Donation from Shell Exploration & Production Company to Fund Harvard Energy Policy Research

Contact: Doug Gavel
Phone: (617) 495-1115
Date: October 29, 2007

Cambridge, MA – Harvard’s Kennedy School of Governmentis the recipient of a five-year $3,750,000 donation from the Shell Exploration & Production Company, it was announced today by Kennedy School Dean David T. Ellwood. The funds will be used to enhance and expand Harvard University research efforts on critical issues of energy policy.

The research will be conducted through multidisciplinary efforts spanning centers and schools across Harvard designed to foster and incubate new ideas and policy solutions. Program funding will be administered by the Kennedy School’s Mossavar-Rahmani Center for Business and Government. Program partners include the Harvard University Center for the Environment, Harvard Business School, the Kennedy School’s Belfer Center for Science and International Affairs, the Harvard Electricity Policy Group (HEPG), and the Energy Technology Innovation Program (ETIP).

"This generous contribution from Shell will provide Harvard University with funds necessary to move forward with exciting research on issues of critical importance to our global future," said Dean Ellwood. "The Kennedy School is pleased to lead this collaborative effort."

William Hogan, Raymond Plank Professor of Global Energy Policy and Research Director of HEPG, remarked, "from oil exploration to alternative fuels, from climate change to energy markets, immense energy policy challenges face us and the rest of the world and are growing more complex and urgent with each passing year. Harvard is positioned to bring together the range of knowledge and resources necessary to examine these questions and identify possible solutions."

"Our nation is facing multiple hard truths about energy security, tight supply, growing demand and climate change. Greater access to conventional resources and accelerated development of alternatives are both needed," said Marvin Odum, Executive Vice President of Shell Exploration & Production Americas. "Shell believes research programs such as this can find workable, real-world solutions to some of our most pressing energy challenges."

Under the terms of the $3,750,000 commitment, Shell will provide $750,000 each year to Harvard over each of the next five years. The terms may then be renewed for another five years should all parties agree. Harvard, in turn, will continue to seek other funding sources to provide additional financial support for its ongoing energy research programs.

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About Shell:
Shell Exploration & Production Americas is the operating organization for the Exploration and Production business of Royal Dutch Shell plc in the Western Hemisphere. This organization includes Shell Exploration & Production Company and Aera Energy Company in the U.S., and Shell's upstream operating companies in Argentina, Brazil, and Venezuela. Shell is an integrated oil and gas company, dedicated to meeting ever growing energy demands efficiently and responsibly. Shell EP Americas puts sustainability, the search for viable new energy sources and the application of innovative technologies at the heart of how we do business.

About the Kennedy School:
Harvard’s Kennedy School of Government maintains an abiding commitment to advancing the public interest by training skilled, enlightened leaders and solving public problems through world-class scholarship and active engagement with practitioners and decision makers. The school offers the depth, reflection, insight, and excellence of ideas and teaching that can shape future leaders, affect public policies, and make an impact on people and their daily lives.

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