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    Investors awaken to the risks of climate change

    Poppy Allonby, a senior financial executive and the former managing director of BlackRock, has been analyzing the link between climate change and investing for more than two decades. “For a lot of that, it was quite lonely,” Allonby said during her December address at the MIT Energy Initiative Fall Colloquium. “There weren’t that many other people looking at this field. And over the last three or four years, that’s completely changed.”

    Increasingly, Allonby said, investors are opening their eyes to the long-term risks of climate change — risks that threaten not only the planet, but also their portfolios. And as more institutional investors come to see climate change as a threat to their beneficiaries, they are taking action to fight it. Still, she cautioned that much more work remains to be done.

    “Various investors are at very different stages in considering climate change,” Allonby said. “Once they realize this is something they need to think about … they need to do a risk assessment, then develop a strategy.” 

    “When you look at different institutions,” she said, “some are just at the very beginning of this journey.”

    A changing landscape

    Although there is a compelling moral case to be made for taking steps to mitigate climate change, Allonby noted that institutional investors such as pension funds are bound by a fiduciary duty to their beneficiaries. That is to say, they are obligated to put their client or member interests ahead of their own.

    “I talk about fiduciary duty, because one of the things that has really changed in the investment space is that more and more investors are beginning to see climate change and climate risk as [impacting] their fiduciary duty,” said Allonby. “That has been a shift. In my mind, it makes total sense. If you’re a long-term investor … and you’re thinking about beneficiaries that need assets over the next 10 or 20 years, and thinking about risks that might materialize — and climate change, in particular — then that makes a lot of sense. But that is not where we were five or 10 years ago.”

    Allonby spent more than 20 years at the multinational investment management corporation BlackRock. For 17 of those years, she was a senior portfolio manager responsible for managing multibillion-dollar funds investing globally in companies across the traditional energy sector, and also those involved in sustainable energy and mitigating climate change. Most recently, she was head of the corporation’s Global Product Group on several continents, where she provided oversight for nearly $1 trillion assets and played a critical role in developing BlackRock’s sustainable product strategy.

    “Where I like to think the finance industry is heading is integration,” she said. “This means thinking holistically about pretty much every decision you make as an investor, and thinking about how climate risk is going to impact that investment. That is a sea change in the mentality around how people invest.”

    Divestment versus engagement

    For many years, activists have pushed for institutions — including MIT — to divest from fossil fuel companies. By keeping fossil fuel companies out of their portfolios, these activists argue, institutions and individuals can exert social, political, and economic pressure on these corporations and help to accelerate the shift to renewable energy.

    However, Allonby argued instead for ongoing engagement with fossil fuel companies, reasoning that this better positions investors to push for change. “My personal view with divesting from oil and gas companies is, that’s not very effective,” Allonby said. “I think there might be examples where you have very specific companies which you don’t think will be involved in the transition [to net zero], and [divestment] might make sense. Or if you’ve got an institutional investor where it is imperative that their investment is entirely aligned with their values — so, certain charities — it might make sense. But if you really care about change, I think you need to keep a seat at the table.”

    In a way, Allonby said, divesting from fossil fuel companies lets leaders at those organizations off the hook, reducing the pressure on them to make meaningful changes to their operations. “Imagine a company that is incredibly polluting and not sustainable, and they have shareholders that are not happy, but they don’t do anything, and those shareholders decide to divest,” she said. “What happens as a result of that, potentially, is the company goes, ‘Oh, that was easy! I didn’t have to do anything, and [the activists] have gone away.’ And potentially, those assets end up being owned by people who care less. So that is a risk, when you think about divestment.”

    Challenges and opportunities         

    Allonby outlined several challenges with climate-focused investing, but also noted a number of opportunities — both for investors looking to make money, and those looking to make a change.

    Among the challenges: For one, some investors simply still need to be convinced that climate change is a problem they should be working to solve. Also, Allonby said, there is a lack both of a formalized methodology and of specialized investment products for climate-focused investing, although she noted that both of these areas are improving. Finally, she said, it remains a challenge to encourage investors to direct capital toward clean-energy projects in developing countries. 

    Investors can both set themselves up for financial success and mitigate climate change, Allonby said, through savvy investments in either distressed or underpriced assets. “If you can buy assets that are discounted or cheaper because people have real concerns about their environmental footprint, then you can work with those companies to improve it and therefore reduce the risk and improve the valuation,” she said.

    Allonby, pointing to the high cost of waterfront property in areas that are vulnerable to rising sea levels, also suggested that the long-term risks of climate change have not been fully priced into many assets. “My view is that we haven’t really gotten our arms around that,” she said. “From a purely investment perspective, that’s also an opportunity.”

    Additionally, Allonby noted the recent rise of ESG funds, which invest with environmental, social, and corporate governance guidelines in mind. Some of these funds, she noted, have outperformed the larger market over the past several years.

