August 8

ENB Jeremy Bezdek, EVP of Global Corp Dev and President of Freyr Battery US – How the Grid needs storage – but the right kind of storage.

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Source: ENB

I would like to give a shout-out to Jeremy as I had an absolute blast visiting with him about Freyr Battery and their new U.S. division. My first interview with Tom Jensen, while he was at the headquarters in Norway, was an eye-opener. While we understand that renewables and a weak grid require storage for stabilization, I have not been a big fan due to the impact of the huge batteries on the environment as they are disposed of. Well, the new technology developed by Freyr Battery has fixed one of my biggest concerns, and in fact, almost every objection I have to large storage projects, Tom was able to address.

So it made sense that we got an update from Jeremy as the new president of U.S. Operations. I mean it was a blast, as we got some great updates on the huge job numbers in the U.S., the use of the IRA, and coordinating investors for the U.S. market as well.

As Freyr continues down the right road, please watch their new technology as they remain nimble enough to make the changes for the good of the environment and good-paying jobs.

Thank you Jeremy for stopping by the podcast. Please let me know if you have any updates in the future that we need to know about. – Stu

Please follow Jeremy Bezdek on his LinkedIn HERE.

For more information on Freyr Battery HERE:

For Tom Jenson’s Interview HERE:

Other great news : FREYR accelerates US gigafactory plans amidst KKR investment reports

00:00 – Intro

00:50 – Talks about Jeremy Bezdek`s Promotion and a little background about him

01:33 – Tell us about the new plant that you’re raising money for tell us about what’s going on there

04:11 – Talks about Freyr being able to recycle Batteries

06:27 – Reusing what you got is kind of important for cost saving for investors.

08:22 – The importance of the I.R.A. in looking at the storage to help offset that is what brought Freyr to the U.S.? Or what prompted Norway to get interested in the U.S. storage market?

11:23 – How is the storage house for taking a look at energy security from either physical or even cyber-attacks? What do you guys got going on on the security front?

13:43 – As an investor looking at storage, does the way the financial market in the U.S. for electric generation to consumers make it more attractive to battery storage?

16:08 – Talks about energy storage and the importance of having a battery system as an insurance measure for ensuring a balanced and reliable energy supply.

19:14 – How many years is an ROI on a storage unit if you’re paying X number cents less on something like that when you’re out there as the president of the U.S. for Freyr, do you get the ROI calculations out and get your crayon and your finance going there?

21:49 – Do you guys have some stuff coming around the corner?

25:18 – Talks about the Financial aspects on looking for investors and the tax advantage which is critical

27:51 – So if there were 38 whatever site you had, what was the worst hotel you had to stay in while you were traveling around?

29:57 – What is the first for the next quarter? What are your targets again for next year?

32:15 – How are you going to be directed at the rest of the world? Because we talk to the U.S. Where are you going in the rest of the world with all this?

34:36 – How do people get a hold of you?

36:47 – Outro

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