[Asia Future Business Forum] William Chu: "Decarbonization... Speed of R&D is Key"

William Chu, Professor of Materials Science and Engineering at Stanford University, is giving a lecture at the '2022 Asia Future Business Forum' hosted by Asia Economy on the 27th at the Western Chosun Hotel in Jung-gu, Seoul. Photo by Hyunmin Kim kimhyun81@

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William Chu, Professor of Materials Science and Engineering at Stanford University and Senior Research Fellow at the Precourt Energy Institute, emphasized on the 27th that "the most important factor in decarbonization is the speed of research and development (R&D)."

Professor Chu attended the '10th 2022 Asia Future Business Forum' held at the Western Chosun Hotel in Seoul and gave a lecture titled 'Innovative Technologies for Carbon Neutral Growth,' presenting on 'Stanford's Battery Technology Development.'

He first highlighted the importance of the innovation ecosystem connecting Stanford and Silicon Valley. Professor Chu stated, "The boundaries between universities, startups, and industries must be decentralized," adding, "System-level thinking is necessary for carbon neutrality."

He explained that through this approach, the IT innovations of the 1990s achieved by Silicon Valley, as well as recent advances in the bio and energy sectors, were realized.

Regarding battery technology, he emphasized the organic connection between companies and universities. He said, "The battery field is too complex to be decided by any single entity," and "It is necessary to collaborate with universities and others for efficiency."

He particularly mentioned the importance of 'speed' in the globally critical issue of decarbonization. Professor Chu explained, "Artificial intelligence (AI) and materials development are among the most important factors in decarbonization," and "(To achieve this) Stanford startups have succeeded in reducing materials development time by more than tenfold." He cited as an example Stanford University completing an R&D process expected to take two years in less than a month.

Professor Chu leads global industry-academia research accelerating decarbonization through energy transition, electric transportation, and intermittent renewable energy supply. He is also recognized as one of the most renowned global scholars in the battery field through his outstanding research to improve the lifespan and performance of lithium-ion batteries.

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