Benzinga | Jun 10, 2021 06:57AM EDT

Sempra Energy and National Renewable Energy Laboratory Collaborate to Advance Future Net-Zero Energy Systems

Sempra Energy (NYSE:SRE) today announced it has signed a Memorandum of Understanding (MOU) with the U.S. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL), providing a framework for a joint effort to advance future net-zero energy systems. The MOU, which builds off nearly 10 years of ongoing collaboration, will continue current work researching and developing innovative solutions to help shape a lower-carbon future through technology and applications capable of withstanding increasing energy demand and broad adoption while advancing future innovation.

"To achieve global carbon-neutrality, energy systems will need to transform dramatically over the coming decades. Our partnership with NREL drives forward a vision to advance the energy systems of the future by focusing on innovation and resiliency," said Lisa Alexander, senior vice president of corporate affairs and chief sustainability officer for Sempra Energy. "New investment and innovative partnerships are critical to developing solutions that will manifest a global energy transition while promoting economic growth and prosperity."

"Building on our strong history of collaboration, we are excited to accelerate our work with Sempra to advance clean energy solutions," said Doug Arent, executive director for strategic public-private partnerships at NREL. "Researching key synergies across power, low carbon fuels and industrial sectors are expected to provide critical innovations toward realizing a low carbon, equitable, affordable, secure and reliable energy economy."