On Feb 8th, 2022, Dartmouth Energy Alliance hosted its first ever career panel with young alumni working in the energy industry. Reaching out to the DEA alumni network three years in the making, we were fortunate to bring three alumni, Meghan Duff ‘15, Stewart Wood ‘18, and Jordan Swett ‘19, to our students on campus via Zoom. Meghan works as an R&D project associate at Association for Energy Affordability Inc. Stewart is an investment associate at Copenhagen Infrastructure Partners. And Jordan Swett, one of the founding members of the DEA, is a senior finance associate at Sunwealth. Working in different parts of the renewable energy supply chain, our three panelists brought diverse perspectives into the discussion.
From an equity investor perspective, Stewart spoke about the cutting edge of energy infrastructure development and technologies that worldwide investments are chasing after, including offshore wind, energy storage, and data center. Besides being a traditionally safe asset class that generates steady cash flows, he says, renewable energy projects are providing competitive returns, mostly thanks to policy support including ITCs and PTCs.
Similar policy support can be found in the renewable energy technology R&D investment and buildings energy efficiency improvement efforts, Meghan said. That support, however, varies drastically between states. California, for example, is funding a lot of research and buildings retrofit projects to achieve the emission reduction goal it set for itself. For Meghan, the public sector is the driving force behind the clean energy transition and an area she encourages students to consider as young professionals.
Combining experience in both project development and project finance, Jordan gave an overview of the renewable energy supply chain. He walked us through the competing interests and different considerations coming from investors, project developers, utility companies, grid operators, and regulators. He talked about recent developments in each area and encouraged students to explore different industries within the renewable energy space.