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NEWS RELEASE
11/20/02
Contact: Bill
Romanelli/Nancy Heffernan, APCO Worldwide Elaine
Ray, News Service Editors: Downloadable
photographs of John Hennessy, Lynn Orr, Chris Edwards, Pam Matson
and James Plummer are available in JPEG and TIFF formats. Relevant Web URLs: Stanford President John Hennessy announced a multi-million-dollar collaboration
among leaders of the global scientific and engineering communities and
major corporations, including ExxonMobil, General Electric and Schlumberger.
Together, the participants will engage in research to develop technologies
that foster the development of a global energy system where greenhouse
emissions are much lower than today. The Global Climate and Energy Project (G-CEP) is an alliance of scientific
researchers and leading companies in the private sector. Stanford University,
as manager of the Project, will identify preeminent scientific researchers
from around the world who will work with the private sector sponsors
to conduct research into low greenhouse gas emission energy technologies
of the future. Several private sector companies plan to invest up to $225 million
over the next 10 years to the Project. To date, ExxonMobil, the world's
largest publicly traded petroleum and petrochemical company, plans to
invest up to $100 million; General Electric, the world leader in power
generation technology and services, $50 million; and Schlumberger, a
global technology services company, $25 million to help fund the research.
E.ON, Europe's largest privately owned energy service provider, has
signaled its intention to contribute $50 million and join G-CEP, along
with other academic and corporate sponsors from Europe. The combined
amount is equal to the total of all the corporate-sponsored research
at Stanford over the past 10 years. The university expects to involve additional global companies in the
automotive and technology industries as the research progresses. Stanford engineers and scientists will conduct a significant portion
of the research. However, in keeping with the global nature of energy
research, the university will be joined by additional renowned institutions
around the world to work with the private sector sponsoring companies
in North America, Europe and Asia. G-CEP will be different from other
privately sponsored research initiatives, as scientists will have the
intellectual freedom to explore a wide array of energy technologies
and solutions. "I think it works remarkably well for the kind of research that a university
does," said Hennessy. "It's quite basic, it's multidisciplinary in nature,
and it's long term. It's beyond what companies normally think of as
their competitive horizon." In keeping with the program's objectives to encourage broad application
of the technologies that flow from the research, sponsoring companies
will provide commercial insights and expertise to the research in addition
to financial resources. Lynn Orr, who will step down as the dean of Stanford's School of Earth
Sciences to become the G-CEP project director, said the initiative would
educate talented people who can help shape the development of the world's
new energy systems, and bring together representatives of academia,
government and industry to create a research portfolio of energy systems
that have low greenhouse gas emissions. "Supplying energy to a growing world population is a critical challenge
for this century," Orr said, "and doing so with low greenhouse emissions
will be an even greater challenge. The Global Climate and Energy Project
is a long-term commitment to build and carry out a research portfolio
that ultimately will stimulate the development of needed energy technologies
of the future. Through this Project, we will harness the talent and creativity of
the students and faculty of some of the world's great universities to
facilitate the creation of energy systems essential to the well-being
of the world's growing population." Specifically, G-CEP will work to: Among the energy sources, systems and uses that will be considered
are: Orr said that a key objective of this initiative is to develop a portfolio
of energy technologies that can be deployed on a global scale, in developed
and developing economies. "Industry perspectives can illuminate the university research process
in very important ways: posing questions, challenging researchers and
helping the research groups understand current barriers to technology
implementation. This Project will create a sustained university/industry
collaboration on the technical issues of climate and energy that frames
a long-term research agenda," Orr said. Orr added that Stanford would hold formal legal title to all technology
and information derived from this Project, as well as formal legal title
to all patents sought. He said that it is one of the Project's fundamental
tenets that the university make the results of the research widely available
to the scientific and engineering community. "It is the belief of both the university and our industrial partners
that the research and any ensuing new technology be made widely available
to scientists and engineers and could spur technological innovations
not even contemplated by the parties to G-CEP," Orr said.
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