FESI Welcomes Rick Stockburger as its New CEO to Propel Energy Innovation

Rick Stockburger Takes the Helm at FESI



The Foundation for Energy Security and Innovation (FESI) recently made headlines with its announcement of Rick Stockburger as its first Chief Executive Officer. With a strong background in energy entrepreneurship and community innovation, Stockburger is stepping into a significant role aimed at enhancing the United States' energy landscape.

FESI was established as an independent nonprofit organization under the CHIPS and Science Act in 2022, aimed at supporting the U.S. Department of Energy (DOE) in addressing energy and environmental challenges. Stockburger brings a wealth of experience to this role, previously serving as President and CEO at BRITE Energy Innovators, where he significantly expanded the organization's capabilities and impact, aiding more than 200 entrepreneurs in the Midwest.

The announcement has generated considerable optimism among stakeholders. Board Chair Miranda Ballentine expressed excitement over Stockburger’s potential to unite various factions—entrepreneurs, investors, and government entities—each crucial to fulfilling FESI's mission. Ballentine emphasized the importance of having a leader who can navigate the interconnected worlds of technology, philanthropy, and public policy effectively.

Collaboration and Vision for Change



In his new role, Stockburger will focus on fostering public-private partnerships that enhance innovation in energy technology. As he stated, “We need a commercialization system that works for every community and every technology.” His vision resonates with the objective of bridging gaps in energy solutions, driving impactful projects that not only secure energy needs but also contribute to local economies.

FESI’s unique position allows it to operate flexibly and respond to diverse regional needs, addressing critical energy technologies that often fall outside DOE's scope. The role of FESI becomes especially vital when juxtaposed with the aspirations outlined by U.S. Secretary of Energy Chris Wright, who highlighted that Stockburger’s leadership could catalyze advancements in taking emerging technologies from conception to real-world application.

Initiatives and Future Outlook



Since its inception, FESI has been actively engaging in initiatives like the Spring 2025 EPIC Pitch Competition, showcasing innovative solutions while facilitating collaborations between sectors. Furthermore, recent investments reflect FESI’s commitment to enhancing the cybersecurity of rural and municipal utilities, crucial for maintaining resilient energy infrastructures across the United States.

Stockburger is eager to build on this momentum initiated earlier this year, embarking on a national listening tour aimed at gathering insights from various stakeholders involved in the energy ecosystem. His dual experience as both a U.S. Army veteran and a champion for technological enhancement positions him uniquely to lead FESI in navigating the complexities of the energy landscape.

Under Stockburger’s stewardship, FESI aims not only to provide funding and resources but also to create sustainable pathways for technology commercialization in energy sectors. By connecting researchers with the necessary capital and partnerships, FESI seeks to empower diverse communities to harness innovative energy solutions that address current challenges.

This new chapter in energy innovation signifies a promising future for the foundation and the broader goal of enhancing America’s energy security. As Stockburger stated, “I am honored to serve as its first CEO and ready to get to work,” setting a proactive tone that aligns with the foundation's ambitious mission.

Thus, as FESI enters this new era under Stockburger’s leadership, the organization prepares to play a pivotal role in shaping the future of energy in America, marking a notable step forward in creating secure and impactful energy solutions for communities nationwide.

Topics Energy)

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