Founder Profile

Ryan
Hanley

Founder & CEO  ·  Equilibrium Energy

The power grid runs on fragmented data, siloed systems, and software that predates the iPhone. Ryan Hanley spent nearly two decades inside that machine - at PG&E, SolarCity, Tesla, and Shell - and then built what he couldn't find anywhere: an AI operating system for the power industry.

Agentic AI Clean Energy Founder Series B Grid Technology
Ryan Hanley, Founder and CEO of Equilibrium Energy

Ryan Hanley  ·  San Francisco, CA  ·  2024

From the Grid's Edge to the Grid's Brain

A civil engineer who left Ireland with a master's degree and landed at Berkeley for an MBA does not usually end up as one of the more consequential people in American energy. Ryan Hanley did. And the path was direct, if not obvious: every stop along the way was a different layer of the same broken machine.

He came to the power industry through infrastructure, not ideology. After Hopkins for his BS in civil engineering, he pursued graduate work at Trinity College Dublin, returned to the States, and pointed himself at the one sector where physical systems and software hadn't yet collided the way people expected. He was right about the timing by about a decade. The collision is happening now.

At PG&E, he led smart grid technology - deep in utility territory, where change moves like sediment. SolarCity brought him into the distributed side, the rooftop-solar-meets-grid edge that was rewriting the load profile of California. Then Tesla acquired SolarCity in 2016, and Hanley was already in the building. He moved to director of grid services, working on battery integration and wholesale market operations - the commercial layer that sits between raw electrons and real money.

"Built for Power people, by Power people."

- Equilibrium Energy Company Tagline

The sequence mattered. Each transition took him closer to the systemic problem: the power industry runs its most important decisions across 30-year-old tools, Excel spreadsheets, and systems that don't talk to each other. At Advanced Microgrid Solutions, where he served as Chief Product Officer, Hanley saw what it looked like to try to bolt software onto the grid's edge. At Shell, where he spent three years as a General Manager building a digital and AI platform for global power operations, he saw it from the oil-major perspective - the scale, the complexity, and the organizational inertia.

He left Shell in 2021 to start Equilibrium Energy. Not because the moment felt right, but because he'd run out of positions inside existing institutions that could address what he'd identified. The problem wasn't any single company's problem. It was the industry's.

The company he built operates on two tracks simultaneously - and the dual nature is not accidental. Equilibrium is a software company building PowerOS, an agentic AI platform for enterprise power portfolios. It is also an energy asset operator, running batteries in ERCOT and California that generate real revenue in wholesale markets. The batteries aren't a side business. They're a proving ground: Equilibrium eats its own cooking. In 2024, their 1-hour battery in Texas earned more revenue per MW than any comparable asset in ERCOT. The platform they built to manage it is the same platform they sell.

PowerOS tackles what Hanley calls "connective intelligence" - unifying the data, models, and workflows that a power company actually uses into a single coherent AI layer. Forecasting. Optimization. Risk analysis. Trader copilots. Portfolio management. The first major enterprise deployment was NRG Energy - one of the largest power companies in the US - which came in as both a production customer and an investor in the Series B2 round in March 2025. The vote of confidence had skin in it.

The funding trajectory tells its own story: $30M Series A from Breakthrough Energy Ventures in 2022, $39M Series B led by DCVC in October 2024, $28M Series B2 led by GS Energy in March 2025. Over $100M raised. A strategic partnership with a leading global commodities trading house announced in April 2026. The company now has 140 people and is operating across ERCOT and California with eyes on broader expansion.

Hanley has taken the thesis to high-visibility stages - CERAWeek, Aspen Ideas Climate, Climate Week NYC alongside DCVC and J.P. Morgan. The argument is consistent: the power system is under unprecedented demand stress, the tools to manage it haven't kept pace, and agentic AI is the mechanism that can actually close the gap. Not eventually. Now.

His specific credibility is unusual. Most AI founders in energy are coming from software. Hanley came from the grid. He knows the models - physical modeling, power system analytics, enterprise risk - that operators actually trust. He knows why they don't share data across business units. He knows what a trader copilot needs to do to be useful on a Monday morning. PowerOS was designed from that knowledge inward, not from a demo outward.

The equilibrium the company name references is a technical term: the real-time balance between supply and demand that keeps the lights on. Hanley chose it deliberately. That balance is always being negotiated, always imperfect, always under new pressure. The company's bet is that AI can negotiate it better - and that the power industry is ready to let it try.

What PowerOS Actually Does

PowerOS™
  • AI Agentic AI layer that connects enterprise data, models, and systems across power portfolios
  • Enterprise agents & trader copilots for real-time portfolio decisions
  • Core services: optimization, forecasting, and risk analysis built on physical power models
  • Integrates with existing power company systems - no rip-and-replace
  • EQ Mission Control: flagship portfolio management software launched March 2025
  • Live in production at NRG Energy for enterprise portfolio management

The power industry's software problem is not a lack of data - it's fragmentation. Every function runs its own tools. The model used for forecasting doesn't talk to the model used for dispatch. Risk analytics live in a separate silo from portfolio construction. The result is an industry managing trillion-dollar assets through systems that could not clear a modern software audit.