    “When we talk about climate change, one has a range of emotions,” Allonby said. “Sometimes it can feel like we’re not making enough progress. And one of the nice things about being here at MIT is that whenever I’m here, I always feel hopeful about the future, and quite hopeful about all of the technologies and work that you are doing to transition energy systems and move things forward. When you look at what’s happening in the financial services sector, there’s still a huge amount to do, but it’s also quite a hopeful story.” More

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    Students dive into research with the MIT Climate and Sustainability Consortium

    Throughout the fall 2021 semester, the MIT Climate and Sustainability Consortium (MCSC) supported several research projects with a climate-and-sustainability topic related to the consortium, through the MIT Undergraduate Research Opportunities Program (UROP). These students, who represent a range of disciplines, had the opportunity to work with MCSC Impact Fellows on topics related directly to the ongoing work and collaborations with MCSC member companies and the broader MIT community, from carbon capture to value-chain resilience to biodegradables. Many of these students are continuing their work this spring semester.

    Hannah Spilman, who is studying chemical engineering, worked with postdoc Glen Junor, an MCSC Impact Fellow, to investigate carbon capture, utilization, and storage (CCUS), with the goal of facilitating CCUS on a gigaton scale, a much larger capacity than what currently exists. “Scientists agree CCUS will be an important tool in combating climate change, but the largest CCUS facility only captures CO2 on a megaton scale, and very few facilities are actually operating,” explains Spilman. 

    Throughout her UROP, she worked on analyzing the currently deployed technology in the CCUS field, using National Carbon Capture Center post-combustion project reports to synthesize the results and outline those technologies. Examining projects like the RTI-NAS experiment, which showcased innovation with carbon capture technology, was especially helpful. “We must first understand where we are, and as we continue to conduct analyses, we will be able to understand the field’s current state and path forward,” she concludes.

    Fellow chemical engineering students Claire Kim and Alfonso Restrepo are working with postdoc and MCSC Impact Fellow Xiangkun (Elvis) Cao, also on investigating CCUS technology. Kim’s focus is on life cycle assessment (LCA), while Restrepo’s focus is on techno-economic assessment (TEA). They have been working together to use the two tools to evaluate multiple CCUS technologies. While LCA and TEA are not new tools themselves, their application in CCUS has not been comprehensively defined and described. “CCUS can play an important role in the flexible, low-carbon energy systems,” says Kim, which was part of the motivation behind her project choice.

    Through TEA, Restrepo has been investigating how various startups and larger companies are incorporating CCUS technology in their processes. “In order to reduce CO2 emissions before it’s too late to act, there is a strong need for resources that effectively evaluate CCUS technology, to understand the effectiveness and viability of emerging technology for future implementation,” he explains. For their next steps, Kim and Restrepo will apply LCA and TEA to the analysis of a specific capture (for example, direct ocean capture) or conversion (for example, CO2-to-fuel conversion) process​ in CCUS.

    Cameron Dougal, a first-year student, and James Santoro, studying management, both worked with postdoc and MCSC Impact Fellow Paloma Gonzalez-Rojas on biodegradable materials. Dougal explored biodegradable packaging film in urban systems. “I have had a longstanding interest in sustainability, with a newer interest in urban planning and design, which motivated me to work on this project,” Dougal says. “Bio-based plastics are a promising step for the future.”

    Dougal spent time conducting internet and print research, as well as speaking with faculty on their relevant work. From these efforts, Dougal has identified important historical context for the current recycling landscape — as well as key case studies and cities around the world to explore further. In addition to conducting more research, Dougal plans to create a summary and statistic sheet.

    Santoro dove into the production angle, working on evaluating the economic viability of the startups that are creating biodegradable materials. “Non-renewable plastics (created with fossil fuels) continue to pollute and irreparably damage our environment,” he says. “As we look for innovative solutions, a key question to answer is how can we determine a more effective way to evaluate the economic viability and probability of success for new startups and technologies creating biodegradable plastics?” The project aims to develop an effective framework to begin to answer this.

    At this point, Santoro has been understanding the overall ecosystem, understanding how these biodegradable materials are developed, and analyzing the economics side of things. He plans to have conversations with company founders, investors, and experts, and identify major challenges for biodegradable technology startups in creating high performance products with attractive unit economics. There is also still a lot to research about new technologies and trends in the industry, the profitability of different products, as well as specific individual companies doing this type of work.

    Tess Buchanan, who is studying materials science and engineering, is working with Katharina Fransen and Sarah Av-Ron, MIT graduate students in the Department of Chemical Engineering, and principal investigator Professor Bradley Olsen, to also explore biodegradables by looking into their development from biomass “This is critical work, given the current plastics sustainability crisis, and the potential of bio-based polymers,” Buchanan says.

    The objective of the project is to explore new sustainable polymers through a biodegradation assay using clear zone growth analysis to yield degradation rates. For next steps, Buchanan is diving into synthesis expansion and using machine learning to understand the relationship between biodegradation and polymer chemistry.

