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Jacob Worenklein

Chairman and Chief Executive Officer
USGRDCO

Areas of Expertise:

Energy Economics, Energy Efficiency

Jay has devoted his career to solving major problems in energy and infrastructure. He is CEO of US Grid Company (USGRDCO) and Chairman of Ravenswood Power Holdings, which owns the largest power plant in New York. As CEO of USGRDCO, Jay played a key role in 2016-17 in saving the Fitzpatrick Nuclear Plant in New York from shutdown. He did so by working with the Governor’s Office, Entergy and Exelon, negotiating for USGRDCO to buy the plant from Entergy and lease it to Exelon, and facilitating the sale of the plant by Entergy to Exelon. Jay founded and served from 2003 to 2008 as Chairman and CEO of US Power Generating Company, which owned 5,200 MWs of generating capacity in New York City and Boston, representing 20% of NYC’s capacity and 50% of Boston’s. He is chairman of the Interfaith Alliance, dedicated to safeguarding constitutional rights. He has served as a trustee of the Committee for Economic Development (CED), a member of the Council on Foreign Relations and a board member of Federation of Jewish Philanthropies of New York. Jay has taught classes on ethics and business at Princeton, Yale and NYU. He is a graduate of Columbia and has JD and MBA degrees from NYU.