IEEE Power & Energy Magazine - May/June 2016 - 10

work is critical to ensuring the efficient
management of the Society and its
many undertakings.
In the last few years, PeS has provided start-up funding for two major
efforts. the PeS Scholarship Plus Initiative was started to provide scholarships to electrical engineers for

power-related courses and to secure
internships in our industry. Over the
last five years, over 900 scholarships
have been awarded in the united States
and Canada, and plans are being developed to expand the effort throughout
the world. the funding for these efforts
has come from PeS and other Ieee

PES 2015 Expense Budget

17.8%
45.0%
25.5%

11.0%
Periodicals
Meetings

Administrative
Committees

figure 3. The four major groups of
Society expenses.

Excellence forged daily.
Because, as they say, if you want it done right...

Tr usted s ince 192 1

10

ieee power & energy magazine

www.hughesbros.com

Societies and through the Ieee Foundation, which raises industry and membership donations for this effort.
the second major initiative supported by PeS and several other Ieee
Societies is the Ieee Smart Village
Initiative. this program has developed
solar and battery technology to provide sustainable power to rural isolated
villages in parts of the world without
access to electricity. the concept is to
assist in organizing new companies to
charge a portable battery system with
a photovoltaic system and to rent the
battery systems to customers, as well
as by using microgrids. this enables
lighting and the charging of electrical
devices such as cell phones and computers. When the battery needs charging, it is returned to the company to be
recharged. this initiative has been a
tremendous success in the development
of the technologies and in support of
governments and rural entrepreneurs.
It is being initially funded by PeS,
other Ieee Societies, and the Ieee
Foundation. the Ieee Foundation
will be increasing its funding through
fund raising as PeS contributions decrease. this is another example of how
an Ieee effort is improving the world
through technology.
In 2015, the PeS budget was out
of balance by approximately uS$1.1
million at the start of the year. the
actual loss is expected to be finalized
may/june 2016


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Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - May/June 2016

IEEE Power & Energy Magazine - May/June 2016 - Cover1
IEEE Power & Energy Magazine - May/June 2016 - Cover2
IEEE Power & Energy Magazine - May/June 2016 - 1
IEEE Power & Energy Magazine - May/June 2016 - 2
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IEEE Power & Energy Magazine - May/June 2016 - Cover3
IEEE Power & Energy Magazine - May/June 2016 - Cover4
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