NEWS
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Northeast United States Energy Professional Joins N.Y. Power Authority Contact: August 24, 2006 FOR IMMEDIATE RELEASE WHITE PLAINS—Timothy S. Carey, president and chief executive officer of the New York Power Authority (NYPA), Thursday announced that William J. Nadeau will join NYPA as senior vice president, Energy Resource Management and Strategic Planning, on September 12. Nadeau was most recently vice president and chief operating officer of Northeast Generation Services Company, Inc., a division of Northeast Utilities System (NU), Hartford, Conn. “Bill brings a wealth of experience and expertise in a wide range of utility industry disciplines, especially in electric power generation services,” said Carey. “His many leadership roles throughout his career will prove extraordinarily valuable to the Power Authority as we chart a future to help provide clean energy solutions to meet New York’s growing energy demands and for lessening dependence on imported oil.” “It is a privilege to be asked to join the Power Authority, the nation’s largest state-owned electric utility,” said Nadeau. “I look forward to working with NYPA’s many talented professionals, to provide responsible and effective stewardship and management of its varied energy resources.” Nadeau will report to Joseph M. Del Sindaco, NYPA’s executive vice president and chief financial officer. “The Power Authority’s recruitment of Bill Nadeau speaks of its commitment to excellence and for staffing our organization with the most knowledgeable and dedicated professionals for meeting New York State’s energy challenges. I’m looking forward to working closely with Bill and to his significant contributions for the crucial role the Power Authority plays for the state’s electric power system.” As NU’s vice president and chief operating officer, Nadeau was responsible for the utility’s unregulated business for electric power generation and related industrial support services in the northeast United States. At the same time, he held the concurrent positions of president, Northeast Generation Company; vice president, Contracting, for NU’s competitive businesses; and chief operating officer of Select Energy Contracting, Inc., a wholly-owned subsidiary. NU operates New England’s largest utility system, serving close to 2 million electric customers in Connecticut, New Hampshire and Massachusetts, and nearly 200,000 natural gas customers in Connecticut. It is also one of the leading energy marketing firms in New England. Nadeau joined NU in 1980 as an engineer at the Millstone 3 nuclear power plant. He became a senior engineer in Nuclear Engineering and Operations in 1981 and a project manager in Fossil/Hydro Engineering and Operations in 1982. He was promoted to manager—Production Maintenance and Testing in 1991, and to director, Hydroelectric Production, in 1992. In 1995, Nadeau was appointed director, Fossil and Hydro, for NU’s Massachusetts Region. In 1998 he was promoted to vice president, Fossil and Hydro Engineering and Operations, with responsibility for 5,500 megawatts of generation and 1,500 employees in three New England states. In January 1999, he became vice president and chief operating officer of Northeast Generation and in 2004 assumed additional responsibilities for the competitive contracting businesses within NU. At NYPA, Nadeau will be working directly with Robert J. Deasy, senior vice president, Energy Resource Management, to achieve a smooth transition prior to Deasy’s retirement later this year. The Energy Resource Management group is responsible for energy supply planning, fuel planning and operation, New York Independent System Operator market policy, energy market analysis, and generation resource management. Nadeau will also lead the Power Authority’s strategic planning and operations, as the statewide utility identifies paths or strategies corresponding with New York’s dynamic electricity marketplace and for clean, reliable electricity, energy efficiency, and a diversified fuel mix. Nadeau was involved with the development of the Independent System Operator-New England, representing NU for four years on the NEPOOL Market Operations Committee. He is a member of the Edison Electric Institute (EEI) Prime Movers and the Energy Supply Advisory Council. Nadeau was born in Beppu, Japan. He earned a Bachelor of Science in physics from the United States Naval Academy in 1972, a Master of Science in nuclear engineering from Massachusetts Institute of Technology in 1973, and a Master of Business Administration from the University of New Haven in 1985. He completed the Executive Management Program at Penn State University in 1996. From 1972 to 1980, Nadeau served in the United States Navy’s nuclear submarine force, aboard three submarines, culminating with his becoming Chief Engineer of the USS Shark. He is a member of a number of professional, cultural and educational organizations, including the National Physics Honor Society, the Connecticut Chapter of the United States Naval Academy Alumni Association, the MIT Alumni Association, the East Haddam Historical Society, Greater Hartford Arts Council, and the Spinnaker Council of the United Way of Southeastern Connecticut. He also serves on the Advisory Committee for the Connecticut Project to Increase Mastery of Math and Science (PIMMS). Nadeau and his wife, Kathleen, who serves as the controller of E.W. Hannas, a supplier of wood components for various industries, are planning to relocate from Lyme, Conn., to be near NYPA’s administrative office building in White Plains. The Nadeaus have two adult children, Jennifer, a merchandise planning manager at Talbots, and William Jr., a graduate student in clinical nutrition at Boston University. About NYPA: ■ NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA is a leader in promoting energy-efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation’s largest state-owned electric utility, with 18 generating facilities in various parts of the state and more than 1,400 circuit-miles of transmission lines. |
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