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Pipeline Pulse > Oil > Rick Stockburger Named Inaugural FESI CEO
Oil

Rick Stockburger Named Inaugural FESI CEO

Editorial Team
Last updated: 2025/07/31 at 4:30 PM
Editorial Team 1 month ago
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Rick Stockburger Named Inaugural FESI CEO
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Rick Stockburger has been appointed because the inaugural chief government officer (CEO) of the Division of Power’s (DOE) Basis for Power Safety and Innovation (FESI). The DOE mentioned in a media launch that that is the first-ever impartial agency-related basis.

The DOE added that the inspiration has been established to assist its mission and assist speed up power expertise commercialization, broaden private-public collaboration, and strengthen America’s power system.

Stockburger is a adorned U.S. Military fight veteran and chief in power innovation, identified for serving to speed up power expertise startups and fostering public-private partnerships, the DOE mentioned. He served in Kosovo and Afghanistan earlier than shifting to the power sector, the place he scaled revolutionary applied sciences from idea to market, in keeping with the DOE.

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As president and CEO of BRITE Power Innovators in Warren, Ohio, he expanded the group’s funds and programming, producing over $250 million in financial affect for the Midwest, the DOE mentioned.

“At this time’s announcement marks a brand new chapter in how the Division will ship breakthrough applied sciences to market”, Secretary of Power Chris Wright mentioned. “Rick’s confirmed management and background will assist advance the Division’s efforts to maneuver rising applied sciences into real-world power deployment – strengthening American science, innovation, and power management. With him in place, FESI shall be a precious accomplice in increasing private-sector collaboration and delivering on President Trump’s agenda to unleash American power and innovation”.

“Rick’s adorned service to our nation whereas within the U.S. Military, mixed along with his management in expertise entrepreneurship within the non-public sector, makes him an excellent option to be FESI’s first CEO”, Anthony Pugliese, DOE chief commercialization officer and director of the Workplace of Expertise Commercialization, mentioned. “Collectively, we’ll strengthen America’s capacity to maneuver breakthrough analysis into real-world affect”.

FESI has already made two preliminary investments in DOE initiatives geared toward enhancing America’s power infrastructure and selling the commercialization of next-generation power applied sciences, the DOE mentioned.

To contact the creator, e-mail andreson.n.paul@gmail.com




Generated by readers, the feedback included herein don’t replicate the views and opinions of Rigzone. All feedback are topic to editorial assessment. Off-topic, inappropriate or insulting feedback shall be eliminated.






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Editorial Team July 31, 2025
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