#064: James McGinniss on DER technology and the future of electricity consumption


Episode 64 is a conversation with James McGinniss, CEO of David Energy, a startup, and what I would call, The Grid-Interactive Buildings / Advanced Supervisory Control Space. We talked about David Energy's founding story, the future of electricity consumption, and the problems David Energy solves by bridging the behind-the-meter demand-side world with the in-front-of-the-meter supply-side world with their software platform.

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David Energy Launches in NY and NJ

David Energy

David Energy announces it is now serving customers in NY and NJ as a retail energy supplier with their first of a kind “Shared Savings” product. By combining demand response, retail energy supply, and energy management software, David Energy is able to provide significant value for their customer base.

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Retail Supplier Formally Announces “Shared Savings” Retail Energy Product In New York, New Jersey


David Energy announced today it is now serving customers in New York and New Jersey as a retail energy supplier with what it called a, "first of a kind 'Shared Savings' product."

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Venture capital funding in energy storage up significantly with $994 million in Q1 2021

Battery Industry

In Q1 2021, $1.3 billion was raised in venture capital funding by battery storage, smart grid, and energy efficiency companies, a 410% increase from the $252 million raised in Q1 2020, Mercom Capital Group LLC, Austin, Texas, United States, has reported.

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Prosumer-Focused Retail Energy Start-up Seeks Texas Retail Electric Provider Certificate

Paul Ring, Energy Choice Matters

David Energy Supply (Texas) LLC applied for an Option 1 Texas retail electric provider certificate. As previously reported, David Energy emphasizes a prosumer business model and recently announced the close of $19 million in new financing and the hiring of several retail market veteran.

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How distributed energy can harden the Texas power grid

Jeff St. John, Canary Media

Texas may struggle mightily with a top-down approach to fixing what broke its power grid this February. But distributed energy resources could offer a bottom-up solution. To James McGinniss, CEO and co-founder of David Energy, that makes for an intriguing business opportunity. In the coming months, the New York-based retail energy provider plans to enter the Texas retail market and launch a pilot offering for a few hundred Texas customers, one that combines monthly energy payments with distributed energy installations.

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