Leading Puerto Rico to Electric Resilience

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.