Former Secretary of Energy Ernest Moniz has launched Energy Futures Initiative, a nonprofit group focused on advanced energy and conducting "objective, fact-based and rigorous technical, economic, financial and policy analyses."
Moniz was named head of the Department of Energy in 2013 under President Obama. The former Secretary last week predicted a budget for the agency proposed by President Trump would be a "nonstarter."
Moniz told Axios that his firm's revenue is expected to come from foundations and companies "who will like to see certain studies done." The group's first project will be a review of the United States' energy grid.
