the view from heti

Houston is at the heart of an 'all of the above' energy transition strategy

Jane Stricker, executive director of HETI, on two years of the organization and the dual challenge the industry faces. Photo via GHP

As the Houston region continues to have important conversations about energy and climate in the energy capital of the world, it’s helpful to frame the discussion in terms of the dual challenge.

On one hand, our world needs energy companies across all sectors to continue to develop and deliver energy for all parts of the world – energy that is affordable and reliable and can enable the level of population and GDP growth anticipated over the next 30 years. At the same time, we need to find a way to significantly reduce the greenhouse gas emissions associated with the production and distribution of that energy to reduce the risks and impacts associated with climate change on our world.

As the global energy landscape continues to evolve – across the entire value chain, just in the two years since HETI was launched, there is an even greater urgency to leverage all available solutions to address the dual challenge.

We must be able to recognize that there is no silver bullet, no single technology and no single source of energy today that can get the world to net zero by 2050. However, that doesn’t mean we should give up. As the energy transition capital of the world, Houston continues to demonstrate that can lead in developing and deploying “all of the above” energy solutions needed to reach our ambitious goals.

With over 200 new cleantech and climatetech startups alongside some of the largest energy leaders who know how to scale technology, Houston is uniquely positioned to lead the way in technology development and commercial deployment to meet the dual challenge. Whether it’s implementing a carbon capture and storage project along Houston’s ship channel, piloting small modular nuclear reactor technology to enable zero carbon energy for chemical production in Seadrift, or converting an abandoned landfill in the middle of Houston’s Sunnyside community into the largest urban solar farm in the U.S. to create both zero carbon power and economic opportunity for the community, Houston is charging forward on all fronts to meet the dual challenge.

We cannot afford to sacrifice progress in search of a perfect solution, and Houston embraces this perspective in the way our region is coming together across the entire energy ecosystem to build on our leadership and lead the world to an energy-abundant, low-carbon future.

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This article originally ran on the Greater Houston Partnership's Houston Energy Transition Initiative blog. HETI exists to support Houston's future as an energy leader. For more information about the Houston Energy Transition Initiative, EnergyCapitalHTX's presenting sponsor, visit htxenergytransition.org.

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A View From HETI

ExxonMobil says it will "slow the pace" of development of its $10 billion plastics manufacturing plant. Photo via Getty Images.

Editor's note: The top energy transition news for Oct. 15-31 includes AI integration among energy leaders and the most promising startups from an annual pitch competition. Here are the most-read EnergyCapitalHTX stories for the second half of October:

1. 2 Houston energy giants appear on Fortune’s inaugural AI ranking

ExxonMobil is on Fortune's first-ever AIQ ranking. Getty Images

Two Houston-area energy leaders appear on Fortune’s inaugural list of the top adopters of AI among Fortune 500 companies. They are: No. 7 energy company ExxonMobil, based in Spring and No. 47 energy company Chevron, based in Houston. They are joined by Spring-based tech company Hewlett Packard Enterprise, No. 19. All three companies have taken a big dive into the AI pool. Continue reading.

2. Energy Tech Nexus names 8 startup winners from Pilotathon pitch event

Eight startups were given awards at Energy Tech Nexus' Pilotathon. Photo via Getty Images.

Energy Tech Nexus held its Pilotathon and Showcase during the second annual Houston Energy & Climate Startup Week last month and granted awards to eight startups. This year's event, focused on the theme "Energy Access and Resilience," offered 24 startups an opportunity to pitch their pilot projects. Continue reading.

3. Houston organization proposes Gulf Coast index for hydrogen market

The Clean Hydrogen Buyers Alliance plans to create the Gulf Coast Hydrogen Index to bring to bring transparency and confidence to hydrogen pricing. Photo via Getty Images

The Clean Hydrogen Buyers Alliance has proposed an index aimed at bringing transparency to pricing in the emerging hydrogen market. The Houston-based alliance said the Gulf Coast Hydrogen Index, based on real-time data, would provide more clarity to pricing in the global market for hydrogen. The benchmarking effort is being designed to benefit clean hydrogen buyers, sellers and investors. The index would help position the U.S. “as the trading anchor for hydrogen’s next chapter as a globally traded commodity,” the alliance said. Continue reading.

4. Houston clean energy company to develop hybrid renewable project in Port Arthur

The new Pleasure Island Power Collective in Port Arthur is expected to generate 391 megawatts of clean power. Photo via unsplash.

Houston-based clean energy company Diligence Offshore Services has announced a strategic partnership with Florida-based floating solar manufacturing company AccuSolar for the development of a renewable energy project in the Port Arthur area. Known as the Pleasure Island Power Collective, it will be built on 2,275 acres across Pleasure Island and Sabine Lake. It is expected to generate 391 megawatts of clean power, alongside a utility-scale battery energy storage system. Continue reading.

5. Port Houston reports emissions progress as cargo volumes climb

Ric Campo says Port Houston is “moving in the right direction.” Photo via Getty Images.

Port Houston’s initiatives to reduce emissions have shown some positive results, according to new data from the Port of Houston Authority. Pulling from the Goods Movement Emissions Inventory (GMEI) report, which tracks port-related air emissions, Port Houston cited several improvements compared to the most recent report from 2019. Continue reading.

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