Official Opening of the Center of Excellence in Transportation Electrification and Energy Storage
March 26, 2018 --
Hydro-Québec and the Gouvernement du Québec recently announced 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.
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.
'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.'
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