Pat Wood, III
Executive Chairman, Hunt Energy Network (HEN)
Pat Wood, III is an evangelist for a customer-focused power system that is decentralized, dependable, democratized, diverse, decarbonized, and digitalized. Pat and the HEN team are active in the planet’s fastest-transitioning power market (Texas) building a stronger power system with a network of energy storage assets, peaking power plants, and demand-responsive customer-owned generation.
At the turn of the millennium, as Chairman of the Public Utility Commission of Texas, Pat led the regulatory restructuring of the State's utilities into a highly competitive, swift-growing power market that has slashed emissions, expanded infrastructure and kept prices low through its customer-driven model. In the quarter-century since, Texas has become the 6th largest nation in the world in solar, wind and battery capacity, while Texas’ overall power rates have dropped from 33rd cheapest state to 9th cheapest today. With its entrepreneurial energy sector, expanding population, attractiveness to investment and large industrial base, Texas is at the center of the energy expansion.
Pat also chaired the Federal Energy Regulatory Commission where he championed natural gas infrastructure, wholesale power market formation and grid reliability. After his public service, his energy infrastructure activities included public board service (Dynegy, Quanta Services, SunPower, Memorial Resource Development, Spring Valley Acquisition Corp.) and project development (Airtricity, First Wind, Texas Genco, Sharyland Utilities, Xtreme Power, TPI Composites).
Outside of HEN, Pat is presently chairman of Luma, the joint venture operating and rebuilding the Puerto Rico grid. He is co-chair of the Pew Charitable Trusts Distributed Energy Resource Advisory Council, and he is a board director of the Rocky Mountain Institute, PowerHouse Texas, the Energy Leadership Institute and Energy Innovation. He is a Texas A&M Aggie civil engineer (environmental) with a law degree from Harvard. Most importantly, he was lucky enough to get Kathleen Ryder to marry him thirty years ago, and they are the parents of four highly engaged sons.
