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DOE names Houston energy transition leader to advisory committee

Joe Powell has been named to a committee for the United States Department of Energy. Photo courtesy of UH

U.S. Energy Secretary Jennifer Granholm appointed a Houston leader to a prestigious committee.

Joe Powell, founding executive director of the Energy Transition Institute at the University of Houston, has been named to the U.S. Department of Energy’s Industrial Technology Innovation Advisory Committee (ITIAC), which consists of 18 members of “diverse stakeholders” according to a news release from the university.

“The collaborative work of the ITIAC aligns seamlessly with the mission of the Energy Transition Institute at the University of Houston," Powell says in a news release. “Together, we will endeavor to drive impactful change in the realm of industrial decarbonization and pave the way for a sustainable future.”

Powell brings 36 years of industry experience to the committee, as he is a distinguished member of the National Academy of Engineering (NAE) and former chief scientist at Shell. He was recruited by the University of Houston in 2022 through a matching grant from the Texas Governor’s University Research Initiative (GURI).

The Energy Transition Institute at UH focuses on hydrogen, carbon management, and circular plastics and collaborates closely with the University's Hewlett Packard Enterprise Data Science Institute and researchers from various disciplines, and other partners in academia and various industries.

Also named to the committee is Chevron Technology Venture's general manager of strategy and technology, Akshay Sahni.

The committee’s mandate includes identifying potential investment opportunities and technical assistance programs. They also assist in helping to bring decarbonization technologies into the marketplace. Committee members will evaluate DOE’s department-wide decarbonization efforts, which includes initiatives that advance the two Energy Earthshots related to industrial decarbonization in the Clean Fuels & Products Shot and the Industrial Heat Shot.

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A View From HETI

Shell's Woodcreek campus is home to about 67,000 workers. Photo courtesy HOK

Energy giant Shell has put its U.S. headquarters in Houston’s Energy Corridor on the market and is exploring the sale of its U.S. chemical business.

Green Street News reported Shell just listed its longtime Energy Corridor campus at 150 N. Dairy Ashford Road. The asking price is $325 million, The Real Deal reported. Shell plans to lease back half of the nearly 1.5 million-square-foot Woodcreek campus for 15 years.

A sale-leaseback deal could transform the 43.6-acre campus into a multitenant hub, CoStar News reported.

“Houston is a critical hub for Shell globally and the headquarters of our U.S. businesses,” a Shell spokesperson told the Houston Business Journal. “We remain committed to Houston and are evaluating opportunities to optimize our Woodcreek campus as part of our ongoing review of workplace needs while maintaining a strong presence in the city.”

Shell occupied its first building at the West Houston campus in 1980. The company employs more than 6,000 people in Texas.

Shell is one of the highest-profile businesses occupying space in the Energy Corridor. It’s home to 67,000 workers, more than 27 million square feet of office and mixed-use space, and 3.8 million square feet of retail and restaurant space.

Shell considers $8B sale of chemical business

As the company seeks to unload its Woodcreek campus, The Financial Times reported Shell is looking into selling its U.S. chemical business. The price tag: $8 billion.

Potential buyers include Spring-based ExxonMobil and Houston-based LyondellBasell.

Shell operates four chemical plants in Texas, Louisiana and Pennsylvania, producing an array of chemicals for use in plastics, detergents and pharmaceuticals.

Shell CEO Wael Sawan said last year that the company had spent $45 billion in capital “that is underperforming for us,” split between its chemical business and renewable energy arm.

Shell also agreed to sell its solar and wind power business in India this summer. Read more here.

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