ExxonMobil, University Texas pursue novel technologies in carbon capture

ExxonMobil, University of Texas pursue novel technologies in carbon capture

10:58 AM, 3rd August 2016
ExxonMobil, University of Texas pursue novel technologies in carbon capture

AUSTIN, US: ExxonMobil Corporation said that it will invest $15 million as a leadership member of the University of Texas at Austin energy institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the risk of climate change.

The joint research initiative will study transformational energy innovations including integrating renewable energy sources into the current supply mix and advancing traditional energy sources in ways that improve efficiency and reduce impacts on water, air and climate.

Research projects are expected to cover a range of emerging technologies, and will take advantage of the university’s capabilities in renewable energy, battery technologies and power grid modelling. Core strengths in advanced computing, environmental management, and additive manufacturing may be applied to improve the efficiency of delivering traditional energy sources.

The University of Texas at Austin Energy Institute fosters interdisciplinary study of critical energy questions, leveraging expertise across several schools and colleges. This strategic engagement will utilise an umbrella agreement framework to facilitate collaborative research between ExxonMobil and the university.

ExxonMobil is an industry leader in carbon capture and storage technology and will expand its collaboration with the university’s Gulf Coast Carbon Center, a multidisciplinary group that has specialised in geological sequestration of carbon dioxide since 1998. This research will complement ExxonMobil’s recently announced partnership with FuelCell Energy Inc to advance carbonate fuel cell technology to enhance the affordability of carbon capture from natural gas-fueled power plants.

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

“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,” added Sara.

“The University of Texas at Austin is proud and deeply appreciative of its long history of collaboration in education and research with ExxonMobil,” said Gregory Fenves, president of the university. “This investment further unites two of the world's leading energy organizations to pursue innovations for a better energy future.”

© Worldofchemicals News


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ExxonMobil, FuelCell Energy pursue novel technology in carbon capture

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