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3 things to know: Houston energy co. rings closing bell, events to know about, and more

Houston energy transition folks: Here's what to know this week. Photo via Getty Images

Editor's note: It's a new week — start it strong with three quick things to know in Houston's energy transition: events not to miss, a win for an energy startup, and more.

Events not to miss

Add these events to your radar:

  • November 30 - Carbon to Value Initiative Year 3 Final Showcase will be streamed online. Register.
  • December 4 - Pumps & Pipes Annual Event is Houston's premier innovation gathering bringing together cross-industry leaders for engaging discussions and top tier networking opportunities. Register.
  • December 7 - Greentown Labs Investor Speaker Series: Both Sides of the Coin will host a thoughtful fireside chat followed by networking. Register.

Houston startup rings NYSE closing bell

A Houston company got to take the national stage by ringing the closing bell at the New York Stock Exchange, and for Katie Mehnert, founder of ALLY Energy, it was a chance to reflect on the progress the industry as a whole has progressed.

"As I stood on the platform at the world’s largest stock exchange to ring the closing bell, surrounded by 130 people from across the energy industry, I saw it clearly: how the private sector will play a major role in getting us to an era of net zero," Mehnert writes in her guest column. Read the full piece here.

Deadline not to miss: ACCEL

Advancing Climatetech and Clean Energy Leaders Program, or ACCEL, has opened applications for it's second cohort. The program — from Greentown Labs and Browning the Green Space — provides access to funding, networking connections, incubation space, mentorship, resources, and opportunities for energy tech founders of color for a year.

“ACCEL is one of the most impactful, meaningful programs we’ve run to date,” Greentown Labs CEO and President Kevin Knobloch says in a news release. “We are eager to expand upon the great success and momentum of year one, and to welcome another incredible cohort of BIPOC-led startups that are developing much-needed climatetech solutions. We’re equally committed to helping these companies accelerate and deploy their solutions, while also helping to build a more diverse, inclusive climatetech workforce—ACCEL sits at the nexus of those two critical efforts.” Read more about the program.

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A View From HETI

The high-performance permanent magnets are vital components in electric vehicles, industrial motors, generators, electronics and other advanced technologies. Photo courtesy UH

University of Houston researchers are leading an effort to find alternatives to a key element of the U.S. economy.

A UH-led coalition is exploring the use of AI to design and manufacture next-generation permanent magnets for the energy and industrial sectors. The project seeks to develop new, more sustainable magnets that reduce U.S. reliance on vulnerable foreign sources of critical minerals, primarily China.

A nearly $2.9 million grant from the U.S. Department of Energy supports the work.

“Rare earth elements, critical minerals, and magnets are indispensable to American energy, industry, and national security,” Conner Prochaska, director of the Advanced Research Projects Agency–Energy, said in a news release. “These projects will accelerate domestic mineral discovery and develop ultra-powerful magnets to mobilize U.S. critical mineral reserves, safeguard supply chains, and protect American energy and economic interests.”

Over the three-year grant period, principal investigator Jakoah Brgoch, a chemistry professor at UH, will head the Guided AI for Magnetic Boride/Carbide Intermetallic Technologies (GAMBIT) project. Brgosh was one of seven new senior members from UH named to the National Academy of Inventors earlier this year.

Other members of the team include Joshua Bocarsly, an assistant professor in the UH chemistry department; scientists at Rice University; and Houston-based startup Newfound Materials, which occupies space at Greentown Labs.

The UH-led team aims to surpass the properties of neodymium iron boron, the current industry-standard material for high-performance permanent magnets. These magnets are vital components in electric vehicles, industrial motors, generators, electronics and other advanced technologies.

“Strong magnets are used all over our economy. For example, many modern air-conditioning systems rely on permanent-magnet motors to drive compressors and blower fans,” Brgoch said.

“This has been a longstanding challenge to think about how we replace these magnets with high-performing and more reliable materials, and optimization by just replacing elements is not working,” Brgoch added. “Our goal is to use AI to find entirely new materials while simultaneously balancing these supply constraint concerns.”

The research team will work on discovering and testing potential magnet replacements. According to UH, the project’s ultimate goal is to commercialize the magnets through a new startup or by expanding Newfound Materials’ business units. The local startup has developed a predictive engine for materials research and development.

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