Purdue president named to inaugural DOE foundation board
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U.S. Secretary of Energy Jennifer Granholm last week appointed Purdue University President Mung Chiang to the inaugural board of directors for the U.S. DOE Foundation for Energy Security and Innovation, or FESI.
The foundation, established through the CHIPS and Science Act signed by President Biden in 2022, aims to support the commercialization of “new and existing energy technologies to boost U.S. competitiveness.”
FESI is the first agency-related foundation for the Department of Energy. Purdue said in a news release that the board has been charged with helping 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.”
The foundation will raise and invest funds from the private sector and philanthropic communities to accelerate the commercialization of energy technologies, the university said. The FESI board will also be responsible for making key hires, including the foundation’s executive director.
Chiang, is the only board member appointed from a university, according to Purdue.
“The Foundation for Energy Security and Innovation offers an unparalleled opportunity for support and advancement in our nation’s rapid and equitable transition to a clean energy economy,” Granholm said in a news release. “The FESI Board of Directors will help meet the Department’s goals, and bring alive the biggest, boldest solutions to the challenges of our time.”
You can view the full list of board members by clicking here.