NewNergy

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$100 Million Initiative from Stanford to Tackle Energy Issues

Jan 2009

Recognizing that energy is at the heart of many of the world's tribulations—economic, environmental and political—Stanford is establishing a $100 million research institute to focus intently on energy issues, President John Hennessy told a capacity crowd Monday afternoon in Memorial Auditorium.

The $100 million in new funds will enable the hiring of additional faculty and support new graduate students, in addition to the more than $30 million in yearly funding now spent on energy research. Stanford researchers are tackling some of the world's most challenging problems, such as finding an alternative to coal that is environmentally friendly yet cheap enough to sell to China. Hennessy described that particular quest as the Holy Grail of energy research.

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