Redefining Renewables Interview Excerpt
Michael Fallquist is an entrepreneur and businessperson who has been at the head of 9 different companies and is currently Chief Executive Officer at Think Energy, part of Energywell LLC. With a previous background in private banking, Michael Fallquist has an extensive portfolio spanning multiple different industries, making him an expert in finance, business, leadership and global energy.
1. How Was Think Energy Formulated And Why Did You Choose To Get Into This Industry?
Think Energy was conceived with the idea of making clean, renewable energy simple, easily accessible, and affordable. Recognizing that electricity generation is one of the major contributors to greenhouse gas emissions, we envisioned an opportunity to make a significant difference. This drive led us to acquire Think Energy and foster our ambition to democratize renewable energy access.
2. What Changes Would You Like To Bring To The Industry?
We intend to be an important part of the global energy transition to renewable energy. In addition to making renewable energy our default choice for consumers, we have proprietary technology that enables us to reward our customers to shift their electricity consumption from peak to off-peak periods when electricity on the grid is more renewable.
3. How Do You Think The Industry Will Change In The Near Future?
In the near future, we foresee a remarkable evolution in the energy industry driven by advancements in green technology and an increased focus on addressing climate change.
This transformation will be characterized by a widespread distribution of energy generation, empowering each household to become an independent energy hub. To adapt to this changing landscape, the industry will require cutting-edge solutions like our technology to enable customers to optimize their energy resources and actively contribute to a more sustainable future.