ExxonMobil has renewed its status as a founding member of the MIT Energy Initiative (MITEI) low-carbon energy research and education mission for another five years.
The renewed membership will see ExxonMobil expand its participation in MITEI’s Low Carbon Energy Centres. The Texas-based company will join MITEI’s Centre for Carbon Capture, the MITEI Centre for Energy Storage and the MITEI Mobility Systems Centre.
“ExxonMobil has been supporting MITEI researchers over the last five years to help develop breakthrough solutions that can make a difference in emissions reduction,” said Vijay Swarup, Vice-President of Research and Development for ExxonMobil Research and Engineering Company.
“This agreement is another example of our continued focus to evaluate and expand our portfolio of affordable, scalable ways to reduce carbon dioxide emissions and address the risk of climate change.”
ExxonMobil’s membership in the Mobility Systems Centre build on its participation as a sponsor of MITEI’s Mobility of the Future study, which will be published later this year.
ExxonMobil will also continue to support energy education through MITEI’s undergraduate and graduate programmes.
“The dual challenge of rising energy demand and climate change requires a sophisticated understanding of the systems in which zero-carbon or low-carbon technologies will have to be integrated,” said Louis Carranza, Associate Director of MITEI.
“Our industry members have that, as well as necessary experience delivering solutions at scale, both of which are vital to decarbonising the energy system.”
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