Argonne National Lab and Exelon Launch Research and Development Partnership to Advance Next Generation
Energy Technology
Multi-year agreement aims to develop breakthrough innovations and bring them to market
The U.S. Department of Energy’s (DOE’s) Argonne National Laboratory and Exelon have formed a five-year cooperative research and
development agreement focused on identifying new technology and systems that will advance clean energy and contribute to the
development of a next-generation energy grid.
“As the nation’s largest utility company and operator of the largest clean energy fleet, we have a unique responsibility to
reimagine the energy grid and lead our industry in the exploration, development and deployment of the next generation of clean,
diverse energy technologies,” said Chris Crane, Exelon president and CEO. “This partnership allows us to combine Exelon’s industry
experts with the best minds in research to unlock new innovations and bring them to market for the benefit of our customers and the
environment.”
“I believe this agreement shows the possibilities of bringing together the best of public science and private industry to make
real breakthroughs that can impact the lives of people,” said Argonne Director Peter B. Littlewood. “Argonne has long believed in
the power of delivering our groundbreaking science to consumers by partnering with industry, and it is an honor to have Exelon as
one of those partners.”
The agreement with Argonne is part of Exelon’s companywide effort to team with government and industry associations, national
labs, top universities, technology companies and venture capital firms to explore emerging technology that has the potential to
form new businesses and transform the industry.
The agreement combines Exelon’s market knowledge with Argonne’s broad research and expertise in all phases of energy production
and delivery. The collaboration will further the goal of Argonne and the U.S. Department of Energy to identify technologies that
have the potential to improve grid reliability, efficiency and stability, and introduce them to the market where they can have the
greatest benefit to consumers and the public.
Surrounded by the highest concentration of top-tier research organizations in the world, Argonne partners with hundreds of
scientists and entrepreneurs throughout the region and enhances Exelon’s access to the Chicago-area’s hub of energy innovation and
development.
“This is a tremendous opportunity to join Argonne’s world-class research capabilities with the leadership and experience of
Exelon to achieve lab-to-market impact,” said Leah Guzowski, Lead Principal Investigator for Argonne. “We are confident that this
partnership will yield strong results in realizing a clean energy future. As a Chicago-based partnership, it also demonstrates our
commitment to be a key contributor to the regional innovation ecosystem.”
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of utility customers in the U.S. Exelon
does business in 48 states, the District of Columbia and Canada and had 2015 revenue of $34.5 billion. Exelon’s six utilities
deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois,
Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries.
Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of nuclear, gas, wind, solar and
hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s
Constellation business unit provides energy products and services to approximately 2.5 million residential, public sector and
business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
Paul Adams
Exelon Corporate Communications
410-470-4167
paul.adams@constellation.com
or
Greg Cunningham
Argonne National Laboratory
806-359-1342
gcunningham@anl.gov
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