Editor'snote: From Shell's commitment to electric vehicle charging stations to a DOE-backed initiative in Houston, these are the top headlines that resonated with EnergyCapital readers on social media and daily newsletter this week.
Shell fuels energy transition with roll out of EV charging stations
After recently divesting from wind and solar energy initiatives, Shell has plans to quadruple EV charging stations in the next several years. Photo via shell.com
As it downshifts sales of fuel for traditional vehicles, energy giant Shell is stepping up its commitment to public charging stations for electric vehicles.
In a new report on energy transition, Shell lays out an aggressive plan for growing its public network of charging stations for electric vehicles (EVs). The company plans to boost the global number of public EV charging stations from about 54,000 today to around 70,000 by 2025 and about 200,000 by 2030.
The projected growth from today to 2030 would represent a 270 percent increase in the number of Shell-operated EV charging stations.
“We have a major competitive advantage in terms of locations, as our global network of service stations is one of the largest in the world,” Shell says in the report. Continue reading.
Houston initiative selected for DOE program developing hubs for clean energy innovation
A Houston-based initiative has been selected by the DOE to receive funding to develop clean energy innovation programming for startups and entrepreneurs. Photo via Getty Images
Houston has been selected as one of the hubs backed by a new program from the United States Department of Energy that's developing communities for clean energy innovation.
The DOE's Office of Technology Transitions announced the the first phase of winners of the Energy Program for Innovation Clusters, or EPIC, Round 3. The local initiative is one of 23 incubators and accelerators that was awarded $150,000 to support programming for energy startups and entrepreneurs.
The Houston-based participant is called "Texas Innovates: Carbon and Hydrogen Innovation and Learning Incubator," or CHILI, and it's a program meant to feed startups into the DOE recognized HyVelocity program and other regional decarbonization efforts. Continue reading.
Chevron backs carbon capture tech company in $45M investment round
Boulder, Colorado-based ION Clean Energy announces it has raised $45 million in financing. Photo via Getty Images
Chevron New Energies has a new cleantech company in its portfolio.
Boulder, Colorado-based ION Clean Energy announces it has raised $45 million in financing. The round was led by Chevron New Energies with participation from New York-based Carbon Direct Capital. Founded in 2008, ION's carbon dioxide capture technologies lower costs and make CO2 capture a more viable option for hard-to-abate emissions.
“We have truly special solvent technology. It is capable of very high capture efficiency with low energy use while simultaneously being exceptionally resistant to degradation with virtually undetectable emissions. That’s a pretty powerful combination that sets us apart from the competition. The investments from Chevron and Carbon Direct Capital are a huge testament to the hard work of our team and the potential of our technology,” ION founder and Executive Chairman Buz Brown says in a news release. Continue reading.
Houston engineering firm tapped as service partner for clean hydrogen production facility
The study is part of First State Hydrogen's plan to provide clean energy to Delaware and the U.S. mid-Atlantic region. Photo via Getty Images
A Houston company has scored an engineering services contract on a clean hydrogen production facility in the U.S. mid-Atlantic region.
KBR announced that it has been awarded the contract by First State Hydrogen, which is building an electrolysis-powered green hydrogen production project. The study is part of First State Hydrogen's plan to provide clean energy to Delaware and the U.S. mid-Atlantic region.
"We are excited to be a part of this important project that will contribute toward a cleaner, more sustainable world," KBR Sustainable Technology Solutions President Jay Ibrahim says in a statement. "This award highlights KBR's extensive and innovative clean hydrogen expertise, in providing solutions that matter, and our strategic commitment to the energy transition." Continue reading.
Rice names new leader for prestigious nanotechnology, materials science institute
Junichiro Kono has assumed leadership of the Smalley-Curl Institute at Rice University. Photo via Rice.edu
A distinguished Rice University professor has assumed the reins of a unique institute that focuses on research within nanoscience, quantum science, and materials science.
Junichiro Kono has assumed leadership of the Smalley-Curl Institute, which houses some of the world’s most accomplished researchers across fields including advanced materials, quantum magnetism, plasmonics and photonics, biophysics and bioengineering, all aspects of nanoscience and nanotechnology, and more.
“With his great track record in fostering international research talent — with student exchange programs between the U.S., Japan, Taiwan, China, Singapore and France that have introduced hundreds of students to new cultures and ways of researching science and engineering — Jun brings a wealth of experience in building cultural and technological ties across the globe,” Ramamoorthy Ramesh, executive vice president for research, says. Continue reading.