Wharton Energy Conference 2011

Energy Frontiers: A Global Perspective

Friday, October 28, 2011 - Union League of Philadelphia

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Panels

Traditional Energy

The traditional energy track will focus on the future of oil and gas with topics including shale gas, oil and gas M&A, and power markets and infrastructure in emerging markets.

Strategies for Success in Shale Gas Development

The dramatic rise of Shale Gas as a key component of U.S. energy resource development has created new complexities in the management of the operations, finance, regulation, and politics of the natural gas sector. Leaders at the cutting-edge of the Shale Gas sector will describe the challenges they face in addressing these obstacles and the successful strategies they and their companies have developed to overcome them, as well as unsolved challenges. With few definitive answers to these challenges, we look forward to active audience participation to identify weaknesses in these solutions and invite further reflection.

Speakers:

Adam S. Roth, CPA, M.T. - Senior Tax Manager, Deloitte Tax (Moderator)

Adam S. Roth, CPA, M.T.

Adam S. Roth, CPA, M.T.

Senior Tax Manager, Deloitte Tax (Moderator)

Adam is a senior manager in Lead Tax Services in the Philadelphia Office of Deloitte Tax, LLP. Adam brings years of diversified accounting experience in small, mid-sized, and Big 4 accounting firms. He is experienced in federal, state and local, and international taxation. Adam works on both compliance and consulting engagements with a consulting emphasis on corporate structuring, accounting methods and accounting for income taxes under ASC 740 (SFAS109) and IFRS 37. He is a member of the Firm’s ASC 740 (FAS109) National Competency team.

Adam received his B.B.A. Magna Cum Laude in Accountancy from the Fox School of Business and Management, Temple University and his Masters of Taxation from Villanova University. He is a CPA in Pennsylvania and a member of the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants and serves on the Board of Directors and Finance Committee of The Food Trust, a not-for-profit organization based in Philadelphia. Adam is a frequent presenter at Deloitte national training sessions as well as at Temple University accounting classes. Adam recently presented at the national conference of the Broadband Tax Institute on Accounting for Income Taxes and Multistate taxation and at an American Accounting Association annual meeting.

Adam serves clients such as Comcast Corporation, Buckeye Partners, LP, Sunoco Logistics, LP, Penn Virginia Resource Partners, LP, Philadelphia Eagles, and Godiva Chocolatier.

Ken Hurwitz - Partner, Haynes & Boone

Ken Hurwitz

Ken Hurwitz

Partner, Haynes & Boone

Ken Hurwitz is a partner at the firm and has more than 30 years of energy experience. He currently focuses on midstream regulations in the shale case sector. He has practiced extensively in electric power, natural gas and oil pipeline matters before the Federal Energy Regulatory Commission, federal appellate courts and fourteen state utility commissions, and has been called upon to handle complex electric power and renewable energy transactions. Ken also conducts an active practice advising clients as to obtaining grants and loan guarantees from the Department of Energy. He is a graduate of Wharton and Penn Law.

Anish Jain - Vice President of Business Development, Frac Tech Services

Anish Jain

Anish Jain

Vice President of Business Development, Frac Tech Services

Anish Jain is Vice President of Business Development at Frac Tech Services. Frac Tech is the second largest hydraulic stimulation provider in the United States at $2.5bn in annual revenue and ~4,000 employees. Frac Tech is either #1 or #2 (by horsepower) in every major shale play in America. Anish runs Frac Tech’s M&A and international expansion initiatives, namely into Argentina, Brazil, Saudi Arabia, and China. He joined Frac Tech in May of 2011 in conjunction with the Temasek Holdings led leveraged buyout of the firm. Previous to Frac Tech, Anish was with the Energy Investments team at Temasek Holdings in Singapore and UBS Investment Bank in NYC prior to that. Anish holds a BS in Mechanical Engineering and Quantitative Economics and an MS in Engineering Management, both from Tufts University.

Jeffrey Kupfer - Senior Advisor, Chevron

Jeffrey Kupfer

Jeffrey Kupfer

Senior Advisor, Chevron

Jeff recently served as a member of the Pennsylvania Governor’s Marcellus Shale Advisory Commission and currently serves on Maryland’s Marcellus Shale Safe Drilling Initiative. Prior to joining Atlas Energy, which Chevron acquired in early 2011, Jeff helped lead the U.S. Department of Energy, most recently as Acting Deputy Secretary and Chief Operating Officer. Jeff has a long history of public service, serving in the White House, Treasury Department, U.S. Senate, and U.S. Department of Justice.

William (Bill) Langin - Exploration Manager - Appalachian Basin, Shell

William (Bill) Langin

William (Bill) Langin

Exploration Manager - Appalachian Basin, Shell

William (Bill) Langin was born and raised in northeastern Pennsylvania. Bill received his B.A. in geology, while also earning a certificate in Science in Public Policy, from Princeton University in 1999. After graduating from Princeton, he attended graduate school at Cornell University, receiving a PhD in Geophysics in 2003. Bill started with Shell’s Deepwater Exploration and Production group in 2003, working primarily on projects in the Gulf of Mexico and offshore Brazil. In 2009-2010, he served as Business Advisor to the Executive Vice President of Exploration. Bill assumed his current role as Exploration Manager for Shell's Appalachia assets in August of 2010. Bill currently manages all of Shell’s exploration activity in the Appalachian Basin, which includes acreage in Pennsylvania, Ohio, and New York.

Managed by Jack McCambridge

This panel has been approved for 1 hours of substantive law CLE credit.

Oil and Gas M&A

While the rest of the economy continues to recover from the recent downturn, in the Oil and Gas industry growth, with a long term focus, continues and so does M&A activity. Driven by unconventional gas and offshore deep water opportunities, the industry has seen a spur of mergers and acquisitions of all types and in all segments of the value chain. Strategic access to reserves both unconventional and conventional, value capture of technical expertise, cheaper cost of capital and better quality of profits are among the main themes across Oil and Gas deals. This panel of experts will explore the recent M&A trends in the Oil and Gas industry and discuss the short term and long term implications for the industry.

Speakers:

Kevin Adam - Director, Investment Banking, Credit Suisse

Kevin Adam

Kevin Adam

Director, Investment Banking, Credit Suisse

Kevin Adam is a Director of Credit Suisse in the Investment Banking division, based in New York. As part of the mergers and acquisition group, Mr. Adam is responsible for advising clients in the oil & gas industry on strategic transactions. Transaction experience includes John Wood Well Support/GE (M&A); Sale of Syncrude stake by ConocoPhillips to Sinopec; ConocoPhillips/Origin (JV); Mariner Energy/Apache (M&A); ConocoPhillips strategic alliance with Lukoil; Vintage/Oxy (M&A); Grant Prideco/National Oilwell (M&A); Anadarko Petroleum’s acquisition of Kerr-McGee and Western Gas Resources.

Prior to joining Credit Suisse’s Global Energy group in 2003, Mr. Adam worked at a private equity/mezzanine fund affiliated with Duke Energy in Houston, Texas, where he focused on producer finance for oil & gas companies.

Mr. Adam holds a Bachelor of Business Administration degree from the University of Texas at Austin.

Freda Wilkerson Bass - Upstream Treasurer, Exxon Mobil Corporation

Freda Wilkerson Bass

Freda Wilkerson Bass

Upstream Treasurer, Exxon Mobil Corporation

Ms. Bass joined Exxon Corporation in 1973 as a Financial Analyst in the Treasurer’s Department. Her thirty-year career has been spent predominantly in the finance and strategic planning functions of a variety of business segments including domestic and foreign oil and gas operations, frontier area oil exploration, chemicals, coal and minerals, as well as corporate headquarters. In 1988 she transferred to Esso Australia, initially as Treasurer and then as a Director with responsibility for the company’s financial functions, procurement, information systems, and crude oil marketing. She returned to the U.S. in 1993 to head the worldwide Treasurer’s organization in Exxon Chemical Company and, beginning in 1995, also the Business Development Department. In March 1997, she became the Treasurer of Exxon Company, U.S.A, the domestic oil and gas company. Following the Exxon Mobil merger in December 1999, Ms Bass was appointed Treasurer for the Upstream with worldwide responsibility for financing and the Company’s Exploration, Development, Production and Gas & Power Marketing activities.Ms Bass majored in economics, first at Stanford University and then at Cornell University, graduating with a bachelors degree in 1971. Following that she attended Wharton, obtaining an MBA degree in finance in 1973. She is a certified public accountant, a member of the Financial Executives Institute, and has been a board member of St. John’s School, the Houston Zoo, Texas Children’s Hospital, and the ExxonMobil Foundation.

