BOSTON, May 26—PowerOptions, the region’s premier energy-buying consortium for nonprofits and public entities, has announced the addition of Dr. Emily Reichert, Chief Executive Officer of Somerville-based Greentown Labs, to its board.
Reichert, who leads the country’s largest incubator for hardware-focused cleantech startups, represents a further professionalization of the PowerOptions board, which in recent months has brought on an array of talent in the nonprofit, energy and other business sectors.
“We’re excited to have Emily join PowerOptions and help us work to find new ways to collaborate with the local business community to incorporate innovative clean energy solutions into our businesses,” said PowerOptions Board Chair Christine C. Schuster, president and CEO of Emerson Hospital. “Our board is, like the PowerOptions team, second to none and deeply committed to our nonprofit mission.”
Reichert sets Greentown Labs’ strategic direction, focusing on increasing the commercialization of clean and energy efficient technology through entrepreneurship. She also directs Greentown’s efforts to engage new corporate and foundation partners, to expand educational programs for clean technology entrepreneurs and to leverage the local community of investors, universities, government agencies and NGOs striving to build a clean energy future. Most recently, Reichert has focused on Greentown Labs’ expansion efforts and is leading the incubators $11M expansion project within its current neighborhood in Somerville, MA. Reichert envisions Greentown Labs as a global convener of cleantech innovation and believes it will help the Greater Boston area maintain its competitiveness across the cleantech sectors.
Prior to Greentown Labs, Reichert was the Director of Business Operations at the Warner Babcock Institute for Green Chemistry, where she helped grow the company from an angel-funded startup to a sustainable contract R&D business with a mission to minimize environmental impact of chemical processes and products. She has over 15 years of experience serving in R&D, business development and operations leadership roles. Emily holds a PhD in physical chemistry and earned an MBA from MIT.
“I can truly see the impact PowerOptions has on its members, and I’m so pleased to join such a strong and professional board,” said Reichert. “Navigating the constantly evolving energy landscape can be a challenge, and I’m proud to be on the board of such a driven organization that’s committed to helping nonprofits.”
The award-winning PowerOptions is among the largest electricity and natural gas purchasing consortiums in Massachusetts, with roughly $175 million of annual energy commodity purchases and a combined demand for approximately 200 megawatts of electricity and 13 million dekatherms of natural gas usage. Any nonprofit or public institution in Massachusetts may become a member and participate in this collective purchasing effort.