Olivine VP a Key Member on Award Winning Community Solar Project

Newly appointed Vice President of Resource Acquisition and Development, Joe Bourg, was a pivotal team member of the SunSmart Ames Community Solar Project which received a Top Project of the Year Award in the elite 2021 Environment + Energy Leader Awards Program. Prior to joining Olivine, Mr.Bourg was the lead consultant to the City of Ames Iowa where he led the program design, solar project siting and conceptual design, and developer selection process. As part of the program design process, Mr. Bourg developed a capacity-based purchasing mechanism, termed Power Packs, wherein program participants would purchase a share of the solar project’s capacity in return for energy billing credits for the next 20 years. Mr. Bourg was also instrumental in the siting of the project, recommending the current project site and size after evaluating over 15 alternative sites, and provided guidance and
assistance in receiving FAA approval for the project as it was sited adjacent to a municipal airport. He also developed the conceptual project design and specifications for the solar plant, and led the RFP development, proposal review and developer selection process.

One of Mr. Bourg’s key contributions to the project was providing his expertise in econometric modeling and development of the distributed solar PV project and program pro formas – which were used to set the size and pricing of the Power Packs for program participants. Mr. Bourg brings this valuation expertise to Olivine where he has led the development of Olivine’s Distributed Energy Resource Valuation Model (DER-VM) which Olivine utilizes to develop program pro formas to inform DER use cases strategies, program design elements, and incentive structures and amounts. The DER-VM has been used to support numerous DER and demand response program designs and customer offerings administered or offered by Olivine, including Olivine’s flagship DER program ClimateResponse™. For more information on Olivine’s DER-VM analysis services or its ClimateResponse program, please contact Mr. Bourg at jbourg at olivineinc.com.