Virginia Lacy is a Principal with the RMI Electricity Practice. She specializes in electric utility resource planning and corporate energy and climate strategy.
At RMI, Ms. Lacy consults with electric utilities, corporations and governments in the development of integrated energy strategies that drive competitive advantage through a portfolio of energy efficiency and renewable energy sources. Ms. Lacy specializes in electricity supply issues, especially variable renewable energy sources and their integration into the grid.
Ms. Lacy manages RMI’s DOE SunShot funded project, Innovative Solar Business Models, which is aimed to partner with key electricity sector actors and pilot-test new solar business models that recognize and create value for multiple stakeholders. As part of this work, RMI is developing the EDGE model, a MATLAB-based simulation tool that incorporates EPRI's Open DSS open source model to comprehensively assess the value proposition of distributed solar PV in different regulatory and utility business model environments. She is a member of the senior team that leads RMI's Electricity Innovation Lab, and is managing eLab’s work in new business models.
Broadly, she has provided quantitative modeling and analysis on a variety of topics including fuel price volatility, energy commodities market trends, and the financial valuation of energy efficiency and renewable energy sources. Ms. Lacy’s corporate clients have included one of the world’s largest mining operations, a major Atlantic oil refiner and two Fortune 500 companies. She managed the analysis of the technical and economic potential of renewable energy for one of the largest electric utilities in US, as well as the supply side research and analysis for an integrated energy strategy for the State of Hawaii.
During her graduate studies at Yale, Ms. Lacy focused in energy policy and investment and served as the co-coordinator of the Yale Climate Initiative, an ongoing effort to recommend and implement greenhouse gas mitigation strategies at the University. Prior to pursuing her master’s degree, she was a research analyst with the Investor Responsibility Research Center (IRRC), a socially responsible investment research firm, where she analyzed the environmental performance of S&P 1500 companies for some of the largest institutional investors in the U.S.
- Master of Environmental Management, Yale University
- Bachelor of Arts, Government, University of Virginia
- Newcomb, James, Virginia Lacy and Lena Hansen. 2013. “New Business Models for the Distribution Edge: The Transition from Value Chain to Value Constellation.”
- Lacy, Virginia. May 2, 2013. “The Calm Before the Solar Storm.”
- Lacy, Virginia and Susan Buller. 2012. “Sustainable Zero Net Energy - Identifying the Essentials for Solutions.” Presented at 2012 ACEEE Summer Study on Energy Efficiency in Buildings, Pacific Grove, CA. August 12-17.
- Newcomb, James, Virginia Lacy et al. 2012.“Net Energy Metering, Zero Net Energy And the Distributed Energy Resource Future Adapting Electric Utility Business Models for The 21st Century.”
- Lacy, Virginia. June 22, 2012. “New Fuel for Reinventing Fire: NREL's Renewable Electricity Future Study.”
- Lacy, Virginia and Victor Olgyay. March 7, 2012. “Zero Net Energy 2.0.”
- Newcomb, James and Virginia Lacy. November 8, 2011. "Debate: Powering the Future vs. Propping up the Past."
- Lacy, Virginia. September 23, 2011. “The Backbone of the Information Economy.”
- Lovins, Amory B. et al. 2011. Reinventing Fire: Bold Business Solutions for the New Energy Era. White River Junction, VT: Chelsea Green Publishing Co.
- Newman, Sam, Stephen Doig, Lena Hansen and Virginia Lacy. 2009. “Accelerating Solar Power Adoption: Compounding Cost Savings Across the Value Chain.” Presented at SOLAR 2009, American Solar Energy Society (ASES) National Solar Conference, Buffalo, NY, May 8-14.
- Datta, Kyle, Joel Swisher and Lena Hansen. 2007. “Valuation of Renewable and Distributed Resources.” Electric Power Research Institute.
- Parker, Nicholas and Anastasia O’Rourke. 2006. The Cleantech Venture Capital Report - 2006: The Inaugural Report Providing Comprehensive Review and Analysis of Cleantech Venture Investment in North America. CleanTech Venture Network.
- Metrick, Craig and Virginia Lacy. 2002. Environmental Performance in Japan: A Survey of Corporate Environmental Reports. Washington, DC: Investor Responsibility Research Center.