Some notes and attempted transcript of the relevant segment from...

Some notes and attempted transcript of the relevant segment from that video: Note that he is ambiguous about the falling cost of batteries timing. I.E. is it expected to be permanently cheaper within reason, or just currently cheaper.

Biggest cluster is iceland - 100% carbon neutral power
Carbon neutral power still has work to do as batteries are expensive. Data centres have to run 24/7/52. Need 100% baseload dispatcheable power. 99.99% uptime
Nuclear plants take a long time to build.
kwh of solar or wind is extremely inexpensive. But with batteries being required it becomes 2 or 3 times grid prices. And the supply chain do that do not exist either.
That leaves you with gas, with the most mature supply chain, and you get get 500 mw to 1 gig in a year or two. And the pathway to clean that up has to be CC+S. What we're working on right now is we've been investing millions of dollars into the feed studies for CCA projects. . . . if we're actually going to get large scale post combustion CCS, the way that's going to happen is in partnership with a data centre, is you have an offtaker who has the highest willingness to pay for environmental attributes, These companies are often already paying hundreds of dollars per t for nature based removals or anthrogenic removal. They also are really focussed on their climate goals that they have already announced. They've made big statements that AI is not pulling them away from so they're going to have to find ways to respond with speed, but also have to be clean.

All the ESG reports are going to have to take a step back because rampant power and the associated emissions of that, and so the question is OK, what are the solutions that get you from here to there as a bridge to get us back to the trajectory we want to be on.

q. . . . Sounds like you think the best approach is to fund gas with CCS . . . blah blah?

A better approach is very specifically around building gas to be the temporary bridge so that the grid can expand, the grid can then be the thing that absorbs a lot of renewables, the batteries, the SMRs, all the mix can go through the grid up to these data centres in the long term. The short term problem is solved.

Q Do you think we will get CCUS cost effective before batteries just come down the cost curve, or is it a matter of you need it now, so that doesn't matter?
There are some projects we are seeing where it can be more cost competitive than having 24/7 batteries on a big renewable deployment.

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We have to expand the abundance of energy and intelligence. . .