 We're going to, after all those exciting announcements, we're going to go on and talk about some of the programs that we have here that enable all this energy research that you're going to hear about today. And I'm going to start talking about the Strategic Energy Research Consortium. And really, before I can talk about the consortium, I really have to say a word about the Strategic Energy Alliance, which is the program under which CERC operates. And the Strategic Energy Alliance is really our flagship corporate energy program at Stanford. It's founding members. We're ExxonMobil, Bank of America, Total Energies, and Shell. And they really are big global energy companies that are really looking at the whole, the big picture, and really want to work and collaborate with Stanford in trying to find some of the solutions. So it's got several components. It's got a research component, an engagement component, executive education, and student recruitment. Those are not as well developed yet. But the biggest part is, of course, the research. And that is among the research components is seed funding there. You'll see seed funding for game changers. And that's really what the CERC program is all about. So just one more word about SEA. Its aspiration is really to have a measurable impact in the science, growing energy programs at the university, and developing energy solutions for the world. And it's a vehicle for large global companies, like the ones I listed, to form these relationships with Stanford and to really provide a strategic direction and have input towards a low-carbon energy future. So what do we gain out of this? So Stanford gains, obviously it gets the funding to do this research, but it also gains the insights on why we're doing the research, what are the applications of the research that we want to do. And the corporate members, what they gain is really a sort of a knowledge about what are all the issues, what are the new breakthrough technologies that are coming ahead so that they can plan their future energy strategy. So now let me move on to CERC, the Strategic Energy Research Consortium. And this is really a part of the Strategic Energy Alliance that is focused on fundamental pre-commercial, high-risk, high-reward research, all the big buzzwords that we hear about. And so this is an opportunity for Stanford faculty to propose their concepts, their novel ideas in energy science and technology and systems analysis and policy to the companies. It's not the scope of the work is not defined by the sponsors, which is a lot of the research that goes on in SEA, it's the other way round. It's where Stanford proposes the ideas to the sponsors. And so the SEA members, they pull their funds together and then it's the pre-court leadership that actually decides which of the awards that are made. We have a rigorous review process in order to decide which are the ones that we want to fund. And then every couple of years we build up some funding from the SEA members, we have a pool of funding and then we fund those awards. And so we had our first round about a year ago we made the awards, they were in two sort of broad general themes in energy science and technologies and then in energy finance, human behavior and policy. And we've funded six different projects and actually during the day to day we will hear from the leading researchers in all those six projects. There were four science and technology projects and two in the finance and policy arena as well. So during the day we've spread them out, we didn't put them all together, we've spread them out in the three different sessions. So you'll be hearing from all these on all these different projects and hopefully you will really get a good sense of what we're doing in these projects.