Avik Dey - President & CEO, Remvest Energy Partners LLC

Avik Dey

Avik Dey

President & CEO, Remvest Energy Partners LLC

Avik Dey is President & CEO of Remvest Energy Partners LLC, a private investment company he founded in 2011. Remvest is currently focused on energy investments and commodities trading in Latin America. Mr. Dey has been active in the global energy sector since 1999 with experience across three distinct industries (exploration & production, investment banking and private equity). Previously, he was a Founder and Chief Financial Officer of Remora Energy, a Private Equity backed E&P company that was successfully divested for US$350 million during 2011. Prior to starting Remora, he was an Assistant Vice President for First Reserve Corporation, the world’s largest and oldest private equity firm focused exclusively on the energy industry. He was also part of the global energy group at Deutsche Bank Securities in New York. Mr. Dey started his career working in multiple Finance, Planning and Business Development roles with EnCana Corporation based in Calgary, Canada.

Mr. Dey currently serves on the Alumni Advisory Board at the Haskayne School of Business at the University of Calgary. In addition, he serves on the Board of Directors for the Young Professionals in Energy organization and the RBC Investing in New Canadians Program. Mr. Dey holds a Bachelor of Commerce in Finance from the University of Calgary.

Jonathan Samuels, C.F.A. - President & Chief Financial Officer, Triangle Petroleum Corporation

Jonathan Samuels, C.F.A.

Jonathan Samuels, C.F.A.

President & Chief Financial Officer, Triangle Petroleum Corporation

Jonathan Samuels was appointed President of Triangle Petroleum Corporation in 2011. Mr. Samuels has also been a director and the Chief Financial Officer since 2009. Prior to joining Triangle, Mr. Samuels was an investment professional responsible for research and investment sourcing in the energy sector at Palo Alto Investors, a hedge fund founded in 1989. Mr. Samuels worked for five years at California-based Palo Alto Investors and worked for a period in Dubai with an investment firm. Mr. Samuels received his BA from the University of California and his MBA at the Wharton School. He is a CFA Charterholder.

Susan Ward - Head, M&A and Commercial Finance - Americas, Shell

Susan Ward

Susan Ward

Head, M&A and Commercial Finance - Americas, Shell

Susan is Head of M&A and Commercial Finance for all Royal Dutch Shell’s Businesses in the Americas in a merged global M&A and commercial finance unit reporting to London. She is Vice Chairman of the Board of Trustees of Shell’s US Pension Fund and and is the Chairman of its Investment Committee.

Prior to her current role, Susan served as Vice President - Upstream Commercial Finance for Shell International Exploration and Production from November 2007 to December 2009, supporting all of Shell’s global Upstream businesses (E&P, G&P, Renewables) while based in the Netherlands. She also worked for nearly ten years in Shell in Treasury and Corporate Finance roles in the United States. In her former role as Head of M&A — Americas based in Houston, she provided lead MA&D, joint venture and financing advice on numerous large projects for all of Shell’s core businesses, including the $5 bln divestment of InterGen in 2005.

Susan is a former Managing Director in energy and natural resources investment banking at UBS in New York and worked for eight years at Kidder, Peabody (a General Electric subsidiary) and PaineWebber as a Senior Vice President in investment banking in both Houston and New York. Her corporate finance experience includes mergers, acquisitions and divestment advisory assignments, high yield and leveraged buyout transactions, private and public debt issuance, and equity-related security offerings including MLPs.

Susan received a bachelor’s degree in chemical engineering in 1980 from Villanova and worked as a refining engineer for Exxon until 1983. She received an MBA in Finance from Wharton in 1984 and worked in Mobil’s Treasurers in New York until 1987.

Managed by Raul Coral

This panel has been approved for 1 hours of substantive law CLE credit.

Obstacles to Energy Sector Development: The Emerging Market Story

Many new announcements about significant oil and natural gas discoveries are coming from emerging regions of the world, both with respect to economic development and development of their energy sector. The availability of basic resources in these markets, at least relative to developed markets, such as capital, experienced investors, practiced regulators, capable engineers and managers, rigs, and transport infrastructure, is low. We will speak with investors, operators, and service providers to energy companies working in emerging markets who will elucidate these challenges and discuss short and long-term developments to solve these deficits.

Speakers:

Kamal Dorabawila - Principal Investment Officer, IFC (Moderator)

Kamal Dorabawila

Kamal Dorabawila

Principal Investment Officer, IFC (Moderator)

Kamal Dorabawila is a Principal Investment Officer in the Global Oil & Gas Division of IFC, the private sector arm of the World Bank Group, which promotes development in emerging markets. In his current role he has managed project and corporate finance transactions as well as private equity investments covering upstream oil & gas, LNG, onshore/offshore oil services and oil & gas pipelines, and he currently leads the IFC Global Oil & Gas Division’s activities for Africa and Asia. Having joined IFC in 1999, prior to his current assignment, Mr. Dorabawila worked in IFC’s Infrastructure Department covering power generation, electricity distribution, and rail & air transport services projects. He received his bachelor’s degree from the Wharton School of Business at the University of Pennsylvania and also has an M.Sc. in Electrical Engineering from the Engineering School of the same University.

Paul Clifford - Director, Regional Head of Project & Export Finance - Americas, Standard Chartered Bank

Paul Clifford

Paul Clifford

Director, Regional Head of Project & Export Finance - Americas, Standard Chartered Bank

Paul joined Standard Chartered Bank (SCB) in January 2005 following SCB's acquisition of Australia and New Zealand Banking Group Limited’s (ANZ) Project Finance business in the Middle East, South Asia, Africa, Europe and the Americas. Paul oversaw and led the negotiations with SCB in connection with the acquisition of ANZ’s Americas project finance practice and team. He is currently the Regional Head for Project & Export Finance in the Americas responsible for originating and executing oil and gas, energy, mining and metals and renewable energy financings in the Americas.

Prior to joining SCB, Paul spent thirteen years with ANZ, the last eight as a Director in the New York based project finance team working on originating and executing renewable energy, power, oil & gas and mining/resource project finance mandates in the Americas and Asia. Prior to joining ANZ bank in 1991, he worked for a number of years with Allied Irish Bank in New York.

Paul has a Bachelors Degree and a Masters degree with honors in Economics and Mathematics from University College, Cork, Ireland and an MBA from Columbia University, New York.

Michelle Haigh - VP, Conduit Capital

Michelle Haigh

Michelle Haigh

VP, Conduit Capital

Michelle Haigh is a Vice President at Conduit Capital Partners, sourcing, evaluating and executing new investment opportunities for the Latin Power Funds. Michelle joined the firm in 2007 from Goldman, Sachs & Co.'s Public Sector & Infrastructure Banking group, where she served infrastructure clients in the Commonwealth of Puerto Rico and State of New York. She started her career at SJF Ventures, a venture capital fund that invests in companies with both strong financial growth and positive community impact. Michelle has extensive experience working in Latin America in a volunteer capacity, including for Fundación Pro-PAPA in Honduras and TechnoServe in Perú. Michelle holds an MBA from The Wharton School of the University of Pennsylvania and a BS in Economics and Political Science from the University of Pittsburgh. She is fluent in Spanish and Portuguese.

Johan Pfeiffer - Vice President of Global Surface Wellhead, FMC Technologies

Johan Pfeiffer

Johan Pfeiffer

Vice President of Global Surface Wellhead, FMC Technologies

Johan Pfeiffer is Vice President of Global Surface Wellhead for FMC Technologies Inc.

Prior to assuming this role in June 2010, Mr. Pfeiffer was the General Manager for Subsea activities in Europe, Africa, and the Common Wealth of Independent States (CIS), as well as Managing Director of FMC Kongsberg Subsea AS since 2007.

Mr. Pfeiffer also draws upon leadership expertise gained from global management positions held with the company including General Manager for FMC Technologies Surface business in the Americas, Director of Subsea Customer support based in Bergen, Norway, and General Manager Surface Latin America based in Caracas, Venezuela. He joined the company in 1993 as a Business Analyst in Philadelphia.

Mr. Pfeiffer is a graduate of the Swiss Institute of Technology where he received a degree in Material Sciences. In 1993, Johan earned a Master’s Degree in International Studies from the University of Pennsylvania’s Lauder Institute and an MBA from the University of Pennsylvania’s Wharton School.

