The Morrill Act of 1890 was a significant legislative effort that provided federal land grants to states for the establishment of colleges, particularly aimed at what was then the segregated South. These schools today make up a 19 member network of Universities. With limited historical investment, the federal government has found that the States have underfunded these schools in excess of $7 biillion over the last 30 years. The Morrill Act of 1890 Schools educate nearly 100,000 students annually, contribute more than $4.4 billion to local economies, and provide pathways of opportunity for thousands of Americans.
These energy projects are proposed as part of a broader strategy to assist States, Energy Partners, and Investors in partnering with these Universities in meeting and exceeding these shortfalls while supporting the energy and grid needs of the United States. Specifically, these initiatives seek to create self-sustaining revenue streams through energy storage, allowing our University partners to gain financial stability while developing Energy Engeneering expertise that will provide a needed service in securing our nations energy grids.