Le Lézard
Classified in: Oil industry, Science and technology

Official Opening of the Center of Excellence in Transportation Electrification and Energy Storage


Québec, a Global Leader in Battery Materials

VARENNES, QC, March 23, 2018 /CNW Telbec/ - Hydro-Québec and the Gouvernement du Québec announce the opening of the center of excellence in transportation electrification and energy storage, with the mission of maintaining and enhancing Québec's global leadership in the field of battery materials.

The center of excellence will commercialize Hydro-Québec technologies, protected by 800 patents. It will also create new research partnerships and develop new technologies.

With 70 employees, including 27 researchers, its 2018 operating budget is of $20 million, sourced entirely from outside revenue, generated chiefly by the sale of licenses to use its technologies.

The center of excellence is headed by Karim Zaghib, an expert of international renown. Dr. Zaghib was recently named one of the World's Most Influential Scientific Minds for the third year running.

For 40 years, Hydro-Québec's research institute (IREQ) has been recognized around the world for its technological expertise and its portfolio of intellectual property, especially in the area of lithium-ion, lithium-sulfur and lithium-air batteries. This is the portfolio that the center of excellence will commercialize and expand.

Quotes

"To achieve Québec's energy transition, we need to leverage the strength of our expertise to foster innovation, especially in the area of energy storage," said Minister of Energy and Natural Resources Pierre Moreau. "Opening the center of excellence will help Québec become a leader in energy storage and transportation electrification. This is a concrete illustration of our willingness to provide increased support to research and development, as set out in our Energy Policy 2030."

"The center of excellence in transportation electrification is going to enable Québec to consolidate its position as a global leader in research on battery materials," said Minister of Transport, Sustainable Mobility and Transport Electrification André Fortin. "It will help bring together the business and research communities in order to establish a dynamic culture of open innovation, further technology transfer and help create jobs. It also confirms the government's willingness to bank on transportation electrification to achieve its environmental and economic goals."

"The establishment of this center is a new milestone that will enable us to further develop our expertise in battery materials and derive value from our patents," said Éric Martel, President and Chief Executive Officer of Hydro-Québec.

 

SOURCE Hydro-Québec


These press releases may also interest you

at 10:45
The "PCR Markets. Forecasts for qPCR, dPCR, Singleplex & Multiplex Markets and by Application, Product and Place. With Executive and Consultant Guides, Including Customized Forecasting and Analysis. 2023 to 2027" report has been added to...

at 10:45
Fluency, the leading innovator of digital advertising management and automation solutions for agencies and large enterprises, announced today that it earned the number one ranking in the small business category...

at 10:31
Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics , today announced the all-new Gulfstream G700 has received Federal Aviation Administration (FAA) type certification, paving the way for customer deliveries of the most spacious...

at 10:30
The "Licensing Deals in Biotechnology 2019-2024" report has been added to ResearchAndMarkets.com's offering. Licensing Deals in Biotechnology provides a detailed understanding and analysis of how and why companies enter licensing deals. Fully...

at 10:30
The "Molecular Diagnostics for Cancer: Markets Forecasts by Cancer Type, Product, and Place with Executive & Consultant Guides and Customization. 2023 to 2027" report has been added to ResearchAndMarkets.com's offering. Exciting technical...

at 10:30
RIVANNA®, a developer of imaging-based medical solutions, names Craig Loomis as senior director of product management. With over 25 years of extensive experience in global product development and commercialization within the healthcare sector, Mr....



News published on and distributed by: