Shell Announced as a Founding Member of Stanford’s Strategic Energy Alliance
With a pledge of 20 million dollars over five years, Shell has joined Stanford University’s Strategic Energy Alliance as a founding member. The objective of the Alliance is closely aligned with Shell’s initiatives of developing clean energy technology and improving global energy access through cross-sector and industry collaboration. The multi-year master research agreement between Shell and Stanford University focuses on meeting the growing demand for energy in ways that are economically, environmentally and socially responsible.
“Shell has been a supporter of research at Stanford for more than 40 years and we are delighted it will continue this tradition by joining the Strategic Energy Alliance,” said Arun Majumdar, co-director with Sally Benson of the Precourt Institute for Energy at Stanford. “This support comes at a critical time for our energy future.”
Managed by Stanford’s Precourt Institute for Energy, the Alliance matches industry members and Stanford faculty members who share common research objectives, funds fellowships and drives strategic new energy initiatives. Shell will continue its focus on meeting the growing demand for energy in ways that are economically, environmentally and socially responsible while tapping into the broader innovation ecosystem in California.
The research topics will range from science and engineering to policy and business with direction from the newly established Stanford Energy Global Council and current trends in the energy sector. Yuri Sebregts, Shell’s Chief Technology Officer, represented the company on the council at its inaugural meeting this month. “We are proud to be a member of the Alliance. It is imperative that cross-sector relationships like these continue to work together to find impactful solutions for society to transition to a low carbon world. No one can answer the energy challenges the world faces alone. We need unprecedented and sustained collaboration. That’s why we are excited to be part of this Alliance.”
Active participation in the Strategic Energy Alliance adds to the growing number of collaborative academic relationships Shell has globally, sharing its resources, experience and expertise. In the United States alone over the last 15 years, Shell has donated over 40 million dollars to universities in addition to committing 200 million dollars to collaborative academic research agreements similar to the Strategic Energy Alliance.