US DOE National Labs partner with ExxonMobil for up to US$100 million
In the United States (US), the Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) and National Energy Technology Laboratory (NETL) have recently announced a joint research agreement with ExxonMobil. Over ten years, ExxonMobil will invest up to US$100 million in the two DOE Laboratories to advance lower-emissions energy technologies that could be brought to commercial scale.
Announced on May 8, 2019, the agreement is one of the largest public-private partnerships between DOE laboratories and the private sector and exemplifies DOE’s commitment to cross-cutting, result-driven research initiatives.
Over the past two years, this Administration has proven we can simultaneously grow our economy while helping our environment. Today’s announcement reinforces the Department’s commitment to invest in public-private partnerships that maximize R&D and, ultimately, deploy innovative, economical, and lower-emission technologies from DOE’s National Labs, said Under Secretary of Energy Mark W. Menezes.
The agreement will foster research collaboration on projects that will advance potential scalable technologies that improve energy efficiency, minimize greenhouse gas emissions, and reduce emissions from the production of fossil fuels and petrochemicals.
Finding meaningful solutions to address climate change is going to take everyone – governments, companies and academia – working together. This agreement will help us advance fundamental science and demonstrate scale. This is critical because it will give us a better understanding of how to progress technologies so they can be applied globally, said Vijay Swarup, vice president of research and development at ExxonMobil Research and Engineering Company.
Initial work between ExxonMobil and the national laboratories will explore ways to bring biofuels and carbon capture and storage to commercial scale across the power generation, transportation, and manufacturing sectors.
The National Renewable Energy Laboratory is excited to work with ExxonMobil to develop scalable energy solutions for the future and facilitate research partnerships across the national lab system. Our partnerships with industry, government, academia and other research organizations drive the collaboration and innovation that is integral to revolutionizing the global energy landscape. By working side-by-side with ExxonMobil researchers, this partnership provides an unprecedented opportunity to explore new technologies and transform energy through science, said Martin Keller, Director at the National Renewable Energy Laboratory (NREL).
This collaboration is a recent addition to a series of partnerships ExxonMobil has established for innovative lower-emissions research programs. The company says that it has spent more than US$9 billion since 2000 developing and deploying lower-emissions energy solutions.
This opportunity targets research challenges and the development of technology central to our mission and our capabilities. We’re bringing incredible research capability, enhanced by ExxonMobil’s industry expertise and ability to scale-up new technologies globally, which will ultimately benefit consumers in the near term, while also enhancing our nation’s prosperity and energy security, said Brian Anderson, Director at the National Energy Technology Laboratory (NETL).