WE098 - Investing in the Future Through Energy Tech with David Forsberg

Wicked Energy with JG

Welcome to another thought-provoking episode of Wicked Energy with JG! In this episode, hosts Justin Gauthier and Ben Klepacki sit down with David Forsberg, managing partner at Ascent Energy Ventures, to explore the future of energy consumption and innovative investment strategies. David discusses the importance of investing in cleaner, safer energy sources like natural gas and nuclear, while expressing concerns about the scalability of wind, solar, and battery technologies. He delves into his thesis-driven investment approach, emphasizing the need for a systematic process and thorough due diligence.

David shares insights into the various funding stages for energy startups, his focus on asset-light digital solutions, and the challenges of determining initial investment sizes. The discussion also covers the unique position of Colorado in the energy industry and the role of digital transformation in oil and gas. David provides valuable advice for aspiring investors, highlights the significance of managing downside risk, and shares his personal interests and recommended readings. Don't miss this comprehensive overview of the evolving energy landscape and the strategic frameworks driving investment in energy tech.

LinkedIn: https://www.linkedin.com/in/david-forsberg-cfa-7a70631/

Website: https://ascentev.com/

Show Sponsors

InflowControl

InflowControl is a tech firm specializing in enhancing oil production efficiency and minimizing environmental harm through their Autonomous Inflow Control Valve (AICV®). The technology boosts profitability in mature oil fields by filtering out undesired gas and water, allowing previously overlooked zones to contribute to production. This results in both higher profitability and Lower Carbon Oil for stakeholders. For more information, visit the links below:

Website: www.inflowcontrol.no

LinkedIn: https://www.linkedin.com/company/inflowcontrol-as/

YouTube: https://www.youtube.com/channel/UCqdgIooQhYtUBo-auUlYw-Q

Mainline Ventures

Mainline Ventures stands alone as the premier strategy consulting firm dedicated to the energy sector, founded by former E&P C-Suite executives. They transform deal-making from an art into a science with their Process Driven Negotiation Technique, focusing on active deals and offering services like bespoke training, deal advising, and go-to-market strategies, often on a contingency basis due to their strategy's proven effectiveness. This approach not only yields measurable, scalable results but also seamlessly integrates with your existing operations, ensuring long-term sustainability without the need for changes in your team or technology.

LinkedIn Link: https://www.linkedin.com/company/mainlineventures/

Website: https://mainline-ventures.com/

Wicked Energy

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YouTube License for Intro Song: AIQEUTW42O1GZC5W