GridPoint Appoints Steve Hauser, Nationally Recognized Leader in Clean Tech and Smart Grid Technologies, as VP Strategy, Utility Division
Also Executive Director of the GridWise Alliance, Hauser is Responsible for Creating New Markets and Partnerships for GridPoint
WASHINGTON - Feb. 15, 2007 - GridPoint, Inc.™, a provider of clean-tech products and intelligent energy solutions for utilities, consumers and businesses, announced the appointment of Steve Hauser, a nationally recognized leader in clean tech and smart grid technologies, as Vice President of Strategy, Utility Division. Hauser, who also serves as Executive Director of the GridWise Alliance, will be responsible for creating new markets and partnerships to accelerate the long-term growth of GridPoint.
“GridPoint is well positioned to be a leader in the utility industry and the emerging smart grid movement,” said Hauser, who in 2002 was featured in MIT’s Technology Review magazine as a pioneer in the electric smart grid revolution. “I am excited to join an executive team with tremendous vision along with an award-winning, revolutionary technology that will transform the way utilities manage and deliver power.”
GridPoint Utility Solution offers an economical, flexible and environmentally beneficial way to improve power management and delivery. Unlike any other technology, GridPoint Utility Solution reshapes the load duration curve (efficiently balancing supply and demand) by deploying stored power during peak periods, reducing customers’ peak loads, optimizing existing base-load generation assets and relieving stress on transmission and distribution (T&D) lines.
By embracing GridPoint Utility Solution, utilities achieve business objectives while assuming a leadership role in environmental stewardship. The distributed and clean nature of the solution enables utilities to rapidly scale their peak power needs while avoiding regulatory and environmental hurdles associated with building new power plants. By optimizing generation and T&D assets, utilities can also reduce carbon emissions and criteria pollutants affecting public health, while conserving fuel, capital and land resources.
Additionally, GridPoint Utility Solution enables a utility to integrate its customers’ renewable energy sources in a utility-controlled manner. Utilities can also offer customers value-added services including a “plug-and-play” design to sell or lease renewable energy systems, UPS-grade backup power, and energy conservation through a customer-controlled Web portal.
“Steve has a wealth of utility industry knowledge and enormous credibility in the emerging smart grid movement,” said Peter L. Corsell, President and CEO of GridPoint. “We look forward to working with him as we enter the next phase of GridPoint’s development during this exciting time in the energy industry.”
Mr. Hauser led the formation of the GridWise Alliance in 2003 to unite companies from across the country that are committed to transforming the nation’s electricity grid by integrating emerging energy and information technologies to generate, distribute and consume energy more efficiently, cleanly and cost-effectively.
GridWise is a major sponsor, along with IBM, of the annual GridWeek event April 23-26 at the Ronald Reagan Building in Washington. Grid modernization leaders will gather to set a common agenda, increase awareness and address policy issues related to smart grid technology deployment. Key stakeholders include utilities, technology and service providers, federal and state officials, electricity consumer groups and media. For more, visit www.gridweek.com
Previously, Mr. Hauser has held various senior management positions at the National Renewable Energy Laboratory, Battelle and SAIC. During his 25-year career, he has served as an advisor to numerous clean energy organizations and is former Chairman of the World Renewable Energy Congress.
About GridPoint
GridPoint's intelligent energy management (IEM) products ensure clean, reliable backup power, increase energy efficiency, and integrate renewable energy. A partner in the ENERGY STAR® program, GridPoint helps home and business owners automatically protect themselves from power outages, manage their energy online and reduce their carbon footprint. GridPoint products also provide a superior set of integrated demand response, energy conservation, and load shaping solutions to utilities, which lower the cost of supplying electricity, reduce consumption, and increase the reliability of the electric grid.
On the Net: www.gridpoint.com
Contact Information
Suzanne Lauer
703.862.3137 or slauer@gridpoint.com
Media Contact
Suzanne Lauer
(703) 862-3137 or
slauer@gridpoint.com