    Kezia Hector, studying chemical engineering, and Tamsin Nottage, a first-year student, working with postdoc and MCSC Impact Fellow Sydney Sroka, explored advancing and establishing sustainable solutions for value chain resilience. Hector’s focus was understanding how wildfires can affect supply chains, specifically identifying sources of economic loss. She reviewed academic literature and news articles, and looked at the Amazon, California, Siberia, and Washington, finding that wildfires cause millions of dollars in damage every year and impact supply chains by cutting off or slowing down freight activity. She will continue to identify ways to make supply chains more resilient and sustainable.

    Nottage focused on the economic impact of typhoons, closely studying Typhoon Mangkhut, a powerful and catastrophic tropical cyclone that caused extensive damages of $593 million in Guam, the Philippines, and South China in September 2018. “As a Bahamian, I’ve witnessed the ferocity of hurricanes and challenges of rebuilding after them,” says Nottage. “I used this project to identify the tropical cyclones that caused the most extensive damage for further investigation.”She compiled the causes of damage and their costs to inform targets of supply chain resiliency reform (shipping, building materials, power supply, etc.). As a next step, Nottage will focus on modeling extreme events like Mangkunt to develop frameworks that companies can learn from and utilize to build more sustainable supply chains in the future.

    Ellie Vaserman, a first-year student working with postdoc and MCSC Impact Fellow Poushali Maji, also explored a topic related to value chains: unlocking circularity across the entire value chain through quality improvement, inclusive policy, and behavior to improve materials recovery. Specifically, her objectives have been to learn more about methods of chemolysis and the viability of their products, to compare methods of chemical recycling of polyethylene terephthalate (PET) using quantitative metrics, and to design qualitative visuals to make the steps in PET chemical recycling processes more understandable.

    To do so, she conducted a literature review to identify main methods of chemolysis that are utilized in the field (and collect data about these methods) and created graphics for some of the more common processes. Moving forward, she hopes to compare the processes using other metrics and research the energy intensity of the monomer purification processes.

    The work of these students, as well as many others, continued over MIT’s Independent Activities Period in January. More

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    MIT Energy Initiative launches the Future Energy Systems Center

    The MIT Energy Initiative (MITEI) has launched a new research consortium — the Future Energy Systems Center — to address the climate crisis and the role energy systems can play in solving it. This integrated effort engages researchers from across all of MIT to help the global community reach its goal of net-zero carbon emissions. The center examines the accelerating energy transition and collaborates with industrial leaders to reform the world’s energy systems. The center is part of “Fast Forward: MIT’s Climate Action Plan for the Decade,” MIT’s multi-pronged effort announced last year to address the climate crisis.

    The Future Energy Systems Center investigates the emerging technology, policy, demographics, and economics reshaping the landscape of energy supply and demand. The center conducts integrative analysis of the entire energy system — a holistic approach essential to understanding the cross-sectorial impact of the energy transition.

    “We must act quickly to get to net-zero greenhouse gas emissions. At the same time, we have a billion people around the world with inadequate access, or no access, to electricity — and we need to deliver it to them,” says MITEI Director Robert C. Armstrong, the Chevron Professor of Chemical Engineering. “The Future Energy Systems Center combines MIT’s deep knowledge of energy science and technology with advanced tools for systems analysis to examine how advances in technology and system economics may respond to various policy scenarios.”  

    The overarching focus of the center is integrative analysis of the entire energy system, providing insights into the complex multi-sectorial transformations needed to alter the three major energy-consuming sectors of the economy — transportation, industry, and buildings — in conjunction with three major decarbonization-enabling technologies — electricity, energy storage and low-carbon fuels, and carbon management. “Deep decarbonization of our energy system requires an economy-wide perspective on the technology options, energy flows, materials flows, life-cycle emissions, costs, policies, and socioeconomics consequences,” says Randall Field, the center’s executive director. “A systems approach is essential in enabling cross-disciplinary teams to work collaboratively together to address the existential crisis of climate change.”

    Through techno-economic and systems-oriented research, the center analyzes these important interactions. For example:

    •  Increased reliance on variable renewable energy, such as wind and solar, and greater electrification of transportation, industry, and buildings will require expansion of demand management and other solutions for balancing of electricity supply and demand across these areas.

    •  Likewise, balancing supply and demand will require deploying grid-scale energy storage and converting the electricity to low-carbon fuels (hydrogen and liquid fuels), which can in turn play a vital role in the energy transition for hard-to-decarbonize segments of transportation, industry, and buildings.

    •  Carbon management (carbon dioxide capture from industry point sources and from air and oceans; utilization/conversion to valuable products; transport; storage) will also play a critical role in decarbonizing industry, electricity, and fuels — both as carbon-mitigation and negative-carbon solutions.