Ryan Turner - Director of Finance & Treasury, Kosmos Energy

Ryan Turner

Ryan Turner

Director of Finance & Treasury, Kosmos Energy

Mr. Turner is the Director of Finance & Treasury for Kosmos Energy. He is the company’s Treasurer and head of Corporate Finance and is responsible for the Treasury, Corporate Planning, Finance, and Insurance groups. At Kosmos, Mr. Turner has led over $4.0 billion of successful financing transactions for the company in the Project Finance, corporate lending, private equity, and public equity markets. Prior to joining Kosmos Energy, he worked in the Global Energy Group of the Investment Banking Division at Citigroup Global Markets where he was involved in various financing and M&A transactions for oil & gas clients. He has a Bachelor of Science degree in Economics and History from Duke University.

Managed by Jack McCambridge

Alternative Energy

The alternative energy track will explore key trends in solar energy, opportunities in grid storage, and innovations in building energy efficiency.

Solar Energy: Opportunities and Constraints

Regulation around the world has driven the application of solar power to date. It has created many opportunities for small-scale entrepreneurs and large corporations. These investments are now driving efficiencies and price reductions across the industry. What has our reaction been to regulation and what have we learned? How do we plan to capitalize on the recent price reductions? Why is the industry landscape shifting towards larger corporation through M&As?

Speakers:

Carrie Cullen Hitt - President, The Solar Alliance

Carrie Cullen Hitt

Carrie Cullen Hitt

President, The Solar Alliance

Carrie Cullen Hitt serves as President of The Solar Alliance, a trade organization of thirty-four companies engaged in the manufacture, design, installation and financing of solar electric generating products and services. The Solar Alliance works with sate administrators, legislators and utilities to establish cost-effective solar policies and programs.

Prior to joining the Solar Alliance Ms.Cullen Hitt served as Vice President, Renewable Products for Constellation Energy. In this role, she developed programs and capabilities to help customers manage their business’ impact on the environment through greenhouse gas reducing activities, including purchasing renewable power. She also served as Vice President of Government and Regulatory Affairs from 2002–2007. From 1999–2001, she worked at Green Mountain Energy Resources as Director of Regional Business Development. She has also held energy related positions at the Massachusetts Legislature and Harvard University.

She holds an undergraduate degree from Clark University and an MA from the School of Advanced International Studies of Johns Hopkins University.

Jay McKenna - Manager of Business Development, K Road Power LLC

Jay McKenna

Jay McKenna

Manager of Business Development, K Road Power LLC

Mr. McKenna is Manager of Business Development at K Road Power LLC. K Road is an independent power developer focused on developing, financing, owning and operating utility-scale solar projects in the southwest of the United States. Today K Road has 11 power projects at various stages of development totaling 2,300 MWs. At K Road, Mr. McKenna performs a range of business development activities including M&A, strategic planning, transaction structuring, power pricing, and is leading greenfield development for over 150 MW of solar PV facilities located in southern California.

Prior to joining K Road, Mr. McKenna was the Director of Principal Investments at C-Quest Capital, LLC, a renewable energy and carbon finance investment firm based in Washington, D.C. Prior to C-Quest, Mr. McKenna was a member of the the Global Commodities Principal Investments group at Goldman Sachs where he focused on the traditional and alternative energy sectors. Before joining Goldman, Mr. McKenna was an analyst in the Energy and Utilities Investment Banking Group at Credit Suisse.

Mr. McKenna graduated from Duke University with a B.A. in Public Policy and a B.A. in International Studies.

Ross Rosenberg - Vice President, Corporate Development, First Solar

Ross Rosenberg

Ross Rosenberg

Vice President, Corporate Development, First Solar

Ross is Vice President of Corporate Development at First Solar (Nasdaq: FSLR), where he leads the company’s global strategic transaction function including responsibility for M&A strategy and identification, evaluation, negotiation and integration of all acquisitions, joint ventures and strategic investments. In the last 4 years, First Solar has completed 7 acquisitions, 1 joint venture and 1 Series D investment in a strategic partner.

Prior to First Solar, Ross held several executive management roles at Danaher (NYSE: DHR), including P&L operating responsibility for a $500 million global business as well as VP, Marketing for a $1 billion division and Group VP, Strategy and Business Development, where he executed several billion dollars of acquisitions. Prior to Danaher, Ross led corporate development at Zebra Technologies (Nasdaq: ZBRA), where he founded and built the M&A function and led the company’s expansion into on-demand digital photo printing and radio frequency identification (RFID).

Prior to his corporate development experience, Ross was an investment banker in the Mergers & Acquisitions group at Merrill Lynch and started his career at PricewaterhouseCoopers where he conducted buy-side due diligence and valuation for corporate and private equity clients.

Ross holds an MBA from The Wharton School at the University of Pennsylvania and a BS in Accounting (and CPA) from University of Illinois.

Raymond S. Wood - Managing Director and Co-Head, U.S. Power Group and The Global Alternative Energy Group

Raymond S. Wood

Raymond S. Wood

Managing Director and Co-Head, U.S. Power Group and The Global Alternative Energy Group

Raymond S. Wood is a Managing Director and Co-Head of both the U.S. Power Group and The Global Alternative Energy Group in the Investment Banking division, based in New York.

Over his twenty year career, Mr. Wood has assisted clients on several noteworthy strategic transactions and financings, a number of which have been awarded “Deal of the Year” honors. He has transaction expertise across the spectrum of M&A, initial public offerings, leveraged finance, structured finance, commodities and privatizations. Selected noteworthy transactions include the following:

  • Private Equity Raise for Invenergy Wind LLC
  • Sale of Airtricity North America and Airtricity Holdings
  • Initial public offering of Iberdrola Renewables and Enel Green
  • Lead Manager for several wind power portfolio capital market financings including for Next Era and Terra-Gen
  • Sale of ECP portfolio companies: First Light (hydro) and Next Light (solar)
  • As well as multiple financings and advisory work for First Wind, Boston Gen and Calpine

Mr. Wood holds an M.B.A. from The MIT Sloan School of Management and a B.A. from Dartmouth College.

Managed by George Georgiopoulos and Omar Ahmad

This panel has been approved for 1 hours of substantive law CLE credit.

The Future of Grid Storage

How are grid storage facilities enhancing renewable energy returns and providing utilities cost savings? How has the Smart Grid spurred investment in grid storage facilities and how will it do so in the future? Which battery technology will make the widespread grid storage a reality? Globally, where has grid storage enjoyed the most success? This panel of grid storage experts will answer these questions and more at this year's Wharton Energy Conference.

Speakers:

Michael R. Danziger - Director, Smart Grid Practice, Deloitte Consulting LLP (Moderator)

Michael R. Danziger

Michael R. Danziger

Director, Smart Grid Practice, Deloitte Consulting LLP (Moderator)

Michael Danziger is a Director in the Energy and Resources Practice, focusing on Utility Companies. Mr. Danziger is considered a thought leader in the areas of Smart Grid and Smart Metering technology implementation and integration. Mr. Danziger brings significant experience in the delivery of complex projects under significant personnel, cost and schedule challenges. He has proven leadership and team-building skills with a personal commitment to serve as a trusted advisor while solving business problems. Mr. Danziger recently complete work with an IOU awarded $200 Million through the DOE Smart Grid Investment Program. The Grant has allowed the utility to move forward with efforts in condition-based monitoring, feeder segmentation, electric vehicles, residential program development, distribution system demand response, and OEVC analytics engine. Mr. Danziger recently participated on a panel on the Smart Grid at the Midwest Energy Forum at the University of Chicago Booth School Of Business. Mr. Danziger is a PMP and member of the Project Management Institute, and Certified IT Architect. He received his undergraduate degree, Masters in Computer Science, and MBA from Boston University.

Walter Czarnecki - Manager of Corporate Strategy, Ener1

Walter Czarnecki

Walter Czarnecki

Manager of Corporate Strategy, Ener1

Walter Czarnecki serves as Manager of Corporate Strategy at Ener1, Inc., a maker of lithium-ion energy storage solutions for the transportation, grid, and military segments. He is responsible for business development, M&A, strategic partnerships, and corporate finance. Walter manages Ener1’s joint venture with China’s largest auto parts supplier Wanxiang, as well as Ener1’s initiatives with V2G, secondary use, and battery leasing.

Prior to Ener1, Walter served on the Corporate Strategy team for Gamesa Energy and previously spent four years in Beijing where he led the Clean Technology team for China Renaissance Partners, a Chinese investment bank.

Walter began his career at Lehman Brothers Investment Banking in New York. He holds an MBA in Finance from the Wharton School and an MA in International Studies with a focus on Mandarin and East Asian Studies from the University of Pennsylvania. He graduated Phi Beta Kappa from Bucknell University with degrees in Economics and English.

