SPOKANE,
Avista and ASL have each pledged $500,000 in initial funding for the initiative to launch a research grant program named the Avista Grants for Energy Sustainability at WSU-ASL.
“The scientists at ASL can be instrumental in developing practical ways to make a real difference for our energy future,” said Roger Woodworth, Avista vice president for sustainable energy solutions. “By leveraging our resources, we can speed-up new solutions to real challenges that help us improve our service to customers.”
Yogendra Gupta, Director of the WSU Institute for Shock Physics and founder of ASL, said: “We are pleased to partner with Avista to find effective energy solutions beneficial to everyone in our region. These funds will be used for sustainable energy research projects undertaken by ASL researchers. Avista’s support and involvement will ensure that our energy research efforts address near and long-term needs.”
Beginning in November, ASL researchers will meet with Avista engineers to identify specific needs and opportunities. The process will refine a set of requirements for the selection of ASL research projects. Selection of projects may require one or more of the following:
Collaboration between an ASL researcher and Avista engineer
Benefit to utility customers and immediacy of benefit
Long-term value potential
Leverage of other funding sources
Cost efficiency of methods
About Avista:
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is a company operating division that provides service to 346,000 electric and 306,000 natural gas customers in three Western states. Avista’s primary non-regulated subsidiary is Advantage IQ (www.advantageIQ.com). Avista Corp.’s stock is traded under the ticker symbol “AVA.” For more information about Avista, please visit www.avistacorp.com.
Avista Corp. and the Avista Corp. logo are trademarks of Avista Corporation.
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