    As a member-supported research consortium, the center collaborates with industrial experts and leaders — from both energy’s consumer and supplier sides — to gain insights to help researchers anticipate challenges and opportunities of deploying technology at the scale needed to achieve decarbonization. “The Future Energy Systems Center gives us a powerful way to engage with industry to accelerate the energy transition,” says Armstrong. “Working together, we can better understand how our current technology toolbox can be more effectively put to use now to reduce emissions, and what new technologies and policies will ultimately be needed to reach net-zero.”

    A steering committee, made up of 11 MIT professors and led by Armstrong, selects projects to create a research program with high impact on decarbonization, while leveraging MIT strengths and addressing interests of center members in pragmatic and scalable solutions. “MIT — through our recently released climate action plan — is committed to moving with urgency and speed to help wring carbon dioxide emissions out the global economy to resolve the growing climate crisis,” says Armstrong. “We have no time to waste.”

    The center members to date are: AECI, Analog Devices, Chevron, ConocoPhillips, Copec, Dominion, Duke Energy, Enerjisa, Eneva, Eni, Equinor, Eversource, Exelon, ExxonMobil, Ferrovial, Iberdrola, IHI, National Grid, Raizen, Repsol, Rio Tinto, Shell, Tata Power, Toyota Research Institute, and Washington Gas. More

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    Meet the 2021-22 Accenture Fellows

    Launched in October of 2020, the MIT and Accenture Convergence Initiative for Industry and Technology underscores the ways in which industry and technology come together to spur innovation. The five-year initiative aims to achieve its mission through research, education, and fellowships. To that end, Accenture has once again awarded five annual fellowships to MIT graduate students working on research in industry and technology convergence who are underrepresented, including by race, ethnicity, and gender.

    This year’s Accenture Fellows work across disciplines including robotics, manufacturing, artificial intelligence, and biomedicine. Their research covers a wide array of subjects, including: advancing manufacturing through computational design, with the potential to benefit global vaccine production; designing low-energy robotics for both consumer electronics and the aerospace industry; developing robotics and machine learning systems that may aid the elderly in their homes; and creating ingestible biomedical devices that can help gather medical data from inside a patient’s body.

    Student nominations from each unit within the School of Engineering, as well as from the four other MIT schools and the MIT Schwarzman College of Computing, were invited as part of the application process. Five exceptional students were selected as fellows in the initiative’s second year.

    Xinming (Lily) Liu is a PhD student in operations research at MIT Sloan School of Management. Her work is focused on behavioral and data-driven operations for social good, incorporating human behaviors into traditional optimization models, designing incentives, and analyzing real-world data. Her current research looks at the convergence of social media, digital platforms, and agriculture, with particular attention to expanding technological equity and economic opportunity in developing countries. Liu earned her BS from Cornell University, with a double major in operations research and computer science.

    Caris Moses is a PhD student in electrical engineering and computer science specializing inartificial intelligence. Moses’ research focuses on using machine learning, optimization, and electromechanical engineering to build robotics systems that are robust, flexible, intelligent, and can learn on the job. The technology she is developing holds promise for industries including flexible, small-batch manufacturing; robots to assist the elderly in their households; and warehouse management and fulfillment. Moses earned her BS in mechanical engineering from Cornell University and her MS in computer science from Northeastern University.

    Sergio Rodriguez Aponte is a PhD student in biological engineering. He is working on the convergence of computational design and manufacturing practices, which have the potential to impact industries such as biopharmaceuticals, food, and wellness/nutrition. His current research aims to develop strategies for applying computational tools, such as multiscale modeling and machine learning, to the design and production of manufacturable and accessible vaccine candidates that could eventually be available globally. Rodriguez Aponte earned his BS in industrial biotechnology from the University of Puerto Rico at Mayaguez.

    Soumya Sudhakar SM ’20 is a PhD student in aeronautics and astronautics. Her work is focused on theco-design of new algorithms and integrated circuits for autonomous low-energy robotics that could have novel applications in aerospace and consumer electronics. Her contributions bring together the emerging robotics industry, integrated circuits industry, aerospace industry, and consumer electronics industry. Sudhakar earned her BSE in mechanical and aerospace engineering from Princeton University and her MS in aeronautics and astronautics from MIT.

    So-Yoon Yang is a PhD student in electrical engineering and computer science. Her work on the development of low-power, wireless, ingestible biomedical devices for health care is at the intersection of the medical device, integrated circuit, artificial intelligence, and pharmaceutical fields. Currently, the majority of wireless biomedical devices can only provide a limited range of medical data measured from outside the body. Ingestible devices hold promise for the next generation of personal health care because they do not require surgical implantation, can be useful for detecting physiological and pathophysiological signals, and can also function as therapeutic alternatives when treatment cannot be done externally. Yang earned her BS in electrical and computer engineering from Seoul National University in South Korea and her MS in electrical engineering from Caltech. More

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    Q&A: More-sustainable concrete with machine learning

    As a building material, concrete withstands the test of time. Its use dates back to early civilizations, and today it is the most popular composite choice in the world. However, it’s not without its faults. Production of its key ingredient, cement, contributes 8-9 percent of the global anthropogenic CO2 emissions and 2-3 percent of energy consumption, which is only projected to increase in the coming years. With aging United States infrastructure, the federal government recently passed a milestone bill to revitalize and upgrade it, along with a push to reduce greenhouse gas emissions where possible, putting concrete in the crosshairs for modernization, too.

