monthly updates, North Stars, dashboards, a turtle marking the critical path.
