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MIT and Eni extend energy collaboration

Following a stream of research successes in breakthrough technologies in the energy space, MIT President L. Rafael Reif and Eni CEO Claudio Descalzi met on Saturday in Rome, Italy, to renew the nine-year collaboration between the Institute and the Italian energy company for another four years. The $20 million agreement includes an extension of Eni’s founding membership in the MIT Energy Initiative (MITEI) and research support for three of MITEI’s Low-Carbon Energy Centers to advance key technologies for addressing climate change, in the areas of solar energy; energy storage; and carbon capture, utilization, and storage. The Low-Carbon Energy Centers are a core element of MIT’s Plan for Action on Climate Change, which calls for engagement with industry to address global climate challenges that demand society’s urgent attention. Participation in the centers fits with Eni’s commitment to an energy transition and addressing climate change. “Addressing climate change and pursuing breakthrough technology research are priorities for Eni. The collaboration with MIT and other European and Italian universities is of paramount importance,” said Claudio Descalzi, Eni’s CEO. “Eni is strongly committed to pursue a strategy of energy transition. This is demonstrated by the challenging targets we have set for carbon dioxide reduction. Since 2008, we have already reduced our direct emissions by 28 percent and we aim by 2025 at a reduction per produced barrel of 43 percent compared with the levels in 2014. MIT, the top academic institution worldwide for breakthrough innovation, is the ideal partner to address research in key technologies that can lead us toward an increasingly cleaner future.”