    Elsa Olivetti, the Esther and Harold E. Edgerton Associate Professor in the MIT Department of Materials Science and Engineering, and Jie Chen, MIT-IBM Watson AI Lab research scientist and manager, think artificial intelligence can help meet this need by designing and formulating new, more sustainable concrete mixtures, with lower costs and carbon dioxide emissions, while improving material performance and reusing manufacturing byproducts in the material itself. Olivetti’s research improves environmental and economic sustainability of materials, and Chen develops and optimizes machine learning and computational techniques, which he can apply to materials reformulation. Olivetti and Chen, along with their collaborators, have recently teamed up for an MIT-IBM Watson AI Lab project to make concrete more sustainable for the benefit of society, the climate, and the economy.

    Q: What applications does concrete have, and what properties make it a preferred building material?

    Olivetti: Concrete is the dominant building material globally with an annual consumption of 30 billion metric tons. That is over 20 times the next most produced material, steel, and the scale of its use leads to considerable environmental impact, approximately 5-8 percent of global greenhouse gas (GHG) emissions. It can be made locally, has a broad range of structural applications, and is cost-effective. Concrete is a mixture of fine and coarse aggregate, water, cement binder (the glue), and other additives.

    Q: Why isn’t it sustainable, and what research problems are you trying to tackle with this project?

    Olivetti: The community is working on several ways to reduce the impact of this material, including alternative fuels use for heating the cement mixture, increasing energy and materials efficiency and carbon sequestration at production facilities, but one important opportunity is to develop an alternative to the cement binder.

    While cement is 10 percent of the concrete mass, it accounts for 80 percent of the GHG footprint. This impact is derived from the fuel burned to heat and run the chemical reaction required in manufacturing, but also the chemical reaction itself releases CO2 from the calcination of limestone. Therefore, partially replacing the input ingredients to cement (traditionally ordinary Portland cement or OPC) with alternative materials from waste and byproducts can reduce the GHG footprint. But use of these alternatives is not inherently more sustainable because wastes might have to travel long distances, which adds to fuel emissions and cost, or might require pretreatment processes. The optimal way to make use of these alternate materials will be situation-dependent. But because of the vast scale, we also need solutions that account for the huge volumes of concrete needed. This project is trying to develop novel concrete mixtures that will decrease the GHG impact of the cement and concrete, moving away from the trial-and-error processes towards those that are more predictive.

    Chen: If we want to fight climate change and make our environment better, are there alternative ingredients or a reformulation we could use so that less greenhouse gas is emitted? We hope that through this project using machine learning we’ll be able to find a good answer.

    Q: Why is this problem important to address now, at this point in history?

    Olivetti: There is urgent need to address greenhouse gas emissions as aggressively as possible, and the road to doing so isn’t necessarily straightforward for all areas of industry. For transportation and electricity generation, there are paths that have been identified to decarbonize those sectors. We need to move much more aggressively to achieve those in the time needed; further, the technological approaches to achieve that are more clear. However, for tough-to-decarbonize sectors, such as industrial materials production, the pathways to decarbonization are not as mapped out.

    Q: How are you planning to address this problem to produce better concrete?

    Olivetti: The goal is to predict mixtures that will both meet performance criteria, such as strength and durability, with those that also balance economic and environmental impact. A key to this is to use industrial wastes in blended cements and concretes. To do this, we need to understand the glass and mineral reactivity of constituent materials. This reactivity not only determines the limit of the possible use in cement systems but also controls concrete processing, and the development of strength and pore structure, which ultimately control concrete durability and life-cycle CO2 emissions.

    Chen: We investigate using waste materials to replace part of the cement component. This is something that we’ve hypothesized would be more sustainable and economic — actually waste materials are common, and they cost less. Because of the reduction in the use of cement, the final concrete product would be responsible for much less carbon dioxide production. Figuring out the right concrete mixture proportion that makes endurable concretes while achieving other goals is a very challenging problem. Machine learning is giving us an opportunity to explore the advancement of predictive modeling, uncertainty quantification, and optimization to solve the issue. What we are doing is exploring options using deep learning as well as multi-objective optimization techniques to find an answer. These efforts are now more feasible to carry out, and they will produce results with reliability estimates that we need to understand what makes a good concrete.

    Q: What kinds of AI and computational techniques are you employing for this?

