MITEI increased and diversified its corporate memberships, renewed several current memberships, and enabled 19 students to visit a member site to learn about large-scale industrial decarbonization through its corporate member program. With this program, MITEI facilitates collaborations between industry and MIT to research, develop, and accelerate low- and zero-carbon solutions for the energy transition. MITEI’s member roster is reflective of MITEI’s mission to work across the broad industrial spectrum of energy production, conversion, delivery, and usage. Along with financial support for research, analyses, and education, industry members contribute valuable perspectives and detailed knowledge of real-world conditions for practical scaling-up, deployment, and integration of decarbonization solutions.
MITEI draws on MIT’s research capabilities, innovation, expertise, and experience to create successful industry collaborations to meet its research partners’ key strategic objectives. A multi-tiered membership structure enables diverse private-sector partners to sponsor multidisciplinary “flagship” research programs with MIT faculty; contribute to energy-focused labs, programs, and centers at MIT; fund critical energy fellowships; support innovative energy concepts from proposals solicited across the campus; and participate in MITEI’s seminars, lectures, and colloquia.
Member highlights
- Overall, during FY24, MITEI’s net membership roster grew from 36 to 38 members. As evidence of our efforts to diversify across the energy spectrum, we welcomed several key new members, including Vale, Liberty Mutual, and Taiwan Power Company.
- One of the key activities for FY24 was renewing the memberships of MITEI’s major members, including founding member Eni and sustaining members Chevron and Equinor. In addition, MITEI welcomed Petronas as a new sustaining member and Type One Energy as a new startup member.
- Building on MITEI’s mission as a hub for education, we facilitated a student field trip to ExxonMobil’s massive Baytown, TX, complex. Nineteen undergraduate and graduate students from across MIT toured this facility—one of the largest integrated petrochemical, ethylene, and advanced recycling plants in the world—and see their carbon capture pilot plant in operation. They received an in-depth presentation and discussion on ExxonMobil’s plans for decarbonizing the complex via hydrogen power and carbon capture.
- Leveraging our power as a convener of multiple energy stakeholders, we dedicated one of our sessions during our Annual Research Conference to hearing from students about their concerns and priorities for the energy transition. The students were also invited to attend the other parts of our conference to observe MITEI’s interaction with corporations and directly speak with industry on important—and sometimes controversial—energy transition topics.
- As members’ research organizations recover from Covid-19-related disruptions, they are expanding their sponsored research portfolios and we anticipate continued growth.
- In collaboration with the EPOCH Foundation, MITEI launched Taiwan’s Innovative Green Economy Roadmap (TIGER) Consortium in FY23. The program focuses on engaging Taiwan’s industry leaders and MIT experts in developing a long-term robust roadmap for Taiwan in its transition to a green economy based on innovative low-carbon technologies. In FY24, two new members joined TIGER.
View the full list of members.
