Podcast / Audio
Leading Puerto Rico to Electric Resilience
- Jan 24, 2021 2:28 am GMT
A new company is starting a $10.5 Billion rebuild of Puerto Rico's electrical system. In this episode of Grid Talk, host Marty Rosenberg talks with Wayne Stensby who is the President and CEO of Luma Energy. The company is in charge of Puerto Rico's energy transformation after hurricanes devastated the Island's electrical infrastructure.
"It will be more resistive to storms and have fewer outages, but following storms and subsequent outages, it will be able to come back into service more quickly," said Stensby.
He talks about the challenges and opportunities related to taking over from a bankrupt utility in the wake of hurricane destruction. Luma will have accountability for nearly all aspects of Puerto Rico's electrical system. That includes everything from new technology and equipment to customer service.
"It takes investments, and it takes systems, and it takes methodical approach, but it’s
absolutely possible and it’s what people in Puerto Rico deserve and what the economy here frankly requires."
Luma Energy was formed Quanta Services, ATCO, and Innovative Emergency Management to rebuild Puerto Rico's electrical grid.
Mr. Stensby joined ATCO in 1988 and has held a variety of leadership positions, including assignments in Canada, the U.K. and Australia. Most recently, in mid-2019, Mr. Stensby was appointed Executive Vice President, Corporate Development, where he was responsible for the growth of Canadian Utilities’ global portfolio of investments in premier energy infrastructure.
Mr. Stensby holds a Bachelor of Science in Electrical Engineering from the University of Alberta and is registered as a Professional Engineer with APEGA.
Grid Talk is a podcast featuring the leaders and innovators shaping the 21st century grid. Hear the stories—in their own words—of how they are meeting the challenges and transitioning their businesses to operate successfully in a new era of evolving markets, changing regulations, higher customer expectation, increasing cybersecurity threats, demands for cleaner energy sources, growing customer-owned generations and emerging technology. The podcast is part of Department of Energy’s Voices of Experience, an initiative that supports grid modernization by sharing insights, lessons learned and advice on operating in a rapidly evolving industry.
About the Host
Grid Talk is hosted by award winning, energy journalist Marty Rosenberg. For nearly 40 years, Marty has been covering business, energy, finance, and technology. He was the Editor-in-Chief for EnergyBiz from 2004 to 2014. EnergyBiz was an award-winning national publication covering energy and utilities. Marty has been published in multiple media outlets including the New York Times, Huffington Post and USA Today. Marty plugs into the industry knowledge base to deliver critical information about the opportunities and challenges facing utilities today. The result is engaging conversations about modernizing our electric grid.
For more episodes - https://www.smartgrid.gov/gridtalk/
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