Hartford Business Journal

10 Hartford Business Journal • September 16, 2019 • www.HartfordBusiness.com Source: ISO New England CELT (Capacity, Energy, Loads and Transmission) report. (a) Generator information as of April 1, 2019. —Compiled by Stephanie R. Meagher. THE LIST Largest power generators in Connecticut Ranked by summer generating capacity in megawatts FOCUS government, according to Battista. Daniel Ingevaldson, whose Atlanta venture capital firm TechOperators led Polarity's latest $8.1 million Series AA funding round, views the company as "a bet on the human knowledge worker." Although the startup has found a niche with cybersecurity workers, Ingevaldson says its technology can be useful in any business setting where employees must synthesize large volumes of information, such as a call center or healthcare system. Even with the rise of artificial intel- ligence, he said, there are still tens of thousands of human analysts doing jobs that AI can't do, and won't be able to do for many years. "I look at Polarity as human aug- mentation technology. It makes the people doing these front-line jobs dealing with massive amounts of in- formation more effective," he said. Eric Abbruzzese, an analyst for market advisory firm ABI Research, said interest in AR technology has been rising in the business world, where it's being used mostly to enhance employee training. While Polarity is a little different, he also sees its potential, particularly if the company decides to extend its technol- ogy to smart glasses and mobile phones. "They could be building a founda- tion that transitions very nicely into the market we cover," he said. Battista said Polarity is focused on desktop computers because that's where most of its enterprise customers are working. But he said it could branch out into goggles and smartphones in the future, especially if the company decides to make a go at the consumer market. "We think the headsets are bulky and kind of challenging right now, but as they come along in the future, we're trying to build the platform in a way that will support that," he said. For the short term, Battista is con- centrating on building his team and growing his customer base, which cur- rently leans heavily toward Fortune 500 companies. One priority is to make the software more accessible for smaller firms with- out a dedicated IT department. The company is developing a hosted version of its software that can be used without an on-site server, Battista said. And while the startup currently has office space through an investor in Washington, D.C., Battista hasn't ruled out expanding in Connecticut if he finds the right talent here. "Our mentality is typically to hire the best people, wherever they might be," he said. Largest power generators in Connecticut (Ranked by summer generating capacity in megawatts) Rank Generator (a) Summer generating capacity in megawatts Winter generating capacity in megawatts Fuel type Alternate fuel type Owner Date in service 1 Millstone Point 3 Waterford 1,220.13 1,233.63 Nuclear None Dominion Energy Marketing Inc. 04/01/86 2 Millstone Point 2 Waterford 852.96 859.04 Nuclear None Dominion Energy Marketing Inc. 12/01/75 3 Kleen Energy Middletown 620.00 620.00 Natural gas Distillate fuel oil Tenaska Power Services Co. 07/11/12 4 Bridgeport Harbor 5 Bridgeport 484.30 0.00 Natural gas Distillate fuel oil PSEG Energy Resources & Trade LLC 06/24/19 5 Bridgeport Energy 1 Bridgeport 468.18 577.13 Natural gas None Emera Energy Services Subsidiary No. 5 LLC 08/01/98 6 Montville 6 Montville 405.05 400.40 Residual fuel oil None NRG Power Marketing LLC 07/01/71 7 Middletown 4 Middletown 399.92 402.00 Residual fuel oil None NRG Power Marketing LLC 06/01/73 8 Bridgeport Harbor 3 Bridgeport 383.43 382.53 Subbituminous coal None PSEG Energy Resources & Trade LLC 08/01/68 9 CPV Towantic 1A Oxford 378.91 424.62 Natural gas Distillate fuel oil Consolidated Edison Energy Inc. 06/01/18 9 CPV Towantic 1B Oxford 378.91 424.62 Natural gas Distillate fuel oil Consolidated Edison Energy Inc. 06/01/18 11 New Haven Harbor New Haven 346.79 439.59 Residual fuel oil Natural gas PSEG Energy Resources & Trade LLC 08/01/75 12 Milford Power 1 Incremental Milford 270.87 295.65 Natural gas None Dynegy Marketing and Trade LLC 02/12/04 13 Milford Power 2 Milford 266.67 289.71 Natural gas None Dynegy Marketing and Trade LLC 05/03/04 14 Lake Road 3 Dayville 266.41 278.05 Natural gas None Dynegy Marketing and Trade LLC 05/22/02 15 Lake Road 2 Dayville 261.74 276.77 Natural gas None Dynegy Marketing and Trade LLC 05/15/02 16 Lake Road 1 Dayville 256.34 291.96 Natural gas None Dynegy Marketing and Trade LLC 05/15/02 17 Middletown 3 Middletown 229.91 233.03 Residual fuel oil Natural gas NRG Power Marketing LLC 01/01/64 18 Middletown 2 Middletown 117.00 120.00 Residual fuel oil Natural gas NRG Power Marketing LLC 01/01/58 19 Waterbury Generation Facility Waterbury 89.54 98.75 Natural gas Distillate fuel oil Waterbury Generation LLC 05/21/09 20 Montville 5 >> Man & Machine continued We believe the CTC can and should be part of this new model for innovation and industry growth in the tech sector. Q. What are your main priorities and goals at the CTC? A. Throughout my discussions with leadership from our member compa- nies I consistently hear that they want help finding and developing talented employees, accessing resources for growth, and connecting with poten- tial clients/customers. Therefore, that list must be front and center for us. The question is: How can CTC best deliver for our members, especially in the context of this alphabet soup that exists in Connecticut among busi- ness-related organizations? I believe collaboration and partnerships are critical, not only for organizations like ours, but for companies and employ- ees. It must be easier for them to con- nect with resources and each other and it's our job to put the acronyms aside and make that happen. Q. What are the three major issues impacting the state's tech industry? A. It's been said that the three most important things in real estate are location, location, location. For tech right now in Connecticut, I would argue it is talent, talent and talent. The labor market is tight, and many companies struggle to find skilled workers. Connecticut's workforce is getting older and that's a concern, making it even more important to at- tract/retain workers of all ages. It's important to note that in many ways the state's tech sector is doing very well. Stanley Black & Decker's and Infosys' new Hartford presence are examples of the positive impact tech is having. Q. Did the tech industry score any major legislative victories in the re- cently concluded legislative session? A. The bipartisan effort to ensure all students in Connecticut high schools have access to computer-science class- es represents real progress. Computer science and coding is increasingly the language of our economy and it's im- perative that all students, regardless of socio-economic background or gender, have exposure to this curriculum. Our talented students will be the tech employees of tomorrow and especially considering Connecticut's workforce challenges, this expansion of computer science in our schools is a wise move that will pay dividends down the road. >> Q&A: Derek Slap continued

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