PRESS RELEASE: Brownell and Schmidt Launch New Business Venture

April 15, 2009

For immediate release
April 15, 2009

Electricity Policy Experts Launch Consulting Firm
To Provide Guidance as Industry Confronts Fundamental Change

Alexandria, VA – ESPY Energy Solutions, LLC is a new consulting practice designed to help navigate the shifting waters as state and federal policymakers promote sweeping changes in the way U.S. consumers purchase and use electricity.

Co-founders Nora Mead Brownell and Kristine Schmidt have more than 50 years of regulatory, legislative, operational, strategic planning and marketing expertise in the energy industry.  Together, they offer unique capabilities and insights to clients, whether utility companies, new technology providers or investors developing new corporate strategies, reorganizing their businesses, or otherwise making investment decisions for the new economy and an increasingly green-focused world.     

“ESPY Energy Solutions is founded on the belief that the energy industry is poised for fundamental change,” Brownell, a former state and federal utility regulator, explained.

“We will advise clients confronting changes in operations, financial investment and recovery, and customer interaction due to an increasing national emphasis on renewable energy resources and energy efficiencies, recent advances in the Smart Grid value chain, and the vast improvements in the economics and capabilities of energy-related technologies,” added Schmidt, an energy policy expert and energy industry veteran.

Brownell and Schmidt have proven track records, deep alliances and networks, and solid foundations of experience to collaborate and deliver salient, valuable, and actionable strategies and solutions to your business challenges.

Brownell’s tenure at the Federal Energy Regulatory Commission demonstrated her commitment to fostering competitive markets in the public interest. Prior to FERC, she served on the Pennsylvania Public Utility Commission when it opened the state’s retail market to competition. Ms. Brownell sits on the boards of boards of ONCOR, Comverge, Leaf Clean Energy Company, and Spectra Energy Partners.  She also serves as a member of the GridWise Architecture Council.

Schmidt’s expertise ranges from utility operations to energy marketing to transmission infrastructure to business development.  As an energy policy expert and utility veteran, Ms. Schmidt’s accomplishments include launching and profitably growing new products and new businesses, institutionalizing sustainable growth in business ventures, and achieving positive regulatory outcomes.

ESPY Energy Solutions offers personal and tailored energy and technology consulting services for your business and investment strategies.  For more information about ESPY Energy Solutions, LLC, visit www.espyenergysolutions.com or call 703-647-6209.