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Exxon Mobil Corp. invested $15 million in the University of Texas at Austin Energy Institute.

 

 

In an effort to develop technologies to meet the demand of energy while mitigating environmental impact, Irving, Texas-based Exxon Mobil Corp.announced it invested $15 million in the University of Texas at Austin Energy Institute.

This research will study how to integrate renewable energy sources into the the current energy sources to reduce the impact on water, air and climate. The research will take advantage of the school's renewable energy, battery technologies and power grid modeling.

 

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