Another #CERAWeek in the books ✔️
Take a look at some of the key moments from CERAWeek 2025, where our executives joined global leaders at one of the biggest energy forums of the year. From groundbreaking conversations on AI in the energy space to demand-side management, these discussions are helping pave the way for the future of energy. See you next year!
Featured:
💡 Rasesh Patel, EVP, President, NRG Consumer
💡 Dak Liyanearachchi, EVP, Chief Technology Officer
💡 Lynda Clemmons, SVP, Chief Sustainability Officer & Head of Strategy Implementation
💡 Travis Kavulla, VP, Regulatory Affairs
Hi, My name's Linda. I'm Jack from NRG. I'm Travis Kavula. Hi. I'm Rashish from NRG. And today we're here at Surowitz. You're awake. Sarawak. Sarawak. Our customers have changed quite a bit and we talk about we've got 30 years from today and how much of that is useful as you look forward because people live differently, they use power differently, They're experience with their homes is very different now. I mean, you know, 10 years ago when we have talked about I'm going to ask my refrigerator what's in it, you know. Virtual power plant. So think of this as reducing that demand up to a GW of demand reduction in real time without actually spinning up any generation, really. We're leveraging when consumers are not home. We ran out of a study in Texas kind of during the peak load hours, 7 PM, 24% of homes were unoccupied for over an hour, right? People are out for dinner. We're having someone from work yet. 3 or 4% of homes were unoccupied entire day. And and so we have this immense opportunity to be smarter about the resources that are out there, but not to put the burden on the consumer and ask the consumer, you know, to do everything, but to actually do it for them in a compelling way. So we're in a demand growth super cycle in the power sector at the moment and it's all hands on deck. You need additional power supply in the form of natural gas. That's something that NRG is doing and you also need more flexibility. Around the demand side of the market, which has traditionally been neglected, but we're finally at a point where instead of just asking why is the smart grid so dumb, we are doing something about it, including right here in Texas with our own virtual power plant where we're helping customers achieve bill savings and affordability. You know, all the projections are that by 2035 are virtual power plant will be the equivalent of 1 GW. So, so it's sizable in terms of not having to build I mean we still need to build, but but that's how we're thinking about that because you use. Follow Energy to continue to learn more about the innovative One GW virtual power plant that we announced in partnership with Renew Home in Google Cloud. And this is going to be a very unique offering that is going to commercially launch here soon. So stay tuned.
