Paul Jacob

Paul Jacob is a recognized leader in the U.S. hydropower industry and serves as CEO of Rye Development, a partnership between EDF Inc. and Climate Adaptive Infrastructure—two global frontrunners in utility-scale energy storage.

Rye Development is developing a new generation of closed-loop pumped storage hydropower, the world’s largest, most proven energy storage technology. With a pipeline of projects ranging from 300 to 1,200 megawatts across North America, Rye is advancing transformative energy infrastructure such as the Lewis Ridge Pumped Storage project in Kentucky.

Before leading Rye Development, Paul played a pivotal role at its predecessor, Free Flow Power, and at Edison Mission Energy as President of Edison Mission Marketing and Trading, where he managed an $8 billion portfolio encompassing wind, coal, and natural gas-fired generation. Before that, he helped shape Citizens Energy Company’s energy marketing and trading venture and its electricity marketplace platform.

Paul holds a Bachelor of Fine Arts (BFA) from the Rhode Island School of Design.