Receive our newsletter – data, insights and analysis delivered to you
  1. News
August 4, 2016

ExxonMobil to invest in University of Texas’ energy technology development research

ExxonMobil has stated it will invest $15m as a leadership member of the University of Texas (UT) at Austin Energy Institute to research technologies to meet rising energy demand.

By Lopamudra Roy

ExxonMobil has stated it will invest $15m as a leadership member of the University of Texas (UT) at Austin Energy Institute to research technologies to meet rising energy demand.

The joint research will study transformational energy advancements, such as integrating renewable energy sources into the current supply mix and enhancing traditional energy sources in ways to both improve efficiency and reduce effects on water, air, and climate.

Current research projects include a wide range of new technologies, renewable energy, battery technologies, and power grid modelling.

"This research will be in line with ExxonMobil’s new partnership with US-based FuelCell Energy to use carbonate fuel cell technology to increase the affordability of carbon capture from power plants fuelled by natural gas."

ExxonMobil's upstream research company president Sara Ortwein said: “The University of Texas at Austin has extensive experience and expertise in identifying innovative energy technologies.

“Our scientists and engineers look forward to collaborating with UT’s faculty and students through the Energy Institute to develop breakthrough technologies that can help reduce emissions.”

In addition, the US company will expand its collaboration with UT’s Gulf Coast Carbon Center, a multidisciplinary group that has worked on geological sequestration of CO² since 1998.

Content from our partners
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration
Reimagining the carbon problem

This research will be in line with ExxonMobil’s new partnership with US-based FuelCell Energy to use carbonate fuel cell technology to increase the affordability of carbon capture from power plants fuelled by natural gas.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU