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Pearl Street Technologies Co-Founder and CEO David Bromberg
Podcast |
Watt It Takes
Publisher |
Emily Kirsch
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Technology
Publication Date |
Mar 27, 2025
Episode Duration |
01:11:43

Here’s a thought experiment. You’re a seasoned clean energy developer. You’ve got a pipeline of projects. You’ve navigated permitting, secured financing, refined your technology stack. Everything’s lined up, and you’re ready to build. There’s just one problem: interconnection.

To connect your projects, you have to go through a complex study process run by your utility, or your Regional Transmission Organization (RTO), or your Independent System Operator (ISO). They need to evaluate how your project impacts the grid, what upgrades are required, and how the costs get assigned. It’s a system built for a different grid era, and today, the system is completely overwhelmed.

For both developers and transmission providers, the interconnection queue has become a major obstacle. Developers depend on timely approvals to move projects forward. Transmission providers, meanwhile, are inundated with requests while also trying to maintain grid reliability, plan for future capacity, and, in many regions, meet aggressive decarbonization goals. And they’re doing all of that with legacy software that was never built to handle this kind of volume or complexity.

If you’ve been in the energy world for a while, you know this bottleneck well. But if you’re new, here’s the scale of the challenge: around 2.5 terawatts of renewable energy projects alone are currently stuck in interconnection queues across the U.S. At the same time, electricity demand is surging, driven by data centers, AI, EVs, and industrial electrification. The average wait time for grid interconnection in the U.S. is 6 years. 

Speeding up the interconnection study process could remove one of the most significant barriers to getting clean energy and storage projects online. But that requires smarter, modern tools. Our guest today, David Bromberg, Co-Founder and CEO of Pearl Street Technologies, has built those tools, and is helping transmission providers and developers navigate the interconnection process with unprecedented speed. 

Sponsors:

Watt it Takes is brought to you by Powerhouse Innovation. Powerhouse Innovation is a leading consulting firm connecting top-tier corporations and investors - including corporate innovation teams, CVCs, and pensions - with cutting-edge technologies and startups that meet their specific criteria for engagement. 

Are you seeking strategic startup partnership or investment opportunities? Get in touch to see how you can leverage Powerhouse Innovation’s expert team and vast network, including a database of over 13,000 startups, to help accelerate your innovation and investing goals. To learn more visit powerhouse.co.

About Powerhouse Innovation and Powerhouse Ventures 

Powerhouse Innovation partners with leading corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in climate. 

Powerhouse Ventures backs entrepreneurs building the digital infrastructure for rapid decarbonization. 

To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.

David Bromberg is the Co-Founder and CEO of Pearl Street Technologies. Pearl Street’s software helps transmission providers, renewable energy developers, and other stakeholders overcome the interconnection bottleneck at the heart of the clean energy transition. Emily spoke with David about his journey: from growing up in Brooklyn, New York, to his days as a self-described depressed PhD candidate, to the early career lessons that shaped his path. David wasn’t sure he had the right personality to be a CEO, but he stepped into the role anyway and co-founded Pearl Street Technologies. The company, recently acquired by energy data and analytics leader Enverus, has contracted over 400 gigawatts with ISOs, modeled more than 2,000 clean energy projects, and is now being used to model nearly 10 percent of the nation’s interconnection backlog — and counting.

Here’s a thought experiment. You’re a seasoned clean energy developer. You’ve got a pipeline of projects. You’ve navigated permitting, secured financing, refined your technology stack. Everything’s lined up, and you’re ready to build. There’s just one problem: interconnection.

To connect your projects, you have to go through a complex study process run by your utility, or your Regional Transmission Organization (RTO), or your Independent System Operator (ISO). They need to evaluate how your project impacts the grid, what upgrades are required, and how the costs get assigned. It’s a system built for a different grid era, and today, the system is completely overwhelmed.

For both developers and transmission providers, the interconnection queue has become a major obstacle. Developers depend on timely approvals to move projects forward. Transmission providers, meanwhile, are inundated with requests while also trying to maintain grid reliability, plan for future capacity, and, in many regions, meet aggressive decarbonization goals. And they’re doing all of that with legacy software that was never built to handle this kind of volume or complexity.

If you’ve been in the energy world for a while, you know this bottleneck well. But if you’re new, here’s the scale of the challenge: around 2.5 terawatts of renewable energy projects alone are currently stuck in interconnection queues across the U.S. At the same time, electricity demand is surging, driven by data centers, AI, EVs, and industrial electrification. The average wait time for grid interconnection in the U.S. is 6 years. 

Speeding up the interconnection study process could remove one of the most significant barriers to getting clean energy and storage projects online. But that requires smarter, modern tools. Our guest today, David Bromberg, Co-Founder and CEO of Pearl Street Technologies, has built those tools, and is helping transmission providers and developers navigate the interconnection process with unprecedented speed. 

Sponsors:

Watt it Takes is brought to you by Powerhouse Innovation. Powerhouse Innovation is a leading consulting firm connecting top-tier corporations and investors - including corporate innovation teams, CVCs, and pensions - with cutting-edge technologies and startups that meet their specific criteria for engagement. 

Are you seeking strategic startup partnership or investment opportunities? Get in touch to see how you can leverage Powerhouse Innovation’s expert team and vast network, including a database of over 13,000 startups, to help accelerate your innovation and investing goals. To learn more visit powerhouse.co.

About Powerhouse Innovation and Powerhouse Ventures 

Powerhouse Innovation partners with leading corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in climate. 

Powerhouse Ventures backs entrepreneurs building the digital infrastructure for rapid decarbonization. 

To hear more stories of founders building our climate positive future, hit the “subscribe” button and leave us a review.

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