    Olivetti: We use AI techniques to collect data on individual concrete ingredients, mix proportions, and concrete performance from the literature through natural language processing. We also add data obtained from industry and/or high throughput atomistic modeling and experiments to optimize the design of concrete mixtures. Then we use this information to develop insight into the reactivity of possible waste and byproduct materials as alternatives to cement materials for low-CO2 concrete. By incorporating generic information on concrete ingredients, the resulting concrete performance predictors are expected to be more reliable and transformative than existing AI models.

    Chen: The final objective is to figure out what constituents, and how much of each, to put into the recipe for producing the concrete that optimizes the various factors: strength, cost, environmental impact, performance, etc. For each of the objectives, we need certain models: We need a model to predict the performance of the concrete (like, how long does it last and how much weight does it sustain?), a model to estimate the cost, and a model to estimate how much carbon dioxide is generated. We will need to build these models by using data from literature, from industry, and from lab experiments.

    We are exploring Gaussian process models to predict the concrete strength, going forward into days and weeks. This model can give us an uncertainty estimate of the prediction as well. Such a model needs specification of parameters, for which we will use another model to calculate. At the same time, we also explore neural network models because we can inject domain knowledge from human experience into them. Some models are as simple as multi-layer perceptions, while some are more complex, like graph neural networks. The goal here is that we want to have a model that is not only accurate but also robust — the input data is noisy, and the model must embrace the noise, so that its prediction is still accurate and reliable for the multi-objective optimization.

    Once we have built models that we are confident with, we will inject their predictions and uncertainty estimates into the optimization of multiple objectives, under constraints and under uncertainties.

    Q: How do you balance cost-benefit trade-offs?

    Chen: The multiple objectives we consider are not necessarily consistent, and sometimes they are at odds with each other. The goal is to identify scenarios where the values for our objectives cannot be further pushed simultaneously without compromising one or a few. For example, if you want to further reduce the cost, you probably have to suffer the performance or suffer the environmental impact. Eventually, we will give the results to policymakers and they will look into the results and weigh the options. For example, they may be able to tolerate a slightly higher cost under a significant reduction in greenhouse gas. Alternatively, if the cost varies little but the concrete performance changes drastically, say, doubles or triples, then this is definitely a favorable outcome.

    Q: What kinds of challenges do you face in this work?

    Chen: The data we get either from industry or from literature are very noisy; the concrete measurements can vary a lot, depending on where and when they are taken. There are also substantial missing data when we integrate them from different sources, so, we need to spend a lot of effort to organize and make the data usable for building and training machine learning models. We also explore imputation techniques that substitute missing features, as well as models that tolerate missing features, in our predictive modeling and uncertainty estimate.

    Q: What do you hope to achieve through this work?

    Chen: In the end, we are suggesting either one or a few concrete recipes, or a continuum of recipes, to manufacturers and policymakers. We hope that this will provide invaluable information for both the construction industry and for the effort of protecting our beloved Earth.

    Olivetti: We’d like to develop a robust way to design cements that make use of waste materials to lower their CO2 footprint. Nobody is trying to make waste, so we can’t rely on one stream as a feedstock if we want this to be massively scalable. We have to be flexible and robust to shift with feedstocks changes, and for that we need improved understanding. Our approach to develop local, dynamic, and flexible alternatives is to learn what makes these wastes reactive, so we know how to optimize their use and do so as broadly as possible. We do that through predictive model development through software we have developed in my group to automatically extract data from literature on over 5 million texts and patents on various topics. We link this to the creative capabilities of our IBM collaborators to design methods that predict the final impact of new cements. If we are successful, we can lower the emissions of this ubiquitous material and play our part in achieving carbon emissions mitigation goals.

    Other researchers involved with this project include Stefanie Jegelka, the X-Window Consortium Career Development Associate Professor in the MIT Department of Electrical Engineering and Computer Science; Richard Goodwin, IBM principal researcher; Soumya Ghosh, MIT-IBM Watson AI Lab research staff member; and Kristen Severson, former research staff member. Collaborators included Nghia Hoang, former research staff member with MIT-IBM Watson AI Lab and IBM Research; and Jeremy Gregory, research scientist in the MIT Department of Civil and Environmental Engineering and executive director of the MIT Concrete Sustainability Hub.

    This research is supported by the MIT-IBM Watson AI Lab. More

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    Energy hackers give a glimpse of the postpandemic future

    After going virtual in 2020, the MIT EnergyHack was back on campus last weekend in a brand-new hybrid format that saw teams participate both in person and virtually from across the globe. While the hybrid format presented new challenges to the organizing team, it also allowed for one of the most diverse and inspiring iterations of the event to date.

    “Organizing a hybrid event was a challenging but important goal in 2021 as we slowly come out of the pandemic, but it was great to realize the benefits of the format this year,” says Kailin Graham, a graduate student in MIT’s Technology and Policy Program and one of the EnergyHack communications directors. “Not only were we able to get students back on campus and taking advantage of those important in-person interactions, but preserving a virtual avenue meant that we were still able to hear brilliant ideas from those around the world who might not have had the opportunity to contribute otherwise, and that’s what the EnergyHack is really about.”

