taking notes
Things to know: ExxonMobil's big EV battery deal, events not to miss, and more
Editor's note: Dive headfirst into the new week with three quick things to catch up on in Houston's energy transition.
Events not to miss
Put these Houston-area energy-related events on your calendar.
- The 5th Texas Energy Forum 2024, organized by U.S. Energy Stream, will take place on August 21 and 22 at the Petroleum Club of Houston. Register now.
- Hart Energy's New Energies Summit is taking place on August 27 to 28 at the Hilton Americas - Houston. Register now.
- The inaugural Houston Energy and Climate Startup Week will take place September 9 to 13. Learn more.
- Gastech will be hosted in Houston this year. The event is September 17 to 20 at the George R Brown Convention Center. Register now.
Podcast: Ali Mostafavi, founder of Resilitix.AI, on Houston as a leader in resillience technology
Ali Mostafavi, founder of Resilitix.AI, joins the Houston Innovators Podcast to discuss how he pivoted to provide important data amid Hurricane Beryl. Photo via tamu.edu
When it comes to developing resilience technology, Houston startup founder Ali Mostafavi knows he's in the right place.
Mostafavi, a civil and environmental engineering professor at Texas A&M University, co-founded Resilitix.AI two years ago, and with the help of his lab at A&M, has created a platform that brings publicly available data into AI algorithms to provide its partners near-real time information in storm settings.
"We are very excited that our company is Houston based," he says on the Houston Innovators Podcast. "We should not be just ground zero of disasters. We have to also be ground zero for solutions as well. I believe Houston should be the hub for resilience tech innovation as it is for energy transition.
"I think energy transition, climatetech, energy tech, and disaster tech go hand in hand," Mostafavi continues. "I feel that we are in the right place." Read more.
Big deal: ExxonMobil's EV battery manufacturer off-take agreement
The off-take agreement will provide SK On with ExxonMobil's lithium produced in Arkansas. Photo via exxonmobil.com
ExxonMobil has signed a non-binding memorandum of understanding with South Korean electric vehicle battery developer SK On.
The deal aims to secure a multiyear off-take agreement of up to 100,000 metric tons of MobilTM Lithium from the company’s first planned project in Arkansas. SK On will use the lithium in its EV battery manufacturing operations in the United States, which will contribute to ExxonMobil’s 2023 goal of supplying lithium for nearly 1 million EV batteries annually by 2030, and also assist in the build out of a U.S. EV supply chain.
The Arkansas project proposes an extraction of lithium from underground saltwater deposits and converting it into battery-grade material onsite. The approach will produce lithium more efficiently and with fewer environmental impacts than traditional hard rock mining, according to ExxonMobil. Consumer electronics, energy storage systems, and other clean energy technologies have all shown increased use in lithium needs. Read more.