DuPont Chair & CEO: Science, Investment and Collaboration Can Deliver New Energy Solutions

  DuPont Chair & CEO: Science, Investment and Collaboration Can Deliver New
                               Energy Solutions

PR Newswire

WASHINGTON, Feb. 26, 2013

WASHINGTON, Feb. 26, 2013 /PRNewswire/ -- Innovative science, private sector
investment and public-private collaboration are the foundation for harnessing
new sources of energy, DuPont Chair and CEO Ellen Kullman told leaders today
at the 2013 Advanced Research Projects Agency-Energy (ARPA-E) Energy
Innovation Summit. Speaking to over 2,700 leaders from the U.S. energy
industry, government and academia, Kullman outlined how DuPont has developed
and brought to scale cost-effective sustainable solar energy with its
expertise in material science. Additionally, the company is commercializing
advanced renewable fuels through its strength in bioscience.

"Because of our long-term reliance on petroleum, there is no other challenge
in greater need of innovation than our modern energy needs," Kullman said.

With global energy demand expected to double by 2050, Kullman emphasized that
scientific innovation is the key to building a varied energy supply. "The
challenge we collectively face is how to make our energy mix more diverse,
sustainable and cleaner, while assuring that the world has all the energy it
needs to thrive," said Kullman. "We are applying our science to enable new
sources of energy in ways that make them accessible and affordable in global
markets."

Kullman outlined three essential elements which will make significant advances
in energy:

  oreal energy solutions take time and investment and require collaboration;
  oscience has to be translated into business if it is going to result in
    solutions that actually make a difference;
  oa stable energy policy encourages R&D investment in novel and
    transformative energy technologies.

In the area of solar energy, DuPont offers the broadest portfolio of specialty
materials for the photovoltaic industry globally. DuPont materials, which are
in over half of the world's more than 400 million solar panels installed since
1975, improve the power output and reliable lifetime of solar panels, helping
to reduce the overall cost of solar electricity and fuel its further
adoption.

"It's not enough to know who makes your modules or to rely on a 25-year
warranty from a three-year old company. You have to know what's in the
modules. Materials matter. We support the development of criteria and
standards for photovoltaic materials that buyers can use to specify
long-lasting modules."

DuPont also is currently commercializing two advanced renewable fuels:
cellulosic ethanol made from agricultural residues and dedicated energy crops
such as switchgrass, and biobutanol-- a high-performance "drop in" fuel fully
compatible with the current fuel and vehicle systems.

Kullman took the opportunity to support the U.S. Renewable Fuel Standard
(RFS). "Good government policy is critical and supports technology
development and early manufacturing until the new technology is mature enough
to stand on its own. There is no better illustration of this than the
Renewable Fuel Standard. The RFS has succeeded in doing what Congress
intended it to do. Continued policy stability will ensure continued
progress-- meaning renewable fuels technologies developed and optimized to
reach the scale and maturity needed to permanently impact American energy
security and consumer choice."

At the Summit, DuPont is helping to cultivate the next generation of energy
leaders through its sponsorship of the Student Program that enables 70
graduate-level students to attend the Summit, participate in additional
student-focused panel sessions and network with corporate recruiters. "We
must create pathways for the leaders of tomorrow to work at addressing energy
solutions today," said Kullman.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the
global marketplace in the form of innovative products, materials, and services
since 1802. The company believes that by collaborating with customers,
governments, NGOs, and thought leaders we can help find solutions to such
global challenges as providing enough healthy food for people everywhere,
decreasing dependence on fossil fuels, and protecting life and the
environment. For additional information about DuPont and its commitment to
inclusive innovation, please visit http://www.dupont.com.

SOURCE DuPont

Website: http://www.dupont.com
Contact: Dan Turner of DuPont, +1-302-774-0081 - office, +1-302-299-7628 -
cell, or daniel.a.turner@dupont.com
 
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