Eric Stallings - Vice President of Development, Xtreme Power

Eric Stallings

Eric Stallings

Vice President of Development, Xtreme Power

Eric Stallings is Vice President of Development at Xtreme Power, where he is responsible for covering the Northeast markets associated with the deployment of Xtreme Power’s utility-scale energy storage technology. Prior to joining Xtreme Power, Mr. Stallings worked for PPL EnergyPlus, LLC. Mr. Stallings has approximately 20 years of experience in the energy sector, with companies such as Calpine, Conectiv Energy Supply, Inc., CMS MS&T, Constellation NewEnergy, Unitil Service Corp. and the Burlington Electric Department serving in various roles from wholesale origination, structuring and pricing, power supply management, demand-side management and other commercial roles.

Mr. Stallings holds a B.S. in Electrical Engineering from the University of Vermont and a M.S. in Investment Management from Boston University.

Brian Warshay, LEED AP - Research Associate, Lux Research

Brian Warshay, LEED AP

Brian Warshay, LEED AP

Research Associate, Lux Research

As Research Associate, Brian contributes to the Smart Grid and Grid Storage Intelligence practice at Lux Research. He works with companies to provide insight into the future technologies, policies, and strategies that will be instrumental in the transition to more flexible electricity grid infrastructure.

Prior to joining Lux Research, Brian worked at Malcolm Pirnie Inc. as an environmental consultant, focusing on solid waste management, waste-to-energy, landfill gas-to-energy, environmental permitting, and green building strategies for municipal clients.

Brian completed his Master’s Degree in Engineering Systems and Management at the Masdar Institute in Abu Dhabi, UAE. His thesis was to perform a life cycle assessment of a novel saltwater biofuel production system designed for implementation in coastal deserts. Brian also holds a B.S. in Natural Resources as well as a B.S. in Environmental Engineering Technology from Cornell University.

Managed by Pete Allen

This panel has been approved for 1 hours of substantive law CLE credit.

Building Energy Efficiency

The focus on energy efficiency and sustainability has led to business opportunities in the building materials, construction and software space. Surveys show that energy efficient buildings (e.g. LEED certified buildings) achieve higher rents and valuations than conventional structures, but investors, contractors and developers remain skeptical about new materials/technology, particularly in such a litigation-prone industry. Panelists with entrepreneurial, policy, corporate and technology backgrounds will discuss the current business environment and business opportunities, as well as how to break into and succeed in the world of building energy efficiency space.

Speakers:

Andrew Burr - Director, Institute for Market Transformation (IMT)

Andrew Burr

Andrew Burr

Director, Institute for Market Transformation (IMT)

Andrew Burr is director of the Building Energy Rating Program at the Institute for Market Transformation, where he provides technical guidance to policy makers and government agencies, outreach to the real estate and utility sectors, and advocacy for legislative and regulatory policy. He is advising local governments and federal agencies on the design and implementation of building energy performance policies and has presented on disclosure policy and energy codes throughout the United States and in Europe and China. He has co-authored papers on building labeling with the New York City Mayor’s Office and the China Ministry of Housing.

Andrew was previously a reporter and senior editor with CoStar Group, an international commercial real estate information firm, where he launched and managed the company's editorial coverage of energy and sustainability issues in 2007. His articles have been independently reported on by the New York Times and BusinessWeek Online. Andrew received a bachelor's degree in political science from Bucknell University.

Ghazal Badiozamani - Director of Planning, Solidia Technologies

Ghazal Badiozamani

Ghazal Badiozamani

Director of Planning, Solidia Technologies

Ghazal is the Director of Planning, primarily responsible for business modeling and forecasting as well as acting as the lead on Solidia’s government grants and programs. She brings with her extensive experience in financial analysis as well as global program development and implementation.

Most recently, Ghazal helped incubate Hara Software, a fast-growing cleantech company based in Silicon Valley. She also worked with the CalPERS Alternative Investment group to assess their $1.2 Billion cleantech portfolio.

She spent eight years at the United Nations developing and implementing energy, transport and climate change mitigation projects in Asia and Latin America and mediating global negotiations on environmental issues. She has published peer-reviewed articles on urban public transport, forest management and payments for environmental services.

Ghazal completed an undergraduate degree from Stanford University, an MSc from the London School of Economics and an MBA from The Wharton School, University of Pennsylvania. She also sits on the Boards of three non-profit organizations, providing relief in Haiti, preventing HIV infection in NYC and creating tools enabling access for the disabled.

Michael LoCascio - Senior Manager Scouting and Strategy, BASF Future Business

Michael LoCascio

Michael LoCascio

Senior Manager Scouting and Strategy, BASF Future Business

Michael LoCascio is a Senior Manager of Scouting and Strategy for BASF’s Future Business Group. Presently, Michael is responsible for developing the licensing and acquisition strategy to expand BASF’s footprint in the healthcare sector. Prior to joining BASF, Mr. LoCascio was a Senior Analyst at Lux Research, a technology advisory and market research firm focused on emerging technology sectors, where he started and led teams investigating Solar technology, Green Buildings, Water Technology, and the Smart Grid. Mr. LoCascio was also the founder and CTO of a nanotechnology start-up that developed and commercialized applications of quantum dots in the areas of life science, solid state lighting and displays, and solar energy conversion and was a research engineer at Lockheed Martin in the area of naval nuclear reactors.

Mr. LoCascio holds a Bachelor of Engineering degree in Engineering Physics and a Masters degree in Electrical Engineering from Stevens Institute of Technology.

Govi Rao - President and Chief Executive Officer, Noveda Technologies

Govi Rao

Govi Rao

President and Chief Executive Officer, Noveda Technologies

Govi Rao is currently the President and Chief Executive Officer of Noveda Technologies, a leader in energy and water monitoring solutions, based in Branchburg, NJ. Most recently, he served as a Partner in Pegasus Sustainable Century Merchant Bank, leading the energy efficiency practice. Govi is the former Chairman and Chief Executive Officer of Lighting Science Group Corporation, a leading LED lighting Solutions Company. He was instrumental in envisioning and establishing Lighting Science as an innovative pace setter in the emerging LED lighting space.

Govi’s previous roles include VP & GM of Philips Solid State Lighting, North America and VP of Business Creation for Philips Lighting. His experience includes several leadership roles with specialty chemicals manufacturer, Rohm and Haas Company (now part of Dow Chemical), where he was responsible for Innovation, Business Development and Strategic growth.

Govi is a passionate champion of sustainability and has testified in front of the U.S. Congress on climate change and intellectual property. He is a founding member of the Institute for Sustainable Enterprise at Fairleigh Dickinson University and is also on the board of directors of the New Jersey Technology Council and the advisory board of the Rutgers University Department of Chemistry and Chemical Biology.

Managed by Michael Lim

This panel has been approved for 1 hours of substantive law CLE credit.

Regulatory, Policy and Finance

The regulatory, policy and finance track will delve into the most relevant energy policy issues in the United States, China and Latin America as well as explore investing opportunities across the energy spectrum.

The Future of US Energy Policy

Decades of experience have shown that the market has not and almost certainly will not internalize the true social costs of carbon. With this in mind, the future of the low-carbon energy industry will be dependent on an effective collaboration between business and government. This panel will explore:

  1. A Clean Energy Standard: President Obama called for 80% of the nation’s electricity to come from clean energy sources by 2035. Relative to policy measures like renewable portfolio standards, how would a clean energy standard affect utility purchasing behavior? How does it stand to alter the clean energy investment landscape?
  2. Low Carbon Energy Price Support: The sharp drop off in renewable energy industry growth observed on the three occasions when the Investment Tax Credit (ITC) and the Production Tax Credit (PTC) lapsed clearly shows that the renewables industry is far from achieving true cost competitiveness. How should lawmakers be thinking about price support policies for low carbon energy going forward and what can we learn from experiences abroad?
  3. The Future of Transmission Build Out: With significant geographic distance between high output renewable sources and load centers, transmission build out and upgrades will be key in supporting further integration of renewables.

Speakers:

Kenneth M. Kulak - Partner, Energy Practice, Morgan Lewis (Moderator)

Kenneth M. Kulak

Kenneth M. Kulak

Partner, Energy Practice, Morgan Lewis (Moderator)

Kenneth M. Kulak is a partner in Morgan Lewis's Energy Practice. Mr. Kulak represents energy companies in regulatory proceedings, including ratemaking, and in transactional matters. His transactional practice is focused on renewable energy and he has advised clients on the development and negotiation of power purchase agreements, renewable energy credit contracts, EPC and O&M agreements, and the purchase, sale, and financing of renewable energy projects. Mr. Kulak advises utilities on renewable portfolio standard compliance and procurement design, and also counsels clients on retail electricity markets, energy efficiency, and demand response programs.

