SunCast

372 - A primer on risk management for Renewable Energy, with Lee Taylor, Co-Founder & CEO of REsurety

13 snips
May 20, 2021
Lee Taylor, Co-Founder & CEO of REsurety, shares his journey of transforming risk management in the renewable energy sector. He dives into the origins of REsurety, highlighting the importance of data analysis in navigating energy markets. Taylor discusses innovative insurance products designed for solar and wind projects, ensuring revenue certainty even amid market fluctuations. He also explores the significance of mentorship, contract structures, and upcoming trends in clean energy, providing valuable insights for aspiring entrepreneurs.
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ANECDOTE

Environmental Roots and Data Skills

  • Lee Taylor's environmentalist upbringing influenced his career path.
  • Early jobs in data analysis prepared him for the energy industry's data-intensive nature.
ADVICE

Using Business School for Career Transition

  • Consider business school as a career reset and skill-building opportunity.
  • Focus on gaining industry experience through internships and targeted programs like GE's RELP.
INSIGHT

Renewables Shift Risk Profile

  • Renewables shift risk from fuel costs to volumetric risk (weather).
  • This shift creates opportunities for financial tools to manage revenue certainty.
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