MEI2 will drive UMD energy innovations in partnership with Mtech and Commerce. Moreover, with MCEC integrated into MEI2 its role as a “green bank” investment vehicle will be instrumental in facilitating capital to support technology commercialization and project development, and provide a direct link to various energy sector stakeholders, industry, and utility partners. MCEC can coordinate outreach and education with consumer audiences, convene stakeholder partners, promote and coordinate conferences and events that raise the profile of the work undertaken at MEI2 to a broader national and international audience.
As a result, MEI2 will:
· Advance the UMD Research Enterprise – by increasing the visibility and impact of UMD energy and environmental research.
· Support State of Maryland Agencies - Provide a centralized institute for the MEA, Commerce, DNR, PSC and Governor's needs with respect to specific energy expertise, including serving on governmental committees and providing input to reports.
· Increase Economic Growth in Maryland - Accelerate Maryland's energy innovation ecosystem creating new companies and jobs, as well as assisting economic development officials in attracting companies to Maryland.