09/05/2024 | Press release | Distributed by Public on 09/05/2024 18:01
WEST LAFAYETTE, Ind. - Purdue University President Mung Chiang was appointed Thursday (May 9) to the inaugural board of directors for the U.S. DOE Foundation for Energy Security and Innovation (FESI) by U.S. Secretary of Energy Jennifer Granholm.
FESI is the U.S. Department of Energy's first agency-related foundation, authorized by the bipartisan CHIPS and Science Act signed by President Biden in 2022. FESI will support the DOE in carrying out its mission of ensuring the country's security and prosperity through transformative science and technology solutions.
A key aim of FESI is to accelerate the commercialization of new and existing energy technologies to boost U.S. competitiveness and filter private sector investments into critical partnerships between the DOE, its national labs, the philanthropic community and the private sector. FESI's board of directors is charged with helping the foundation ensure that DOE science and innovation breakthroughs are effectively used to maintain America's position as a trailblazer in global energy and secure an equitable clean energy economy. FESI will help accelerate the commercialization of new and existing energy technologies by raising and investing funds through engagements with the private sector and philanthropic communities.
As directed in the 2022 CHIPS and Science Act, DOE identified individuals to serve on FESI's governing board. Board members will have the opportunity to set priorities for FESI, make key hires including the executive director, and establish bylaws and governance structure, as well as actively fundraise for FESI activities and initiatives.
Chiang, also the Roscoe H. George Distinguished Professor of Electrical and Computer Engineering at Purdue, is the only board member appointed from a university. Other members include:
In addition to the appointed individuals, the authorizing statute language names four ex officio nonvoting board members from designated DOE leadership positions:
Chiang and other inaugural board members were officially appointed in a ceremony Thursday hosted by the DOE in Washington, D.C., where they met with DOE leadership and discussed responsibilities and next steps.
About Purdue University
Purdue University is a public research institution demonstrating excellence at scale. Ranked among top 10 public universities and with two colleges in the top four in the United States, Purdue discovers and disseminates knowledge with a quality and at a scale second to none. More than 105,000 students study at Purdue across modalities and locations, including nearly 50,000 in person on the West Lafayette campus. Committed to affordability and accessibility, Purdue's main campus has frozen tuition 13 years in a row. See how Purdue never stops in the persistent pursuit of the next giant leap - including its first comprehensive urban campus in Indianapolis, the new Mitchell E. Daniels, Jr. School of Business, and Purdue Computes - at https://www.purdue.edu/president/strategic-initiatives.
Media contact: Tim Doty, [email protected]