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Energy transition events roundup, 3 Houston cos. make it to global competition finals, and more things to know

Houston energy transition folks — here's what to know to start your week. Photo via Getty Images

Editor's note: Dive headfirst into the new week with three quick things to catch up on in Houston's energy transition: a really big deal from last week, three startups make it to the finals of an Elon Musk-backed competition, and five events not to miss.

Companies to watch: 

Twenty promising climatetech companies were selected to advance to the final stage of a global competition backed by Elon Musk's foundation — and three of the finalists hail from Houston.

Vaulted Deep, Mati Carbon, and Climate Robotics secured finalists spots in XPRIZE's four-year global competition is designed to combat climate change with innovative solutions. XPRIZE Carbon Removal will offer $100 million to innovators who are creating solutions that removes carbon dioxide directly from the atmosphere or the oceans, and then sequester it sustainably.

The finalists — categorized into four sections: air, rocks, oceans, and land — were selected based upon their performance in three key areas: operations, sustainability, and cost. Click here to read more.

Events not to miss

Put these Houston-area energy-related events on your calendar.

  • 2nd Annual Geothermal Transition Summit for North America will take place May 21 and 22 at The Hilton Greenway Plaza. Engage in discussions on early-project development, industry policies, the synergy with the oil and gas industry, methods to enhance commerciality, and explore case studies from ground-breaking projects.Register now.
  • The Energy Drone & Robotics Summit is coming to Houston June 10 to 12. Join for the ultimate event in the world for UAVs, Robotics & Data/AI, 3D Reality Capture, Geospatial and Digital Twins focused on the business and technology in energy & industrial operations, inspections, maintenance, surveying & mapping. Register now.
  • Argus Clean Ammonia North America Conference will take place on June 12 to 14 at the Hyatt Regency Houston. Over the three days of the conference, explore the big questions many producers are facing around where demand is coming from, expect to hear perspectives from key domestic consumers as well as international demand centres for clean ammonia. Register now.
  • Join the over 150 senior energy and utilities leaders from June 17 to 18 in Houston for AI in Energy to unlock the potential of AI within your enterprise and delve into key areas for its development.Register now. 
  • Energy Underground (June) is a group of professionals in the Greater Houston area that are accelerating the Energy Transition that connect monthly at The Cannon - West Houston. Register now.

Big deal: Equinor bets on lithium

Equinor, which has its U.S. headquarters in Houston, has entered into a deal to take a 45-percent share in two lithium project companies in Southwest Arkansas and East Texas. The agreement is with Vancouver, Canada-based Standard Lithium Ltd. to make the acquisition. Standard Lithium retaining operatorship, while Equinor will support through its core competencies, like subsurface and project execution capabilities.

Standard Lithium retains the other 55 percent of the projects. Per the deal, will pay $30 million in past costs net to the acquired interest. The company also agreed to carry Standard Lithium's capex of $33 million "to progress the assets towards a possible final investment decision," per the release. Additionally, Equinor will make milestone payments of up to $70 million in aggregate to Standard Lithium should a final investment decision be taken. Click here to read more.

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A View From HETI

Research from Rice University of 20 U.S. cities shows that income was linked to who benefits most from public EV infrastructure. Photo by Andrew Roberts/Unsplash

A Rice University professor wants to redraw the map for the placement of electric vehicle charging stations to level the playing field for access to EV power sources.

Xinwu Qian, assistant professor of civil and environmental engineering at Rice, is leading research to rethink where EV charging stations should be installed so that they’re convenient for all motorists going about their day-to-day activities.

“Charging an electric vehicle isn’t just about plugging it in and waiting — it takes 30 minutes to an hour even with the fastest charger — therefore, it’s an activity layered with social, economic, and practical implications,” Qian says on Rice’s website. “While we’ve made great strides in EV adoption, the invisible barriers to public charging access remain a significant challenge.”

According to Qian’s research, public charging stations are more commonly located near low-income households, as these residents are less likely to afford or enjoy access to at-home charging. However, these stations are often far from where they conduct everyday activities.

The Rice report explains that, in contrast, public charging stations are geographically farther from affluent suburban areas. However, they often fit more seamlessly into these residents' daily schedules. As a result, low-income communities face an opportunity gap, where public charging may exist in theory but is less practical in reality.

A 2024 study led by Qian analyzed data from over 28,000 public EV charging stations and 5.5 million points across 20 U.S. cities.

“The findings were stark: Income, rather than proximity, was the dominant factor in determining who benefits most from public EV infrastructure,” Qian says.

“Wealthier individuals were more likely to find a charging station at places they frequent, and they also had the flexibility to spend time at those places while charging their vehicles,” he adds. “Meanwhile, lower-income communities struggled to integrate public charging into their routines due to a compounded issue of shorter dwell times and less alignment with daily activities.”

To make matters worse, businesses often target high-income people when they install charging stations, Qian’s research revealed.

“It’s a sad reality,” Qian said. “If we don’t address these systemic issues now, we risk deepening the divide between those who can afford EVs and those who can’t.”

A grant from the National Science Foundation backs Qian’s further research into this subject. He says the public and private sectors must collaborate to address the inequity in access to public charging stations for EVs.

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