EP. 279 AI-Driven Demand and the New Power Investment Cycle

EP. 279 AI-Driven Demand and the New Power Investment Cycle

This week on Energy Unplugged, we’re joined by Steven Mandel, Partner at TPG Rise Climate, in conversation with Oliver Kerr, Aurora’s Managing Director for North America. Together, they explore how institutional capital is responding to policy volatility, surging load growth, and the growing influence of AI on US power markets.

Steven helps lead investments across power, electrification, and the broader energy transition for TPG Rise Climate, one of the world’s largest dedicated climate investment platforms. He serves on the boards of Altus Power, Matrix Renewables, Nextracker, Intersect Power and Palmetto, and brings prior experience from Denham Capital and Citi’s Power & Utilities investment banking team.

The discussion focuses on the fundamentals shaping US power today: accelerating data centre demand, rising gas marginal costs, and the competitiveness of solar-plus-storage - even amid policy uncertainty. Steven explains why capital is concentrating on quality over pipeline scale, how investors assess durability in volatile markets, and why affordability and regulatory stability will define the next phase of deployment.

You will learn:

  • Why AI-driven load growth is strengthening the long-term power investment case.
  • How climate investors evaluate risk and downside protection in uncertain markets.
  • Why solar and storage remain structurally competitive.
  • How policy and affordability debates could shape future capital flows.

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Avsnitt(345)

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China's Renewable Boom Enters Its Hardest Phase EP. 303

This week on Energy Unplugged, Lara Panjkov, Aurora Energy Research's Head of Research for APAC, and Zelin Chen, Aurora's Market and Research Lead for China, are joined by Anders Hove, Senior Research...

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Why Higher Interest Rates May Be Good for Clean Energy EP. 302

Why Higher Interest Rates May Be Good for Clean Energy EP. 302

This week on Energy Unplugged, Oliver Kerr, Aurora Energy Research's Managing Director for North America, is joined by Declan Flanagan, CEO of Blue Star Energy Capital.  For much of the past decade, r...

18 Aug 38min

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This week on Energy Unplugged, Marc Hedin, Head of Research for Western Europe & Africa at Aurora Energy Research, is joined by Rachel Fletcher, Director of Regulation & Economics at Octopus Energy, t...

11 Aug 43min

We Built the Renewables. So Why Are Bills Still Rising? EP. 301 - Video Edition

We Built the Renewables. So Why Are Bills Still Rising? EP. 301 - Video Edition

This week on Energy Unplugged, Mark Hedin, Head of Research for Western Europe & Africa at Aurora Energy Research, is joined by Rachel Fletcher, Director of Regulation & Economics at Octopus Energy, t...

11 Aug 43min

When Success Becomes the Challenge EP. 300

When Success Becomes the Challenge EP. 300

As we celebrate a milestone 300 episodes of Energy Unplugged, Richard Howard, Aurora Energy Research's Global Research Director, is joined by Aurora's regional Managing Directors from around the world...

4 Aug 53min

Can Data Centres Earn Their Power? EP.299

Can Data Centres Earn Their Power? EP.299

This week on Energy Unplugged, Oliver Kerr, Aurora Energy Research’s Managing Director for North America, is joined by Arushi Sharma Frank, Founder of Luminary Strategies and one of the leading thinke...

28 Juli 51min

BONUS EPISODE: The Hidden Challenge Behind Brazil's Energy Boom

BONUS EPISODE: The Hidden Challenge Behind Brazil's Energy Boom

This week on Energy Unplugged, Rodrigo Borges, Aurora Energy Research’s Market Lead for Brazil, is joined by Carla Primavera, Deputy Managing Director at BNDES, the Brazilian Development Bank. BNDES h...

23 Juli 18min

Can the Grid Keep Up with AI? EP. 298

Can the Grid Keep Up with AI? EP. 298

This week on Energy Unplugged, Oliver Kerr, Aurora Energy Research’s Managing Director for North America, is joined by Seyed Madaeni, Co-Founder and CEO of Verse. Drawing on decades of experience in p...

21 Juli 35min

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