PowerOS is Hanley's answer: a connective intelligence layer that sits above the existing infrastructure and unifies it. Not replacing the physical models that operators trust - those took decades to build - but wiring them together into a coherent AI system that can act, optimize, and adapt in real time.

The April 2026 partnership with a global commodities trading house extends the platform into AI-native power trading strategies, moving PowerOS from portfolio management into active market operations. Hanley's claim is that the power industry needs more than a new UI. It needs a new operating system. PowerOS is that bet.

"NRG is a leader in harnessing innovation on behalf of its customers. We are proud to contribute to NRG's continued efforts."

- Ryan Hanley

Inside Every Layer of the Grid

2000 - 2004
BS Civil Engineering
The Johns Hopkins University
2004 - 2006
MS Civil Engineering - studied abroad in Ireland, beginning an international focus on infrastructure
Trinity College Dublin
2009 - 2011
MBA - sharpened the business lens on energy markets and strategy
UC Berkeley, Haas School of Business
~2011 - 2013
Strategy consulting with energy sector clients
Bain & Company
~2013 - 2015
Head of Smart Grid Technologies - deep inside the utility world, early distributed energy work
Pacific Gas & Electric (PG&E)
~2015 - 2016
VP of Grid Engineering Solutions - distributed solar meets grid integration
SolarCity
2016 - 2017
Director of Grid Services - battery grid integration and wholesale market operations post-Tesla acquisition of SolarCity
Tesla
2017 - 2018
Chief Product Officer - led software strategy for distributed energy systems
Advanced Microgrid Solutions
2018 - 2021
General Manager - built digital and AI platform for global power operations at a major oil company
Shell
2020 - 2024
Advisory Board Member - contributed to energy policy and education
Pacific Energy Institute
2021 - Present
Founded Equilibrium Energy - building PowerOS, the agentic AI platform for the power industry
Equilibrium Energy (Founder & CEO)
Oct 2024
Closed $39M Series B; NRG Energy goes live with PowerOS; California battery market entry
Equilibrium Energy
Mar 2025
Raised $28M Series B2; launched EQ Mission Control platform
Equilibrium Energy
Apr 2026
Strategic partnership with global commodities trading house for AI-native power trading strategies
Equilibrium Energy

Capital Behind the Conviction

Series A  ·  2022
$30M
Led by Breakthrough Energy Ventures
Bill Gates's climate fund backed the vision before PowerOS had a production customer - a signal the market read loudly.
Series B  ·  Oct 2024
$39M
Led by DCVC
Closed alongside NRG Energy partnership announcement, California market entry, and record ERCOT battery performance. Valo Ventures and Breakthrough participated.
Series B2  ·  Mar 2025
$28M
Led by GS Energy
NRG Energy came in as an investor alongside its production customer relationship. Launched simultaneously with the EQ Mission Control software platform.

What He's Proven

Best-performing 1-hour grid-scale battery in ERCOT Texas in 2024 - more revenue per MW than any comparable asset in the market.
🤝
NRG Energy - one of the US's largest power companies - deployed PowerOS in production and subsequently invested in Equilibrium's Series B2.
💰
Raised over $100M across three rounds in three years, backed by DCVC, Breakthrough Energy Ventures, GS Energy, and NRG Energy.
🌊
Expanded from Texas ERCOT into California energy markets in July 2024 with a 40MW/40MWh battery asset - operational within the same fiscal year as Series B close.
🎤
Speaker at CERAWeek, Aspen Ideas Climate Conference, and Climate Week NYC - positioned as a leading voice on AI and the future of the power grid.
🔗
Built a digital and AI platform for Shell's global power operations (2018-2021) before founding Equilibrium - the institutional proof of concept for PowerOS.
"The power industry manages trillion-dollar assets through systems that haven't kept pace with the demands of a modern grid. Agentic AI can close that gap - not eventually. Now."
- Ryan Hanley, Founder & CEO, Equilibrium Energy

Built for Infrastructure

The Johns Hopkins University
BS, Civil Engineering
Class of 2004
Trinity College Dublin
MS, Civil Engineering
2004 - 2006  ·  Dublin, Ireland
UC Berkeley, Haas School of Business
MBA
2009 - 2011  ·  Berkeley, CA

The Specifics

01
Hanley's company name is a technical reference, not a metaphor. "Equilibrium" in power systems is the real-time balance between generation and load that prevents blackouts. The name is a design choice by someone who knows exactly what it means.
02
He was at SolarCity before Tesla acquired it in 2016 - meaning he was already inside both companies at the moment of merger. He saw the transaction from the inside, which is a different kind of M&A education than any MBA provides.
03
Equilibrium's own batteries in Texas outperformed every comparable asset in ERCOT in 2024. The company operates as its own first customer - running live assets on the same AI platform it sells to enterprises like NRG.
04
He studied in Dublin at Trinity College - one of Europe's oldest universities - before pivoting to a US business school and then into utility-scale energy. Civil engineering to MBA to AI founder is not the most common path in either direction.
05
Breakthrough Energy Ventures - Bill Gates's climate fund - backed Equilibrium at Series A in 2022, then participated again in the Series B. That's not a coincidence; it's a signal of sustained conviction from one of the most selective energy investors operating.
06
The April 2026 partnership with a global commodities trading house is the clearest signal yet that PowerOS is moving from portfolio software into active trading - turning an enterprise data platform into market infrastructure.
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