    In fact, of the over 300 participants registered for the event, more than a third participated online, and two of the three grand prize winners participated entirely virtually. Teams of students at any degree level from any institution were welcome, and the event saw an incredible range of backgrounds and expertise, from undergraduates to MBAs, put their heads together to create innovative solutions.

    This year’s event was supported by a host of energy partners both in industry and within MIT. The MIT Energy and Climate Club worked with sponsoring organizations Smartflower, Chargepoint, Edison Energy, Line Vision, Chevron, Shell, and Sterlite Power to develop seven problem statements for hackers, with each judged by representatives form their respective organization. The challenges ranged from envisioning the future of electric vehicle fueling to quantifying the social and environmental benefits of renewable energy projects.

    Hackers had 36 hours to come up with a solution to one challenge, and teams then presented these solutions in a short pitch to a judging panel. Finalists from each challenge progressed to the final judging round to pitch against each other in pursuit of three grand prizes. Team COPrs came in third, receiving $1,000 for their solution to the Line Vision challenge; Crown Joules snagged second place and $1,500 for their approach to the Chargepoint problem; and Feel AMPowered took out first place and $2,000 for their innovative solution to the Smartflower challenge.

    In addition to a new format, this year’s EnergyHack also featured a new emphasis on climate change impacts and the energy transition. According to Arina Khotimsky, co-managing director of EnergyHack 2021, “Moving forward after this year’s rebranding of the MIT Energy and Climate Club, we were hoping to carry this aim to EnergyHack. It was incredibly exciting to have ChargePoint and SmartFlower leading as our Sustainability Circle-tier sponsors and bringing their impactful innovations to the conversations at EnergyHack 2021.”

    To the organizing team, whose members from sophomores to MBAs, this aspect of the event was especially important, and their hope was for the event to inspire a generation of young energy and climate leaders — a hope, according to them, that seems to have been fulfilled.

    “I was floored by the positive feedback we received from hackers, both in-person and virtual, about how much they enjoyed the hackathon,” says Graham. “It’s all thanks to our team of incredibly hardworking organizing directors who made EnergyHack 2021 what it was. It was incredibly rewarding seeing everyone’s impact on the event, and we are looking forward to seeing how it evolves in the future.”­­­ More

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    Energy hackers give a glimpse of a postpandemic future

    After going virtual in 2020, the MIT EnergyHack was back on campus last weekend in a brand-new hybrid format that saw teams participate both in person and virtually from across the globe. While the hybrid format presented new challenges to the organizing team, it also allowed for one of the most diverse and inspiring iterations of the event to date.

    “Organizing a hybrid event was a challenging but important goal in 2021 as we slowly come out of the pandemic, but it was great to realize the benefits of the format this year,” says Kailin Graham, a graduate student in MIT’s Technology and Policy Program and one of the EnergyHack communications directors. “Not only were we able to get students back on campus and taking advantage of those important in-person interactions, but preserving a virtual avenue meant that we were still able to hear brilliant ideas from those around the world who might not have had the opportunity to contribute otherwise, and that’s what the EnergyHack is really about.”

    In fact, of the over 300 participants registered for the event, more than a third participated online, and two of the three grand prize winners participated entirely virtually. Teams of students at any degree level from any institution were welcome, and the event saw an incredible range of backgrounds and expertise, from undergraduates to MBAs, put their heads together to create innovative solutions.

    This year’s event was supported by a host of energy partners both in industry and within MIT. The MIT Energy and Climate Club worked with sponsoring organizations Smartflower, Chargepoint, Edison Energy, Line Vision, Chevron, Shell, and Sterlite Power to develop seven problem statements for hackers, with each judged by representatives form their respective organization. The challenges ranged from envisioning the future of electric vehicle fueling to quantifying the social and environmental benefits of renewable energy projects.

    Hackers had 36 hours to come up with a solution to one challenge, and teams then presented these solutions in a short pitch to a judging panel. Finalists from each challenge progressed to the final judging round to pitch against each other in pursuit of three grand prizes. Team COPrs came in third, receiving $1,000 for their solution to the Line Vision challenge; Crown Joules snagged second place and $1,500 for their approach to the Chargepoint problem; and Feel AMPowered took out first place and $2,000 for their innovative solution to the Smartflower challenge.

    In addition to a new format, this year’s EnergyHack also featured a new emphasis on climate change impacts and the energy transition. According to Arina Khotimsky, co-managing director of EnergyHack 2021, “Moving forward after this year’s rebranding of the MIT Energy and Climate Club, we were hoping to carry this aim to EnergyHack. It was incredibly exciting to have ChargePoint and SmartFlower leading as our Sustainability Circle-tier sponsors and bringing their impactful innovations to the conversations at EnergyHack 2021.”

