---------- TRUSTEES OF PRINCETON UNIVERSITY: NEW DNFA AWARD. TITLE: “STOCHASTIC MODELS, INDICES & OPTIMIZATION ALGORITHMS FOR PRICING & HEDGING RELIABILITY RISKS IN MODERN POWER GRIDS” THE TRUSTEES OF PRINCETON UNIVERSITY WILL DEVELOP A JOINT STOCHASTIC MODEL FOR SOLAR, WIND AND LOADS FOR THE REGIONS OF INTEREST TO SEVERAL PERFORM TEAMS, AND A SIMULATION ENGINE PROVIDING RESPECTIVE MONTE CARLO SCENARIOS CAPTURING THE TEMPORAL AND GEOGRAPHICAL CORRELATIONS. ----------