Old Dominion Electric Cooperative (ODEC)
Michael Jesensky is an experienced professional in energy forecasting and analysis with a career spanning over 16 years in various managerial roles. Currently serving as the Manager of Forecasting at Old Dominion Electric Cooperative since April 2017, Michael is responsible for coordinating engineering economic analysis and developing long-term power supply planning and financial forecasts. Prior to this role, Michael worked at Dominion Resources Services, Inc. from September 2007 to December 2016, holding several positions including Manager of Load Research & Forecasting, Project Director for Evaluation, Measurement & Verification, and Director of Demand Side Analysis. Michael holds a Bachelor’s Degree in Electrical Engineering from Virginia Military Institute and a Master of Business Administration (M.B.A.) from Virginia Commonwealth University.
Old Dominion Electric Cooperative (ODEC)
Incorporated in 1948, Old Dominion Electric Cooperative (ODEC) provides reliable, cost-effective, environmentally balanced, wholesale electric services to our 11 member distribution cooperatives in Delaware, Maryland and Virginia. Our core business is generating, purchasing and delivering electricity to our members. ODEC is a not-for-profit generation and transmission cooperative that operates for the benefit of our members, who are our owners. ODEC and our members are each governed by a Board of Directors comprised of representatives elected from and by the respective entity’s total membership. ODEC is a not-for-profit member-owned cooperative and has no capital stock. We follow the 7 principles of cooperatives. Qualifications for membership and the rights and obligations of our members are defined by law and established in the corporate bylaws. ODEC’s power is provided by a combination of owned baseload and peaking power plants that use coal, natural gas and nuclear as their primary fuels, and a purchased power portfolio which includes renewable resource technologies. At ODEC, we are dedicated to being both reliable energy providers and responsible environmental stewards. We work hard every day to support our community while reducing our environmental footprint. Our 11 members provide retail electric service to their member-owners who total more than 550,000 (in terms of meters served) representing a population of approximately 1.2 million. Consumers are located in 70 counties along 59,000 miles of distribution lines that extend from Delaware and Maryland, south across Virginia to the North Carolina border, and from Virginia’s Eastern Shore to the Allegheny Highlands. Our corporate headquarters is located in Glen Allen, Virginia.