Prior to joining Morgan Lewis, Mr. Kulak worked as a trial attorney in the Civil Division of the U.S. Department of Justice in Washington, D.C., where he represented the United States in contract and employment law cases. His experience includes trial and appeal of complex contractual disputes involving finance, accounting, and federal taxation. From 1994 to 1996, Mr. Kulak served as a law clerk to Judge Raymond J. Broderick of the U.S. District Court for the Eastern District of Pennsylvania.

Mr. Kulak is a graduate of the University of Pennsylvania Law School, where he is now a lecturer in law and teaches a seminar on energy law and climate change.

Mr. Kulak is admitted to practice in Pennsylvania.

Bryan K. Mignone - Senior Policy Advisor, U.S. Department of Energy, Office of Policy and International Affairs

Bryan K. Mignone

Bryan K. Mignone

Senior Policy Advisor, U.S. Department of Energy, Office of Policy and International Affairs

Bryan Mignone is a senior policy advisor in the Office of Policy & International Affairs at the U.S. Department of Energy. In this role, he leads the domestic portfolio within the Office of Climate Policy and advises senior leadership on a range of energy and environmental issues. Prior to serving in the Obama Administration, Mignone worked on the majority staff of the U.S. Senate Committee on Energy and Natural Resources. Between government roles, he was a fellow and research director at the Brookings Institution, where he focused on the design of market-based environmental policy and on broader energy security topics. Mignone was awarded a Ph.D. in geosciences from Princeton University, a graduate certificate in science, technology and environmental policy from the Woodrow Wilson School of Public and International Affairs, and an A.B. in physics and philosophy from Cornell University.

Dr. Susan Tierney - Ph.D., Managing Principal, Analysis Group

Dr. Susan Tierney

Dr. Susan Tierney

Ph.D., Managing Principal, Analysis Group

Dr. Tierney, a Managing Principal at Analysis Group, is an expert on economics, regulation and policy in the electric and gas industries and utility sector. She previously served as the Assistant Secretary for Policy at the U.S. Department of Energy, and held Massachusetts Secretary for Environmental Affairs, Commissioner at the Department of Public Utilities, Chairman of the Board of the Massachusetts Water Resources Authority, and executive director of the Massachusetts Energy Facilities Siting Council. She recently chaired the Massachusetts Oceans Advisory Commission and co-chaired the Department of Energy Agency Review Team for the Obama/Biden Presidential Transition Team. Dr. Tierney has authored numerous articles and speaks frequently at industry conferences. She is a member of the energy project of the Bipartisan Policy Center, chairs the board of the Energy Foundation and the advisory council of the National Renewable Energy Lab, serves on the Secretary of Energy Advisory Board’s shale gas committee, and recently chaired the Policy Subgroup of the current National Petroleum Council’s study of the North American natural gas resource base. She is a director of the World Resources Institute; Clean Air Task Force; Clean Air — Cool Planet; and EnerNOC, Inc. She has taught at the University of California at Irvine and at MIT. She earned her Ph.D. and M.A. degrees in regional planning at Cornell University and her B.A. at Scripps College.

Adam S. Umanoff - Partner, Akin Gump Strauss Hauer & Feld LLP

Adam S. Umanoff

Adam S. Umanoff

Partner, Akin Gump Strauss Hauer & Feld LLP

Adam Umanoff co-chairs Akin Gump’s global project finance and renewable energy practice. Mr. Umanoff’s practice focuses on the development, financing, operation, disposition and acquisition of renewable energy projects and renewable energy companies. He represents project sponsors and developers, lenders, equity investors, manufacturers, technology companies and other participants in the sector and has substantial experience in the wind, solar and geothermal industries.

During 2010, Mr. Umanoff served as lead counsel on three of the largest renewable energy projects in the world, two of which won “Deal of the Year” honors from Project Finance and Project Finance International. He has been recognized as among California’s Top 100 Lawyers and Top 25 Clean Tech Lawyers, and is one of only six attorneys in the United States recognized by Chambers and Partners in Band 1 for renewable energy projects.

Prior to joining Akin Gump, Mr. Umanoff was a partner at several international law firms; an independent renewable energy consultant; and senior vice president, general counsel and secretary (1994-1999), managing director, Americas (1999-2000) and president and CEO (2000-2002) of Zond Corp./Enron Wind Corp.

Mr. Umanoff is a member of the American Bar Association, Business Law Section and the Los Angeles County Bar Association. He received his B.S. from Cornell University in 1980 and his J.D. in 1983 from Columbia Law School, where he was editor of the Columbia Journal of Environmental Law, a Harlan Fiske Stone Scholar and the recipient of the Wertheimer Prize in Labor Law..

Managed by Mars Hanna and Jonno Boyer-Dry

This panel has been approved for 1 hours of substantive law CLE credit.

Energy Policy in Europe and Emerging Markets

A number of countries have taken initiatives to reduce their carbon impact as they strengthen their position as major global economies. These countries have adopted policies, incentives, and financing mechanisms in order to foster development of cleaner power generation and to maximize the efficiency of their citizens’ electricity consumption. This panel will explore several key topics:

  1. Global Energy Policy Frameworks: The first period of commitment for the Kyoto protocol expires in 2012 and the future of global emissions standards is uncertain. What will be the future enforcement mechanisms? What is the future of CDM? What are the World Bank, IMF, and/or UN, doing to facilitate these efforts?
  2. Energy Policy in China: China has adopted policies to foster development of clean energy sources and is a leader in total MW of renewable energy installed as well as in renewable energy equipment manufacturing. How can this model be replicated in developing economies? What is the key to China’s success?
  3. Energy Policy in Europe: Europe has historically been world the leader in renewable energy, especially as it relates to policy. What is the future of renewable energy in Europe, given that the market is now largely saturated? How will the Eurozone Debt crisis affect the renewable energy landscape?

Speakers:

Natalia Olson-Urtecho - Founder, President & CEO, EG LLC (Moderator)

Natalia Olson-Urtecho

Natalia Olson-Urtecho

Founder, President & CEO, EG LLC (Moderator)

Natalia Olson-Urtecho is the founder, President & CEO of Ecolibrium Group LLC (EG), a company dedicated to helping public and private entities become more profitable through environmentally friendly and socially responsible planning and strategies. She has designed several management and development programs to move entrepreneurial clean technology ventures from vision to startup and profitable businesses through management consulting and organizational strategies that drive change. She was appointed by the Secretary of Commerce to serve on the U.S. Innovation Advisory Board. She also serves on the Philadelphia's Urban Sustainability Forum Committee, The Greenwoods Charter School, The Israel American Chamber of Commerce Clean Technology Committee, The Pan American Board of Directors and the Greater Philadelphia China Center for Culture and Commerce advisory board. She chaired the World Green Energy Symposium Planning Committee for 2 years, served on the Wharton/UPENN Initiative for Global Environmental Leadership Faculty Advisory Board for 3 years and is one of the founding members of The China Partnership of Greater Philadelphia and The Philadelphia Green Economy Task Force. She is also leading the effort for Philadelphia to participate in the US-India-China Integrated Cities for Energy and Environment (Ecopartnership), a DOE initiative to increase collaboration among cities.

Natalia has over 15 years of experience working with international, regional and local entities in the Philadelphia region and abroad in Latin America, Eastern Europe and Asia. Before founding EG she was a Transportation and Land use Planner at the Delaware Valley Regional Planning Commission and was the Director of Global Initiatives at H2L2, an architectural and planning firm with projects in 42 countries. Previously before coming to Philadelphia she worked for the U.S State Department in Budapest, Hungary, on NATO accession, international policies, environmental issues, science & technology property rights, infrastructure development and served as Chief of Protocol.

Olson-Urtecho was appointed by Mayor Nutter to serve on the Philadelphia City Planning Commission and Zoning Code Commission from January 2008 to August 2010, where she served as the Vice-chair of the Zoning Code Commission. She led the most extensive civic engagement and community outreach program and made it her priority to create balance between development, design and public input for a new zoning code and a new comprehensive city plan which had not been updated in over 60 years. She is also a guest lecturer at the University of Pennsylvania and Temple University.

She has professional and personal experience in international collaboration, commercialization of clean technologies, environmental planning, sustainable building, zoning, land use, transportation, public engagement and infrastructure policies and development. She has made it her priority to grow the green economy, increase energy efficiency, innovation and entrepreneurship, improve community engagement, build smart & sustainable communities and facilitate international business development in the Greater Philadelphia region. Natalia is a mentor for GreenStart, a San Francisco startup accelerator for cleantech companies, the Philadelphia Latina Leadership Network and Women of ALPFA, the largest Latino association for business professionals.

