Pat Wood

Sue Tierney

Wood3 Resources, LLC
and Former Chairman, FERC

 

   
Pat Wood, III, an energy infrastructure developer, focuses on clean, competitive power generation, independent power transmission and natural gas facilities.  He also is an independent director of SunPower (NASQAQ: SPWR), a solar technology company based in San Jose, and of Quanta Services (NYSE: PWR), a network construction firm based in Houston.  He is the North American Advisory Board Chairman for Airtricity, an international wind energy firm, and is a business development partner with Hunt Transmission Services.  He has also served as a director for Texas Genco, a competitive power generator.

Wood is the immediate past Chairman of the Federal Energy Regulatory Commission, independent regulator of the nation's interstate pipeline and wholesale electric power industries. During his four years at the FERC, Wood led the response to the 2000-2001 California energy crisis, the bankruptcy of Enron, the significant rise in fuel prices and the 2003 Northeastern power blackout. While doing so, he promoted infrastructure development and well-ordered competitive energy markets.

From 1995 to 2001, Wood chaired the Public Utility Commission of Texas, which led successful efforts to introduce competition and deregulation to the retail electric power and telecommunications industries. The restructured Texas electric market is considered to be the most robustly competitive power market in the country.  Under 1999 state legislation promoted by then-Governor George W. Bush, Mr. Wood and his fellow commissioners developed the Texas Renewable Portfolio Standard, which has led to over 3,300 MW of new wind energy in Texas, now the national leader in wind energy.

Wood has also been an attorney with the Baker & Botts law firm in Washington, D.C. and an associate project engineer with Arco Indonesia in Jakarta. He has a B.S. in civil engineering from Texas A&M University and a J.D. from Harvard Law School. He is active with the Houston World Affairs Council and Cub Scouts.

Wood and his wife Kathleen have four young boys and live in Houston.

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