Dr. Browne is President and
Founder of the The Stanton Group. Stanton was founded in 1986 to
develop independent (privately owned) power plants in the USA and to
develop energy technologies. After eight years developing biomass,
waste to energy, and conventional facilities, culminating in a $250
million gas power plant in Florida that subsequently was purchased by
Florida Power, in 1994 Stanton moved its focus to developing energy
projects in the Former Soviet Union and Warsaw Pact (Eastern Europe)
countries.
Today Stanton's major focus in power plant development is a series
of modern facilities using waste gases from steel mills in Eastern
Europe as well as modernization of the coal-fired power sector in the
region. These facilities provide considerable savings in the use of
conventional fuels, significant environmental improvements, and
substantial capture and displacement of carbon dioxide emissions. Now
Stanton is developing a program to finance and construct similar
facilities based upon the large streams of carbon credits created by
these new power plants.
Stanton's energy technology manufacturing program has brought a
variety of products from leading American energy technology firms to a
portfolio of major manufacturing facilities in Ukraine. This
outsourcing and licensing program takes advantage of Ukraine's
comparative advantages in materials and labor costs and strategic
location to serve European, Middle Eastern, and American markets for
construction of new and refurbished power plants.
Dr. Browne started his professional career at Data Resources, Inc.
(DRI), the premier economic forecasting, modeling, data, software, and
consulting firm. At DRI he built and managed the company's entire range
of products and services for the energy and industrial clientele, both
domestic and international, including the first services designed to
enable electric utilities to use economics in their forecasting and
regulatory activities; this service began at the time of the first
Energy Crisis and grew to include over 90% of all American utilities as
customers. These services provided the bulk of DRI's profits which
enabled it to go public and then be sold to McGraw Hill.
Dr. Browne was CEO and founder of Dun & Bradstreet Technical
Economic Services, a company that built a proprietary database of the
top 100,000 manufacturing facilities in the USA, with information for
each plant about energy use and costs, production volumes, location,
production methodology, employment, and so forth. This database and
associated models was used by most American electric and gas utilities,
gas pipelines, energy equipment suppliers, and power plant developers
to evaluate current and future markets, to identify market leads, and
to establish gas trading businesses in the era of new deregulation and
cogeneration in the 1980's. The company, which was controlled by Dr.
Browne, was sold to D&B.
Dr. Browne's education includes a Ph.D. MIT in Economics, and a BA from The Johns Hopkins University in Economics.