She received the Business Journal 2010 Minority Business Leader Award and in 2009 received the Women of Distinction Award for all her work towards building a green economy. She has lived in 7 countries and she speaks Spanish, French and Portuguese. Natalia holds a Masters in City and Regional Planning from the University of Pennsylvania, School of Design and a BS in Political Science with a minor in economics from Northeastern University.

Graham M. Pugh - Team Lead, International Climate Activities, Department of Energy, Office of Policy and International Affairs

Graham M. Pugh

Graham M. Pugh

Team Lead, International Climate Activities, Department of Energy, Office of Policy and International Affairs

Graham Pugh serves as Team Lead for International Climate Activities in the U.S. Department of Energy (DOE), where much of his focus is on implementing the U.S.-led initiatives under the Clean Energy Ministerial. Graham’s prior international work includes coordinating the international efforts of the DOE Office of Energy Efficiency and Renewable Energy and serving in the Office of Global Change at the Department of State, where he was a member of the U.S. delegation to meetings of the United Nations Framework Convention on Climate Change and the Intergovernmental Panel on Climate Change.

In the domestic context, Graham served as Deputy Associate Director for Climate and Energy at the Council on Environmental Quality in the Executive Office of the President, where he focused on energy resources, technology commercialization and financing. His prior domestic work in DOE involved leading analytical efforts to plan and coordinate Federal actions to develop and commercialize technologies to address climate change.

Before coming to Washington, Graham was employed by Intel Corporation for eleven years, where he focused on new technology development and international technology cooperation, including assignments to two international semiconductor research consortia. He made the transition to government service in 2004 as a recipient of a Diplomacy Fellowship from the American Association for the Advancement of Science.

Graham holds bachelors and masters degrees in physics and engineering, both from Cornell University. He was a Peace Corps Volunteer in Kenya, teaching science and mathematics in rural secondary schools.

Truman Semans - Principal, GreenOrder

Truman Semans

Truman Semans

Principal, GreenOrder

Truman Semans is a principal at GreenOrder, an LRNcompany. GreenOrder is a strategy and management consulting firm that helps companies gain competitive advantage through environmental innovation.

Truman has worked for 16 years advancing sustainability through business strategies, government policies and programs, and technology investments.

Until recently, he served on the Executive Committee of the U.S. Climate Action Partnership, a CEO-led coalition of corporations and NGOs working with Congress to pass federal climate policies. At the Pew Center on Global Climate Change from 2005 to 2008, Truman directed the Business Environmental Leadership Council (BELC), growing it to 45 member companies with $2.8 trillion in market capitalization, the largest U.S. business association dedicated to climate solutions. Prior to that, Truman worked as a consultant at McKinsey & Company, served as the U.S. Treasury’s International Economist on energy and environment, and worked in private equity and senior management with companies in information technology, energy and cleantech.

Truman has a Masters with Distinction from Johns Hopkins’s School of Advanced International Studies, and an MBA and BA from Duke University, where he was student body president. He sits on several boards including of the National Climate Trust, Duke University’s Nicholas School of the Environment, and the Chesapeake Bay Foundation Advisory Council.

Heidi Werntz - Senior Attorney, Federal Energy Regulatory Commission

Heidi Werntz

Heidi Werntz

Senior Attorney, Federal Energy Regulatory Commission

Heidi Werntz is a Senior Attorney at the Federal Energy Regulatory Commission (FERC), Office of General Counsel, responsible for authoring decisions on major litigated matters. In addition to her advisory duties, she recently assisted the Commission negotiate a memorandum of understanding between FERC and the National Energy Administration of the People’s Republic of China, which will provide a foundation for cooperation and exchange on issues of common interest to both agencies. Prior to joining FERC, Heidi was Counsel at Preston Gates and Huber Lawrence & Abell, from 2000-2004; and an associate at Skadden 1994-2000. She clerked for the Hon. Diane Weinstein at the Court of Federal Claims.

She has an A.B. from Brown (History and Chinese, 1985); a Master’s from Yale (East Asian Languages and Literature, 1989); and a J.D. from Catholic University Columbus School of Law (1992). Her awards include a Rotary Fellowship and the John H. Fanning labor law writing prize. Heidi was honored to participate in the Yale Climate and Energy Institute’s First Annual Conference in 2010 (her panel focused on providing incentives for constructing transmission for renewable resources). Her most recent publication is: Heidi Werntz, Let’s Make a Deal: Negotiated Rates for Merchant Transmission.

Managed by Mars Hanna and Jonno Boyer-Dry

This panel has been approved for 1 hours of substantive law CLE credit.

Energy Private Equity and Venture Capital

The primary focus of panel discussions will be the role of private equity and venture capital in addressing some of the main challenges that the energy industry faces: (a) addressing the shift in energy mix in developed economies and (b) supporting the growing energy demand in developing markets. The panel will explore current opportunities in new technologies, operating companies, and existing assets. Attention will be paid to the availability of funds, the roadblocks to funds deployment, and the current status of traditional exit paths.

Speakers:

Zaid Ashai - Clean Technology Investments, Point Judith Capital (Moderator)

Zaid Ashai

Zaid Ashai

Clean Technology Investments, Point Judit Capital (Moderator)

Zaid focuses on Clean Technology investments including the Firm’s investments in Earth Aid, Nexamp and Power Assure. Prior to joining Point Judith, Zaid worked at Good Energies, a global Clean Technology venture capital firm beginning in 2007 and in that role spent the majority of his time focused on investments in next generation technologies in energy efficiency. He led investments in Nexamp (a leading provider of renewable energy solutions in New England, which was co-led by Point Judith Capital), 3Tier (leading provider of renewable energy forecasting and assessment software), Emergence Bioenergy (a developer of alternative energy solutions for low-income and developing countries) Everpower (leading wind power producer) and Kalpan (an independent hydro producer in India). While at Good Energies, Zaid was elected a Kauffman Fellow. Zaid has been a board member or observer to Earth Aid, Nexamp, 3TIER, Kalpan Hydro, and Emergence Bioenergy.

He joined Good Energies from HarbourVest Partners, a global private equity firm based in Boston, MA. As an associate at HarbourVest, Zaid completed early stage and growth equity investments in the technology sector. He had board level responsibilities on Intertrade Systems, Trellix Networks, Moai Technologies, and Network Engines. Before joining HarbourVest Partners, he was an investment banking analyst in Credit Suisse’s Technology Group.

Zaid holds an MBA from the Harvard Business School and an MPA from the JFK School of Government at Harvard University. At Harvard University, Zaid was selected as a Zuckerman Fellow. He has an AB in International Relations and Economics, with honors and Phi Beta Kappa, from Brown University.

Zaid has served as a judge and mentor for the New England Cleantech Open and has served as guest faculty member for the Pennsylvania Power Law Conference hosted by the Pennsylvania Bar Institute.

Edward T. Bialas - Director, First Reserve Corporation

Edward T. Bialas

Edward T. Bialas

Director, First Reserve Corporation

Edward T. Bialas, Director, joined First Reserve in 2003 as an Associate and returned to First Reserve as a Vice President in 2007 after earning his M.B.A. His responsibilities range from deal origination and structuring to due diligence, execution and monitoring, with particular focus on the equipment, manufacturing and services sector.

Before joining First Reserve as an Associate, Mr. Bialas was an Analyst at UBS Investment Bank in the Financial Sponsors Group.

Mr. Bialas holds an A.B. in Economics from Dartmouth College and an M.B.A from Harvard Business School.

Lachlan McLean - Principal, US Renewables Group

Lachlan McLean

Lachlan McLean

Principal, US Renewables Group

Mr. McLean is a Principal based in Los Angeles whose responsibilities include new business development, investment analysis and execution, portfolio oversight, and fund raising. Before joining USRG, Mr. McLean worked in project management and marketing at Bloom Energy, a venture-backed distributed power generation company. Mr. McLean’s prior investment experience includes forming, raising, and investing a private equity fund within Thomas Weisel Partners’ Asset Management group focused on distressed investments in energy technology, software, and communications companies. Mr. McLean began his career in the investment banking industry at both Barclays Capital and Thomas Weisel Partners providing financing and advisory services.

Mr. McLean in active in the management and boards of Oski Energy and Novo Development Company and leads USRG’s business development efforts in numerous sectors including solar, waste-to-energy, geothermal, and energy agriculture. Additionally, Mr. McLean manages USRG’s international business development efforts in both developed and emerging markets.

