power player

Why Rice University is 'deeply connected' to Houston's energy industry

Peter Rodriguez, dean of Rice University's Jones Graduate School of Business, shares how the school is intrinsically and intentionally linked to the Houston energy community. Photo courtesy Annie Tao/Rice University

Houston is known as the energy capital of the world, and the industry is ingrained into Rice University's DNA — especially the university's business school.

"We are deeply connected — and have been for a long time," says Peter Rodriguez, dean of Rice University's Jones Graduate School of Business. "One of the five pillars of our strategy is to be the leading business school in the country for the studying and the advancement for the energy transition and decarbonization of the economy. We think we can be the premiere school for training people for this rapidly evolving field of energy and to promulgate great research."

One of the recent way the school has connect its student body to the Houston business community is through its recent Rice Energy Finance Summit, which took place last month. The student-led program has been ongoing for 15 years and gives students a chance to work with business leaders in the energy sector.

"It's aimed at something that's increasingly important now, which is thinking about energy transition and how do you really navigate the process," Rodriguez says. "It's an incredibly complex organization of many disprite units and government to pull off — and the finance side of that is particularly challenging."

This year, Rodriguez says the event had a packed house and even some wrap-around events, including a pitch competition. And he expects next year to be a continuation of that success.

Rodriguez shares more about what he's accomplished in his tenure as dean on the Houston Innovators Podcast.


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This article originally ran on InnovationMap.

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A View From HETI

Nightpeak Energy's Bocanova Power project in Brazoria County has reached commercial operation. Photo courtesy Nightpeak Energy.

Oakland, California-based Nightpeak Energy announced earlier this month that its 150-megawatt battery storage project in Brazoria County, known as Bocanova Power, is now operating to address Houston’s peak capacity needs.

“This battery storage project will enhance grid reliability in the Alvin area while continuing to support integrating renewable energy,” Cary Perrin, president and CEO of the Northern Brazoria County Chamber of Commerce, said in a news release. “I believe we need energy storage now more than ever for its pivotal role in reducing strain on the grid while meeting fast-growing power demand in Texas and Brazoria County."

The project reached commercial operation in August, according to the release. The project utilizes Tesla's Megapack 2 XL battery storage system, and the facility operates under a long-term power purchase agreement with an undisclosed “investment-grade power purchaser.”

“Bocanova Power demonstrates the speed at which Nightpeak Energy is overcoming complex challenges to energize projects that support America's growing need for affordable, reliable, and secure energy,” Paris Hays, co-founder and CEO/CDO of Nightpeak Energy, added in the news release. “Unprecedented AI data center and manufacturing growth has only accelerated the need for these resources.”

Hays added in the release that the company has plans for more energy infrastructure projects in Texas and in the Western U.S.

Nightpeak Energy develops, owns and operates power plants that support the growing capacity needs of a decarbonized grid. It also owns and operates 240 MW of battery storage and natural gas generation facilities.

The company was founded in 2022 and backed by equity funding of up to $200 million from Dallas-based investment firm Energy Spectrum Capital.

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