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News Release from: ABB Automation Tech (Instrumentation + Automation)
Edited by the Processingtalk Editorial
Team on 25 January 2008
MIT and ABB announce energy research
partnership
A five-year, USD5million partnership between ABB and MIT has been announced, to help develop green technologies and train graduates
The Massachusetts Institute of Technology (MIT), one of North America's leading universities, and ABB, a global leader in power and automation technology, have formed a partnership on energy research to help meet the world's need for clean electricity and energy efficiency ABB will join the MIT Energy Initiative (MITEI) and will support research in a variety of areas including nanofluids, power electronics, intelligent robotics and equipment heat management
This article was originally published on Processingtalk on 17 Jul 2008 at 8.00am (UK)
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As a Sustaining Member of MITEI, ABB will have a seat on the MITEI governing board, which provides key input on the direction and success of the MITEI research portfolio.
"A MITEI partnership with ABB creates enormous opportunities to provide technology solutions to global energy challenges," said Professor Ernest Moniz, Director of the MIT Energy Initiative: "The ABB corporate portfolio offers a range of potential research focus areas in which MIT has substantial research capability and could make a major contribution.
The ABB commitment to sustainability, energy efficiency and reducing greenhouse gas emissions is especially exciting from a research perspective".
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"This partnership is another significant step in the ABB strategy of combining our leading industrial technology competence with cutting edge international research," said Peter Terwiesch, chief technology officer for ABB.
"New technology is the key to tapping the potential of energy efficiency in the face of the soaring demand and increasing environmental concerns".
ABB spends some USD1.1 billion per year on research and development.
Technology plays a crucial role in meeting energy and environmental challenges.
Soaring energy demand has placed a premium on energy efficiency, a key area of the ABB research and development activity, comprising about half of its research investment.
In addition to supporting the research program, the ABB five-year, USD5million collaboration will support graduate fellowships and the MITEI energy research "seed fund".
The fund was set up to promote the development of a broad range of innovative energy technologies and concepts from researchers across the Institute.
Professor Robert Armstrong, the MITEI Deputy Director, noted that: "Over the length of this partnership, ABB will support 10 graduate energy fellowships at the Institute, the ABB-MIT Energy Fellows.
The ABB commitment to developing the next generation of energy technologists will help nurture and develop young energy researchers to meet the global energy challenges of the next several decades".
MITEI is an institute-wide initiative designed to help transform the global energy system to meet the challenges of the future.
The MIT Energy Initiative includes research, education, campus energy management and outreach activities, an interdisciplinary approach that covers all areas of energy supply and demand, security and environmental impact.
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