Entergy Corp. donates $100,000 to Tulane Energy Institute
Nov. 18, 2008
Entergy Corp. has awarded the Tulane Energy Institute a grant of $100,000.
The gift, which Entergy officials presented at a reception in Goldring/Woldenberg Hall II on Nov. 17, will fund energy research and course development within the institute, which spans the Freeman School and Tulane's School of Sciences and Engineering.
In 2003, Entergy helped establish the Tulane Energy Institute by becoming a founding sponsor. The New Orleans-based utility committed $1 million to the institute over five years to establish programs and initiate analysis on a broad range of energy-related topics. The Tulane Energy Institute's mission is to improve understanding of the integration of energy markets, policy, technology and the environment.
With the completion of its original funding commitment, Entergy agreed to an additional grant of $100,000 to help the institute continue to study one of the nation's most vital business sectors. In return, Entergy New Orleans will continue to receive periodic updates from the institute on conditions in the energy sector.
"Supporting the continued work of Tulane's research and analysis of the energy industry is important to the future of our energy needs," said Rod West, president and CEO of Entergy New Orleans Inc. "Education is the lifeblood of our city's future, and the energy industry is critical to our everyday lives."