January 18, 2019
FRAMINGHAM — Thomas Feldman didn’t always see his future waiting at the bottom of a dam.
Feldman, CEO of a small startup in Framingham called Power Development International Inc., started his career as an equity analyst for State Street Global Advisors, but grew fascinated by the energy industry.
“I realized quite quickly that there is a lot going on,” he said. “It’s a very dynamic industry, and there’s a tremendous amount of change going on.”
Feldman grew convinced of water’s untapped potential.
“It’s an abundant, untapped resource,” he said. “It’s the largest contributor to our nation’s renewable portfolio mix currently, and there are massive opportunities to increase that capacity at a low cost, and in a way that’s compatible with the environment.”
For conventional hydropower, height is essential. But Feldman and his team propose capitalizing on the last stage in the process, harnessing the fast-moving water that shoots out of the powerhouse to generate additional power before the water rejoins the main stem of the river.