Eni and PASQAL together for the development of quantum computing solutions in the energy sector

Eni and PASQAL, a leading company in quantum computing, today announced the start of a collaboration for the development of latest generation quantum computing HPC (High Performance Computing) solutions for the energy sector.

Quantum computing is an emerging technology that uses the laws of quantum mechanics to solve problems that are too complex for classical computers. The application of quantum technology to the energy sector is an innovative tool that could further accelerate the energy transition.

Through its integrated approach, PASQAL is developing original and proprietary quantum algorithms to improve HPC workflows for a wide range of applications in the energy sector, which are currently being researched by Eni along the entire value chain.

Eni invests in digital technologies to increase the efficiency of its operations, to allow the creation of new business lines and support the net reduction of GHG emissions, with the aim of offering completely decarbonised products and services by 2050.

Eni manages one of the most powerful private supercomputers in the world, which is based in Eni's Green Data Center in Ferrera Erbognone (PV), one of the most sustainable and energy efficient data centers globally. The company is applying computational methods to a variety of different applications, including numerical simulation of reservoirs and reservoirs, magnetic confinement fusion and renewable energy. The use of PASQAL's proprietary algorithms will allow Eni to accelerate in these and other research fields, accessing further features of the HPC system.

“Digital and High Performance Computing are the drivers that make us faster, more efficient and responsible. Our HPC system is a vital tool for exploring the energy of the future”, said Dario Pagani, Eni's Head of Digital & High Performance Computing “PASQAL's quantum computers will allow us to integrate conventional HPC workflows in areas such as 'optimization and machine learning and to accelerate our research to create new solutions to the energy sector's most pressing problems”.

This R&D collaboration builds on Eni's Series A round investment in PASQAL in 2021 through its corporate venture capital vehicle Eni Next, dedicated to investing in high-growth start-ups to promote the energy transition towards a zero carbon future.

PASQAL is using this funding to produce its current commercial 100-qubit quantum computer and to develop its next-generation systems.

“Our collaboration with Eni will advance the most decisive research area in the energy sector,” said Georges-Olivier Reymond, CEO of PASQAL. “We are honored to have been selected by Eni, the world's leading energy company, which will make use of quantum computing to address the challenges of the energy transition. We look forward to working with Eni to explore new applications and define new use cases for our transformative technology."

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PASQAL

PASQAL builds quantum computers from neutral atoms ordered in 2D and 3D arrays to bring a practical quantum advantage to its customers and address real-world problems. PASQAL was founded in 2019 by Georges-Olivier Reymond, Christophe Jurczak, Professor Dr. Alain Aspect, Nobel Prize in Physics, 2022, Dr. Antoine Browaeys and Dr. Thierry Lahaye. PASQAL obtained financing of over 40 million euros, combining equity capital and non-dilutive financing.

Eni

Eni is an integrated energy company with over 30.000 people in 68 countries around the world. Its activities range from the development of new energy solutions to the more traditional exploration and production of hydrocarbons, to the refining and marketing of petroleum products and biofuels; from the generation and marketing of electricity to the production of renewable energy; from the development of chemical and bio-based products to environmental activities. Eni's decarbonisation strategy aims at net zero emissions by 2050. Eni intends to contribute to the achievement of the Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda, supporting a just energy transition, which responds with concrete and economically sustainable solutions to the challenge of climate change, promoting access to energy resources in an efficient and sustainable way for everyone.

Eni and PASQAL together for the development of quantum computing solutions in the energy sector