Cory Welch

Experience

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  Naval Reactors

  May 1994 - May 1999

  Naval Officer (Lieutenant)

  • Led cross-disciplinary engineering teams who evaluated and provided final approval of contractor proposals regarding the operation and maintenance of the primary fluid systems in nuclear-powered aircraft carriers. Gained consensus through collaborative communication among stakeholders in multiple divisions with many different perspectives, often in a high-pressure, high-risk environment, where meticulous and decisive decision-making was crucial to preventing potential nuclear risks.

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  UTC Power

  Aug 2001 - May 2004

  Program Manager/Project Engineer/Manufacturing Process Improvement Engineer - Automotive Fuel Cells

  • Managed a $30M hydrogen automotive fuel cell engine development program (from late-stage, cutting edge R&D through engineering and manufacturing/delivery).• Oversaw engineering, manufacturing, supply chain, and financial analysis activities to ensure the product was properly priced and delivered on time and within budget to a demanding client (Nissan Motor Company) in a compressed schedule.• Successfully managed the client relationship, which ultimately culminated in a $50M investment in UTC’s intellectual property.• Identified the cause of and developed a solution to a major product quality issue by bridging communication among engineering, manufacturing, and supply chain teams.• Led a team of 30 engineers to develop a fuel cell engine for Hyundai Motor Company.• Streamlined an inspection process, reducing manufacturing part lead time by 50% by applying lean manufacturing and total quality management principles. Show less

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  National Renewable Energy Laboratory

  May 2004 - Dec 2007

  Senior Energy Analyst

  • Analyzed technology performance and simulated market adoption of advanced technology vehicles.• Developed a risk analysis tool to advise the US Department of Energy in research portfolio optimization.

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  Navigant

  Jan 2008 - Dec 2017

  Director/Associate Director/Managing Consultant

  • Built and led a team of 20 modeling staff, growing consulting revenue 25X from $200K/year to over $5M/year (~90% CAGR) in clean technology modeling engagements.• Managed ~30 cross-functional technology consulting projects with budgets ranging from $50K to $2M.• Led business development and proposal activities, presented the firm’s capabilities, negotiated project scope, schedule, and budget, and closed deals.• Developed 15 novel analysis tools leveraged for clean energy technology consulting engagements. Show less

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  Lumidyne Consulting LLC

  Jan 2018 - Nov 2020

  Founder & President

  • Led business development activities and secured ~$1M in consulting contracts.• Developed a novel emerging technology market simulation model combining technology diffusion theory with linear and nonlinear optimization. Licensed this modeling software to Resource Innovations and subsequently joined their firm.• Developed an optimization and risk/uncertainty analysis model used to allocate over $80B of electricity supply and demand resources and investments in the Pacific Northwest.

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  Resource Innovations

  Nov 2020 - now

  Principal

  • Developed market models simulating the economics, business impacts, and adoption of exponentially growing technologies such as solar PV, battery storage, electric vehicles, and other emerging technologies.• Led cross-functional consulting teams to advise the electric utility industry on existing and emerging clean energy technologies.• Managed client relationships, business development, and project management activities, generating over $3M in consulting revenue.• Mentored consulting staff and trained them in modeling methods and applications. Show less