Entergy Corp. will present the Tulane Energy Institute with $100,000 in funding at a reception planned for 5 p.m., Monday, Nov. 17, at Goldring-Woldenberg Hall II on Tulane University"s uptown campus.
The gift will fund energy research and course development within the Institute, which spans the School of Sciences and Engineering and the A. B. Freeman School of Business.
Entergy helped establish the Institute in 2003 by becoming a founding sponsor. The New Orleans-based utility provided $1 million over 5 years to the Institute to establish programs and initiate analysis on a broad range of topics across the energy spectrum. The Institute"s goal is to improve the understanding of the integration of energy markets, policy, technology and the environment.
Now, at the completion of the original funding program, Entergy agreed to a further grant of $100,000 to help the Institute continue to study one of the nation"s most vital business sectors. In return, the Tulane Energy Institute will continue to provide Entergy New Orleans with periodic updates on conditions in the overall 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."