A $4.7 million check was presented to President Wetherell. The money is going to research to help improve the nation's electric power grid.
A DOE spokesperson says more research is crucial to fixing problems with the grid which are blamed for a number of issues with communication, transportation, even drinking water.
William Parks with research and development of the United States Department of Education says, "Some things could be done and impact things in the next three to five years. Some things will be longer term solutions for the power grid. Some of the capital investments are 30, 40, 50 year investments, so it takes time to turn that over."
T.K. Wetherell, FSU President, says, "Research is important to this institution, to any institution of higher education, particularly for Florida State. Grants like this legitimize our stance.”
Parks says almost every day there are power failures associated with the grid resulting in the loss of $50 to $80 billion to the U.S. economy each year.