• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Tech

Obama says there’s an energy revolution underway

By
Katie Fehrenbacher
Katie Fehrenbacher
Down Arrow Button Icon
By
Katie Fehrenbacher
Katie Fehrenbacher
Down Arrow Button Icon
August 25, 2015, 10:03 AM ET
A Nest thermostat is installed in a home in Provo
REUTERS/George Frey (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY) - RTX17ON5Photograph by George Frey — Reuters

While President Obama took the opportunity to unveil new federal actions to boost clean energy during a speech at a conference in Las Vegas on Monday, he also used the time to do something a little more inspirational and a little bit geeky.

Obama told the audience—filled with entrepreneurs, politicians and executives, many in the clean energy industry—that there’s “an American energy revolution” underway and that Americans are beginning to take control over their own energy use. This transformation represents the future of energy use in America, according to Obama.

Obama said this transition includes moving from using fossil fuel energy to using clean energy, and from managing energy with analog technologies to managing energy with digital tech. In addition, Obama referenced the introduction of energy storage technologies like batteries that can store energy to be used when needed.

Obama said the energy transformation is similar to if the telegraph evolved into the smartphone “in less than a decade.” “It’s happening that fast,” said Obama. Geeky energy technologies, like smart appliances and energy pricing data, and not oft-discussed energy programs like net metering and Property-Assessed Clean Energy (PACE), peppered his speech.

The language was meant in part to rally the crowd, but also showed how Obama is willing to embrace these types of niche energy technologies that are being developed by tech entrepreneurs and startup companies, many in Silicon Valley. Obama name-checked Valley darlings Nest (owned by Google (GOOG) and Tesla (TSLA) in his talk, and spoke about consumers using software to manage energy consumption, something only a handful of passionate energy nerds seem to truly care about.

ETHIOPIA-US-DIPLOMACY
US President Barack Obama laughs at the hair nets the members of the press have to wear during a tour of Faffa Food, which produces low-cost and high-protein foods, with the help of Feed the Future in Addis Ababa on July 28, 2015.Photograph by Saul Loeb — AFP/Getty Images
Photograph by Saul Loeb — AFP/Getty Images

The speech also shows how, in his final term in office, Obama is willing to support measures that can help his goal of moving the needle on fighting climate change. Obama recently finalized a highly controversial plan to reduce greenhouse gas emissions from the power industry. Fighting climate change, it seems, is one of his final legacies.

Introducing the president, Senator Harry Reid described him as a person who “put the world on the map to fight climate change.” He called Obama’s Clean Power Plan “the most powerful steps by our nation to fight climate change.”

During his Vegas speech, Obama said: “The real revolution going on here is that people are beginning to realize they can take more control over their own energy. What they use, how much, and when.”

That type of energy revolution has been long proclaimed by Valley energy entrepreneurs as reasons for buying a Nest thermostat or a Tesla electric car. Still, it remains to be seen if consumers are buying these things because they are useful for managing energy or because they are cool technologies. Energy control and the idea of the “personalization of energy,” in and of itself, might in reality never break out of this early-adopter tech subset and into the mainstream.

Obama said this energy revolution is facing a fight with fossil fuel companies that are trying to protect the status quo. “That’s a problem,” said Obama. “These companies are standing in the way of the future” and “threatening a new industry that is churning out jobs at a fast pace.”

The solar industry is providing more jobs in the U.S. than Apple (AAPL), Google, Facebook (FB) and Twitter (TWTR) combined. Earlier in the day at the conference investor Nancy Pfund—who’s firm has funded both Tesla and SolarCity—pointed out that the solar industry is providing many middle income jobs in the U.S. that the Internet industry is not.

Subscribe to Data Sheet, Fortune’s daily newsletter on the business of technology.

About the Author
By Katie Fehrenbacher
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

NewslettersTerm Sheet
What 2026 holds for the future of work
By Allie GarfinkleJanuary 14, 2026
11 hours ago
Photo: Meta chief Mark Zuckerberg
InvestingMarkets
The ‘Magnificent 7’ stocks are dying, and Wall Street is pretty happy about it
By Jim EdwardsJanuary 14, 2026
11 hours ago
OnePlus CEO Pete Lau in Mumbai on June 22, 2017. (Photo: Punit Paranjpe/AFP/Getty Images)
NewslettersFortune Tech
Taiwan issues arrest warrant for OnePlus CEO
By Andrew NuscaJanuary 14, 2026
12 hours ago
CryptoCryptocurrency
Brokerage tech firm Alpaca raises $150 million in push to compete with trading giant Interactive Brokers
By Ben WeissJanuary 14, 2026
12 hours ago
Healthchief executive officer (CEO)
Elon Musk says humans are ‘pre-programmed to die’ and longevity is ‘solvable’, raising huge questions about the future of health
By Marco Quiroz-GutierrezJanuary 14, 2026
13 hours ago
Alphabet and Google CEO Sundar Pichai seated next to Apple CEO Tim Cook at a formal dinner.
AIApple
What Apple’s AI deal with Google means for the two tech giants, and for $500 billion ‘upstart’ OpenAI
By Jeremy Kahn and Beatrice NolanJanuary 13, 2026
21 hours ago

Most Popular

placeholder alt text
Success
Despite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’s
By Emma BurleighJanuary 13, 2026
1 day ago
placeholder alt text
AI
'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'
By Jason MaJanuary 12, 2026
2 days ago
placeholder alt text
Future of Work
'Microshifting,' an extreme form of hybrid working that breaks work into short, non-continuous blocks, is on the rise
By Nick LichtenbergJanuary 13, 2026
1 day ago
placeholder alt text
Economy
Goldman Sachs top economist says Powell probe won’t change the Fed: 'Decisions are going to be made based on employment and inflation'
By Sasha RogelbergJanuary 12, 2026
2 days ago
placeholder alt text
Economy
The longer the Supreme Court delays its tariff decision, the better it is for President Trump
By Jim EdwardsJanuary 13, 2026
1 day ago
placeholder alt text
Economy
Americans making more than $100,000 are quickly losing faith in the economy—and it's a red flag for the white-collar job market
By Tristan BoveJanuary 12, 2026
2 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.