Mr. McLean holds an MBA from The Wharton School at the University of Pennsylvania and a BS with University Honors from Carnegie Mellon University.

Bruce Schulman - Managing Director, NGP Energy Technology Partners

Bruce Schulman

Bruce Schulman

Managing Director, NGP Energy Technology Partners

Profile coming soon.

Lucius H. Taylor - Vice President, Arclight Capital

Lucius H. Taylor

Lucius H. Taylor

Vice President, Arclight Capital

Mr. Taylor joined ArcLight in 2007. He has 12 years of experience in energy and natural resource finance and engineering. Prior to joining ArcLight, Mr. Taylor was a Vice President in the Energy and Natural Resource Group at FBR Capital Markets where he focused on raising public and private capital for companies in the power and energy sectors. Mr. Taylor began his career as a geologist and project manager at CH2M HILL, Inc., a global engineering, construction, and operations firm.

Mr. Taylor earned a Bachelor of Arts in Geology from Colorado College, a Master of Science in Hydrogeology from the University of Nevada, and a Master of Business Administration from the Wharton School at the University of Pennsylvania.

Tucker Twitmyer - Managing Director, EnerTech Capital

Tucker Twitmyer

Tucker Twitmyer

Managing Director, EnerTech Capital

Tucker has been investing in energy and clean energy companies and projects for 10 years. Tucker covers the alternative energy (solar, wind, and algal fuel), oil and gas, and smart grid and energy efficiency sectors.

Prior to EnerTech, Tucker was a co-founder and Managing Director of Katalyst LLC, a private equity services firm and a Senior Manager at Andersen Consulting, now Accenture. Tucker began his career in finance and IT operations with MultiServ, a provider of material handling and recycling services to the steel industry.

Tucker currently sits on the boards of OwnEnergy and Tangent Energy Solutions. He previously sat on the boards of Enerwise and FuelQuest and was an observer to Comverge and Altela. He is a member of the CleanTech Venture Network Advisory Board and former co-President of Wharton Private Equity Partners.

Tucker received a BA in Political Science from the University of Pennsylvania and an MBA from the Wharton School of the University of Pennsylvania.

Managed by Marco Gatti

This panel has been approved for 1 hours of substantive law CLE credit.

Innovation Series

Our Innovation Series will address cutting edge topics in energy in a somewhat different format than traditional panels. Our Cleantech Entrepreneurship and Electric Vehicle panels will have three industry leaders give a ten minute presentation followed by ten minutes of Q&A. The Wharton Alumni panel, will challenge three distinguished Wharton alums with questions aiming to ‘connect the dots’ regarding the future of energy.

Pushing Boundaries: Cleantech Innovation and Entrepreneurship

How do clean technology companies bring innovations to market? Join us to learn about the technologies and businesses of MyEnergy and General Compression, two leading-edge, VC-backed companies that are revolutionizing how we manage and store energy. Then, get the investor/incubator's perspective on making clean tech businesses succeed from Rich Germain, Manager of alternative energy investing at ConoccoPhillips. Topics to be covered include founding a clean tech company, technology commercialization, fundraising, and the challenges and opportunities posed by strategic partnerships.

Speakers:

Ben Bixby - Co-Founder and CEO, MyEnergy

Ben Bixby

Ben Bixby

Co-Founder and CEO, MyEnergy

Ben Bixby is CEO of MyEnergy (formally Earth Aid), a venture-backed cleantech startup that has developed disruptive energy tracking technology and that is leveraging that technology to power the world’s first universal rewards program for saving energy. MyEnergy furnishes a free “Mint.com for energy” at MyEnergy.com that the New York Times has called a great way to “squeeze more information out of your utility bill,” and MyEnergy technology now powers innovative performance monitoring programs for the U.S. Green Building Council, Virginia’s Energy Sense campaign, and many more.

Ben personally coded the original MyEnergy prototype and is now charged with steering MyEnergy’s growth as the company prepares to launch its next-generation platform. Ben is a graduate of Georgetown University, where he co-founded STAND: an international advocacy network of students for the plight of the people in Darfur - a role that has been chronicled in Don Cheadleʼs recent bestseller Not On Our Watch. Ben’s work with STAND and MyEnergy has been recognized with many awards, including JCPA’s Tikkun Olam Award, the Sustainable Brands New Venture Award, and the Web 2.0 Expo Launch Pad Award..

Rich Germain - Manager of Alternative Energy, ConocoPhillips

Rich Germain

Rich Germain

Manager of Alternative Energy, ConocoPhillips

Richard Germain is the manager of Alternative Energy for ConocoPhillips, where he is responsible for developing the company’s strategy and managing its commercial activities in alternative energy, including its participation in pilot projects, commercial investments, and equity investing.

Germain has 25 years of business, strategy and technology development experience in electric generation, transmission, renewable energy, and alternative fuels. He joined ConocoPhillips in 2007, after serving as a management consultant in the energy practice at Navigant Consulting (NCI). Prior to NCI, he was vice president for Latin America at Coastal Power Corporation, where he had the P/L responsibility for a portfolio of electric power assets with over 1200 MW of capacity. Germain has also held senior project development and management roles in the independent power business and with a start-up solar energy equipment manufacturer.

Germain holds a bachelors degree in environmental science from the State University of New York, and a masters in business administration from the George Washington University.

David Marcus - President & Founder, General Compression

David Marcus

David Marcus

President & Founder, General Compression

As the Managing Partner of Chestnut Capital, David has been an active investor in renewable energy since 2002. His firm has been involved as a partner, investor, or shareholder in six wind development firms, all with successful exits to global energy companies. Chestnut has also invested in several wind energy, green energy, and clean tech entities, including Princeton Power, Fallbrook Technologies, Seahorse Power, Protonex, Metabolix, GreenFuel, Wilson TurboPower, Verdant Power, Aircuity, American Biomass, Cellfor, Lux Research, GrainPro, and Geo2. Chestnut is also an LP in the Mass Green Energy Fund and four energy funds at Carlyle/Riverstone.

David is a Magna Cum Laude graduate of Princeton University, and a founder and former CEO of APEX Property Exchange, a financial services firm founded in 1989 and sold to JPMorgan in 2002. APEX Property Exchange, Inc. is a Qualified Intermediary on Internal Revenue Code Section 1031 Like Kind Exchanges that was started with personal funds. At time of sale, the company had 35 employees and processed more than $25B in transactions per year

David is the President & Founder of General Compression in Newton, MA. General Compression is commercializing advanced compressed air energy storage systems (GCAES™) which transform wind and other intermittent power sources into dispatchable, storable power suitable for peaking, intermediate and baseload generation capacity.

David launched General Compression with institutional, angel and personal investments in 2006.

Managed by Alexander Buell

Electric Vehicles

Electric vehicles appear to be a promising solution to the United State’s transportation woes. In 2009, Obama announced a $2bn stimulus plan to advance battery technologies and another $400mn for building out the infrastructure of EVSE (Electric Vehicle Service Equipment). The IRS and several states have also developed tax incentives for EV purchase. The stage appears to be set for the adoption and deployment of electric vehicles. However, difficulties abound due to high infrastructure costs, battery technology bottlenecks, and limited support from auto manufacturers. How long will it take for 1 million EVs to be on the road in the United States? How will EVs transform the automobile, transportation and energy landscape? What is the role of the various stakeholders, i.e. government and private sector? What are the lessons learned from EV progress now in China and Brazil? This panel will explore three pillars that are shaping the future of the electric vehicle sector: policy, the automobile industry and technology.

Speakers:

Andrew E. Huemmler - Lecturer, Chemical and Biomolecular Engineering, CBE (Moderator)

Andrew E. Huemmler

Andrew E. Huemmler

Lecturer, Chemical and Biomolecular Engineering, CBE (Moderator)

Professor Huemmler was with Exelon and its predecessor, PECO Energy, for 20 years. He started his career at PECO as an energy conservation analyst and finished at Exelon’s Power Team as a senior power transactor buying and selling electricity in wholesale power markets. He was a member of the New England Power Pool’s Transmission Operations Committee and participated in the rulemaking process which created a market-based power pool. Prior to joining PECO Energy, Andy worked in the City of Philadelphia’s Energy Office in the Green administration. He authored an Energy Emergency Operations Plan for the City of Philadelphia and implemented the City’s first neighborhood-based energy education program. Early in his career, Andy also worked for a small hydropower developer and the Philadelphia Water Department.