    To the organizing team, whose members from sophomores to MBAs, this aspect of the event was especially important, and their hope was for the event to inspire a generation of young energy and climate leaders — a hope, according to them, that seems to have been fulfilled.

    “I was floored by the positive feedback we received from hackers, both in-person and virtual, about how much they enjoyed the hackathon,” says Graham. “It’s all thanks to our team of incredibly hardworking organizing directors who made EnergyHack 2021 what it was. It was incredibly rewarding seeing everyone’s impact on the event, and we are looking forward to seeing how it evolves in the future.”­­­ More

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    MIT Energy Night 2021: Connecting global innovators to local talent

    On Oct. 29, leading clean technology innovators from around the world convened virtually and in-person on the MIT campus for the MIT Energy and Climate (MITEC) Club’s Energy Night 2021.

    The event featured an array of participants and attendees — from MIT students and faculty to investors, engineers, and established and early-stage companies — all committed to developing cutting-edge technologies to address climate and energy challenges.   

    The event began with a series of virtual presentations and panels that featured speakers from premier players in the climate and technology spheres. Those presenting included policymakers and market enablers, such as ARPA-E and Actuate, investors and accelerators, like TDK Ventures and Prime Coalition, along with numerous startups, including Commonwealth Fusion Systems and Infinite Cooling. The goal was to discuss how nascent technologies could crystalize into viable solutions.

    “A lot of project ideas have the potential to be commercialized,” explains Anne Liu, a research assistant at the MIT Materials Systems Lab and the event’s co-managing director. “So, the goal of our virtual session was to explore the business side of the energy ecosystem by inviting leaders to discuss how to turn ideas into successful companies.”

    While the virtual session explored commercialization, the poster session presented early-stage innovation. It featured more than 70 posters by scientists, startups, and engineers from across the MIT community and far beyond.

    “The poster session is one of the most exciting parts of Energy Night,” says Naomi Lutz, a fourth-year undergraduate in the Department of Mechanical Engineering. “It provides a great opportunity to step back and learn more about what others are doing in specific areas of energy.”

    The work featured spanned the climate and energy sphere, ranging from nuclear fusion to carbon capture — and even included a proposal for solar smokestacks.

    “There are so many topics in energy and climate. And, yet it’s common to only connect with those in your specific track,” says Alexandra Steckmest, one of the event’s organizers and an MBA candidate at MIT Sloan School of Management. “So, we designed the poster session as a platform for people to connect with those from different realms of the energy sector.”

    To the MITEC team, presenting this broader spectrum of research isn’t just exciting — it’s necessary.

    “This is such a rapidly changing industry,” says Steckmest. “So, it’s important to have so many industry experts share information about the changes that are going on in it.”

    The event’s hybrid format, therefore, responded to more than just the Covid-19 pandemic: it also catered to the global, collaborative, and continuously evolving nature of the energy and cleantech industries.

    “After some discussion, we decided on this hybrid format,” explains Liu. “We wanted to ensure that we could have the interactivity of an in-person event while also reaching the much broader audience we had cultivated during last year’s entirely remote format.”

    The new hybrid format helped the team cast a wide net. In total, 400 people attended the in-person poster session while nearly an additional 400 people attended virtually from around the world.

    Yet, despite an increasingly global scope, Energy Night still retained a distinctly local composition. Numerous companies present at the virtual session hailed from across Greater Boston, and, quite often, near MIT: Commonwealth Fusion Systems and Infinite Cooling retain offices within Somerville or Cambridge, and each spawned from MIT.

    “There are so many companies coming out of [MIT] that go on to establish themselves in Boston and Cambridge,” notes Steckmest. “That makes [Energy Night] well-positioned to build connections and generate value for local accelerators.”

    MITEC continues to cultivate these local connections while also contributing to Boston’s unique cleantech culture.

    “What sets Boston apart is its emphasis on long-term solutions that are not always easily achievable through conventional venture capital,” says Liu.

    When planning Energy Night, she and her team sought to invite both short- and long-term solutions to showcase Boston’s aspirational culture while also offering a venue for established investors to seek new, more readily deployable technologies.

    Perhaps the greatest testament to Energy Night’s ongoing success is its tendency to come full circle.

    “Over the past few years, we’ve featured serial presenters from MIT that have gone on to found their own companies,” explains Liu. “So, for a lot of projects, we see a transition from an idea to a successful business.”

    Form Energy, for instance, is an MIT spinoff founded in 2017 with the mission of creating low-cost, long-term energy storage. Its stature grew greatly following its presence at Energy Night in 2019, after which it attracted $40 million in venture capital funding.

    “Whether you’re a first-year undergraduate or a long-time member of the energy and cleantech industries, we want Energy Night to generate these driving connections that lead to professional growth, as well as successful partnerships,” says Steckmest. More