Morgan Stelly

The climate sector may have wasted a decade underinvesting in nuclear because it was culturally unpopular, while simultaneously overfunding software layers that could never solve baseload energy constraints alone. For years, nuclear sat outside the acceptable narrative of climate tech. Too expensive. Too political. Too slow. Too risky. Now, many…

For the last decade, distributed energy resources (DERs) were positioned as one of the most important disruptors in the energy transition. And in many ways, they were. They challenged centralized models.They introduced flexibility at the edge.They forced the industry to rethink how energy could be generated, stored, and consumed. That…

Over the last fifteen years, I have watched climate tech move through multiple cycles of optimism, overcorrection, and recalibration. Each wave brought new capital, new founders, and new narratives about what would scale fastest. For a long time, software was the answer. It was capital efficient, scalable, and aligned with…

The narrative around an EV slowdown is gaining traction. My view is that it is being misinterpreted.

The narrative around EVs right now is noisy. Depending on who you ask, the market is either collapsing or accelerating. The truth sits somewhere in between. EVs are not disappearing. But the market is going through a reset. From 2020 through 2024, growth was driven by incentives, capital availability, and…

There is a growing gap between hiring demand, data center expertise, and the speed at which renewable and energy infrastructure needs to scale. We’re not just talking about scaling solar or wind anymore. The conversation has moved upstream to power, grid access, and infrastructure capacity itself. As highlighted in this…

Tariffs can significantly affect climate tech infrastructure buildout—positively or negatively—depending on where they fall and how companies respond. Here’s a breakdown of the impact: Negative Impacts Positive/Strategic Impacts Key Climate Tech Sectors Affected Net Effect? Use Case: Battery Integrators Battery integrators sourcing cells and inverters overseas are facing increased costs…

The State of Climate Tech Candidate Risk Tolerance, Compensation Priorities, and New Opportunity Considerations Key Takeaways As climate technologies have become more mainstream, much of the recruiting industry has turned its attention to figuring out how to attract top talent into the climate market. While we recognize the value in…

Anyone who’s ever made hiring decisions knows the real danger of hiring the wrong person. By some estimates, an unsuitable employee can cost a company as much as $240,000, not to mention the collateral damage inflicted on company morale and reduced productivity and achievement. In a world where every decision…