David Posner - Member, Vehicle Technologies Program, U.S. Department of Energy

David Posner

David Posner

Member, Vehicle Technologies Program, U.S. Department of Energy

David Posner is a member of the Vehicle Technologies Program at the U.S. Department of Energy (DOE), where he works on codes and standards issues related to electric vehicles. He has also served the department as Team Lead for Business Management for the State Energy Program, helping to implement $3.1 billion in Recovery Act grants for energy-efficiency and renewable-energy projects.

Prior to joining DOE, David was employed as a policy advisor for the Energy Security Leadership Council, a group of business executives and retired military leaders working to reduce U.S. oil dependence that was co-chaired by Frederick W. Smith, Chairman, President, and CEO, FedEx Corp., and General P.X. Kelley, USMC (Ret.), the 28th Commandant of the U.S. Marine Corps. In support of the Council, David served as principal researcher and author for policy reports that focused on vehicle electrification, fuel-economy standards for passenger cars and light trucks, and market price dynamics for oil and natural gas.

David holds a Ph.D. in history from Yale University and an M.B.A in finance from The Wharton School of the University of Pennsylvania. He received his B.A. from Cornell University.

R.J. Scaringe, Ph.D. - Founder and CEO, Rivian Automotive

R.J. Scaringe, Ph.D.

R.J. Scaringe, Ph.D.

Founder and CEO, Rivian Automotive

Dr. Scaringe is a lifelong car enthusiast and founded Rivian Automotive with the mission to create ultra- efficient yet exhilarating vehicles through innovation in platform and manufacturing technologies. Dr. Scaringe has extensively studied and/or worked with all aspects of the automotive industry and has a deep knowledge of the operations, manufacturing and engineering portions of the industry.

After graduating first in his class at Rensselaer Polytechnic Institute, Scaringe earned his Ph.D. from Massachusetts Institute of Technology while studying Automotive Engineering and Lean Manufacturing. Dr. Scaringe’s thesis work focused on ultra-efficient automotive powertrain design and included the development of low emission gasoline and diesel engines as well as the complete design, construction and testing of a new type of homogeneous charge compression ignition engine.

While working in MIT’s prestigious Sloan Automotive Laboratory, Scaringe was a member of a research consortium that included top engineers from several major auto companies. Through his research and studies at MIT, Scaringe identified a lack of flexibility in current car manufacturing and engineering systems. The opportunity to address these issues inspired Rivian’s innovative business model and strategy. By completely redesigning the way vehicles are developed and produced, Rivian is able to create affordable automobiles that do not require compromise between exhilarating performance and ultra-high efficiency.

In 2011, the White House recognized Scaringe as a “Champion of Change” for the advocacy and advancement of efficiency in the automotive industry. He was also selected as a State of Florida Entrepreneur of the Year by the Governor’s office. Scaringe actively promotes lean manufacturing and automotive efficiency during lectures and presentations around the country.

Bradley Smith, Jr. - Director, Business Development, NRG EV Services, LLC (eVgo)

Bradley Smith, Jr.

Bradley Smith, Jr.

Director, Business Development, NRG EV Services, LLC (eVgo)

Mr. Smith develops partnerships with automotive and hardware manufacturers involved in electric-drive vehicles and charging to support the development of NRG’s EV infrastructure business, branded eVgo. Previous to his current role, Brad was Global Asset Development and Operations Manager at Shell Hydrogen working with automakers and other stakeholders to develop hydrogen fueling station infrastructure for electric-drive vehicles relying on fuel cells and hydrogen. Brad held several engineering management positions during 25 years at Shell as well as VP, Operations at Royal Landmark Structures, LLC (a Shell Chemical joint venture), marketing and risk management roles. He received his Bachelor of Science in Mechanical Engineering from South Dakota School of Mines & Technology and earned a Professional Masters of Business Administration degree from the University of Houston. Brad is a registered Texas Professional Engineer.

Managed by Stacey Tsai

Wharton Alumni Panel

This panel will deliberately span a broad range of topics. The motivation for the panel is not to dive deeply into any single topic in the energy sector, but rather to ‘connect the dots.’ By drawing on the breadth of perspective of the panelists — each of whom are Wharton alumni immersed in the industry and who have developed thoughtful, opinionated views on energy business and policy — we hope to produce a discussion that integrates many of the topics broached earlier in the Conference and leaves the audience with some educated guesses of how the sector may unfold in the coming years.

Speakers:

Lee Edwards - President & Chief Executive Officer, Virent, Inc.

Lee Edwards

Lee Edwards

President & Chief Executive Officer, Virent, Inc.

Lee Edwards is the President and Chief Executive Officer of Virent. Virent is in the business of replacing crude oil through the application of patented catalytic conversion chemistry to create ‘Drop In’ direct replacement chemicals and fuels.

The development of Virent’s BioForming technology platform is supported through active investors including Cargill, Shell and Honda. Virent’s Bio-gasoline is used by the Scudera-Ferrari Formula 1 race team. The company has also received positive renewable jet fuel test results from the Wright Patterson Air Force base. Virent is also producing renewable para-xylene, a key chemical for the production of PET packaging and polyester fibers.

The company has 115 employees and is based in Madison, Wisconsin and has received numerous honors, including the World Economic Forum Technology Pioneer award and the EPA’s Presidents Green Chemistry Challenge Award.

Lee is Executive Director and Chairman Emeritus Chairman of the Advanced Biofuel Association based in Washington, DC representing 35 member companies engaged in providing alternative transportation fuel technologies to market. The ABFA engages lawmakers to ensure consistent and fair public policies at the state and federal level as the groundbreaking technologies of its member companies accelerate commercialization efforts.

Lee has 25 years of global energy leadership and petroleum industry experience. He was President and CEO of BP Solar, part of BP’s Alternative Energy portfolio with $1 billion in sales. Lee also served as a director for Tata BP Solar, a joint venture in Bangalore, India with Tata Power. Mr. Edwards held a range of executive positions including CIO for BP’s downstream business, President for BP Pipelines North America, and Vice President of BP’s Global Brand where he led the strategy, design, and launch of the current BP brand.

Mr. Edwards is a graduate of the Wharton School (1983) at the University of Pennsylvania where he earned a MBA in Finance. In addition, he holds a BS in Chemical Engineering from Bucknell University and is a graduate of the Stanford University Executive Program.

Natalie Halich - Principal Investment Officer, International Finance Corporation (IFC)

Natalie Halich

Natalie Halich

Principal Investment Officer, International Finance Corporation (IFC)

Natalie Halich is a Principal Investment Officer in the International Finance Corporation’s (IFC) Infrastructure and Natural Resources Equity Group. Ms. Halich has 20 years of emerging markets finance experience, 15 years of which has been focused on equity investments in infrastructure and natural resource companies. Specific sectors of expertise include renewable power generation, power distribution, natural gas distribution and transportation, and metals and mining. Prior to IFC, Ms. Halich was a Director with Enron International, where she focused on corporate acquisitions in the Latin American power and natural gas sectors. She also worked for IFC in the early 90s advising governments on privatization in Eastern Europe. Ms. Halich received her MBA from the Wharton School of Business (1995) and her BA from the University of Michigan.

Chris Tynan - Assistant Director of Project Finance, Summit Power Group

Chris Tynan

Chris Tynan

Assistant Director of Project Finance, Summit Power Group

Chris is an investment professional in the energy and power industry, specializing in financing complex and emerging energy technologies with unique commodity risks. He currently serves as the Assistant Director of Project Finance for the Summit Power Group. In that role, he is a key member of the team responsible for placing debt and equity commitments for the $2.5 billion Texas Clean Energy Project, an advanced coal gasification plant that will be the first commercial scale project in the US to sequester 90% of CO2 emissions. Notably, all CO2 captured from the project has been sold for use in Enhanced Oil Recovery. Prior to his work with Summit, he has worked for AES Corp. and Verdeo Group. Chris holds an MBA in Finance from the Wharton School and a BSc with Honours in Philosophy and Economics from the London School of Economics. While at Wharton, Chris held internships with Energy Investors Fund and Hudson Clean Energy Partners and was President of the Wharton Scotch Club. He lives in Washington DC with his newlywed wife, also a Wharton MBA.

Managed by Michel Di Capua

Platinum Sponsors

Exelon FMC Technologies
Morgan Lewis Tudor, Pickering, Holt & Co., LLC

Gold Sponsors

BASF Chevron Shell

Silver Sponsors

ConocoPhillips Deloitte ExxonMobil Intiative for Global Environmental Leadership Range Resources

Bronze Sponsors

Choose PA Wind Credit Suisse Goldman Sachs
J.P. Morgan

Media Sponsors

Greentech Media Hart Energy OnGreen Skipso Solarplaza TriplePundit