GLEI Speaker Series - Dr. Philip Farese

Date: 
Thursday, April 23, 2015 - 11:30am - 12:30pm

SPEAKER SERIES 2015


and the Sustainability Alliance present:

Jumping Through the Hoops:
A Journey Through the Clean–Tech Sector

Philip Farese, PhD

No one said that developing and bringing to the world the Next Big Thing would be easy: it starts with a vision… but needs a lot more than that. It requires identifying a technology that promises big things, a product that can deliver on those promises in a low–cost and profitable way, a business model to bring that product to those who can benefit from it, and investors that believe in that vision and have the resources to make it happen

I'll weave this story beginning with a macro view of the building energy space: how to understand the criteria and filters one should apply given the portfolio of technologies available and/or being developed today. I’ll conclude with a candid expose of the path one CTO took to jump through (almost) all the hoops.

This seminar should appeal to faculty striving to improve the impact of their research; students who are budding entrepreneurs, researchers, or analysts; and anyone else interested in hearing one person’s walk through the energy/ clean-tech sector.

Dr. Farese is the Chief Technology Officer and Head of Research and Development at Advantix Systems: a company developing advanced air conditioning systems, a company he has been with since August of 2012. There Dr. Farese led original research and invention; product development and design; and design for reliability and field troubleshooting. With his leadership, Advantix brought to market a liquid-desiccant based air conditioning system offering over 25% reduction in operating cost while requiring no initial price premium and meeting customer requirements for reliability and simplicity of installation.

Prior to joining Advantix, Dr. Farese was a member of the National Renewable Energy Laboratory, where he served as a liaison and adviser to the Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE). He architected a framework to prioritize energy efficiency investments; in August the journal Nature published the findings from his work in an article titled “Technology: How to Build a Low-Energy Future.”

Formerly Dr. Farese was an Engagement Manager at McKinsey & Company where he led consulting teams to solve client problems in the high tech, manufacturing, and energy sectors. While at McKinsey Dr. Farese coauthored the groundbreaking report, “Unlocking Efficiency in the U.S. Economy,” which quantified the potential $1.2 trillion in savings that could be achieved nationally through energy efficiency improvements.

Dr. Farese was a Dicke Fellow and a Fellow at the Council on Science and Technology at Princeton University.

Dr. Farese received a Ph.D, in physics and an M.S. in physics from the University of California, Santa Barbara, as well as B.A.s in mathematics and physics from Cornell University.

Glennan 421
Case Western Reserve University
Cleveland, Ohio 44106