At a recent event in Houston, energy transition experts shared opportunities in renewables and sustainability. Photo by Lindsey Ferrell/EnergyCapital

The energy industry in Houston, Texas, and beyond is gearing up for new opportunities within the energy transition, as a recent Houston event and its lineup of experts shared.

At the inaugural ENERGYEAR USA 2023, panelists outlined how their companies are opting into a more personable approach to building sustainable energy solutions – and sustainable communities.

“Most of our renewable projects are in very rural areas. We come to communities that don’t have enough money to invest in their schools, their kids. There’s not a lot of opportunity,” explains David Carroll, chief renewables officer and senior vice president of the North America region for Engie.

“We come in and invest a lot in the construction phase, but after that, we have workers that live there. We are often one of the largest taxpayers in that area,” Carroll continues. “We can provide them cash profit, provide them the tax base, so that we can help provide a future in many of these rural communities that were struggling before we got there.”

Engie, which has closed several coal plants globally ahead of schedule to work toward meeting their commitment to Net Zero by 2045, isn’t the only organization that emphasizes purpose in its pursuit of energy equity.

Power Electronics, the global leader in renewable energy storage, finds purpose through re-purposing field technicians. For the past five years, the organization has transformed talent with electrical equipment experience from the oil and gas industry into renewables. The company doesn’t plan on slowing down, either.

“We are proud to announce here today [that over] the next two years, we will create more than 500 jobs as the largest ever manufacturer of solar inverter and intermediate scale battery inverters in the U.S.,” shares David Salvo, CEO of Power Electronics. “We start manufacturing EV chargers in Houston later this year and are committed to U.S. manufacturing job creation.”

The company saw a need for setting up a Texas manufacturing facility to support growth and was impressed by the volume of Houston talent possessing a deep understanding of both mechanical and electrical equipment from their tenure in upstream oil and gas.

“It is easier to find people here [like that] than anywhere else,” Salvo tells EnergyCapitalHTX. “That is a fact.”

Explosive growth for the region has barely even begun, with expected investments in Texas alone exceeding $60 billion dollars in large scale renewables.

“Because of these investments that we are making, we are able to create good paying jobs… and meet climate goals of getting to a Net Zero economy by 2050,” Jeff Marootian, U.S Department of Energy senior advisor, tells Katie Mehnert, CEO of Ally Energy and DOE Ambassador, during their fireside chat.

“Partnership between government and private sector, ultimately, is creating these opportunities,” Marootian says. “Our challenge is to help identify, help train, help build up that generation of workforce.”

As a final note on the trifecta of purpose, partnering, and governance, Erika Bierschbach, vice president of energy market operations and resource planning for Austin Energy, challenges the power and utilities industry to embrace statistical models over deterministic ones when forecasting energy supply and demand. The upstream oil and gas sector embraced this practice years ago to improve production optimization processes.

On the subject of green energy employment, a recent report found that Houston is a successful hub when it comes to clean energy jobs. SmartAsset, a personal finance website, recently ranked the Houston metro area as the fifth best place in the U.S. for green jobs, which pay an average of 21 percent more than other jobs. And actually, the study found that 2.23 percent of workers in the Houston area hold down jobs classified as “green.”

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Chevron CEO touts biofuels as part of its renewable energy efforts

Betting on biofuels

As Chevron Chairman and CEO Mike Wirth surveys the renewable energy landscape, he sees the most potential in biofuels.

At a recent WSJ CEO Council event, Wirth put a particular emphasis on biofuels—the most established form of renewable energy—among the mix of low-carbon energy sources. According to Biofuels International, Chevron operates nine biorefineries around the world.

Biofuels are made from fats and oils, such as canola oil, soybean oil and used cooking oil.

At Chevron’s renewable diesel plant in Geismar, Louisiana, a recent expansion boosted annual production by 278 percent — from 90 million gallons to 340 million gallons. To drive innovation in the low-carbon-fuels sector, Chevron opened a technology center this summer at its renewable energy campus in Ames, Iowa.

Across the board, Chevron has earmarked $8 billion to advance its low-carbon business by 2028.

In addition to biofuels, Chevron’s low-carbon strategy includes hydrogen, although Wirth said hydrogen “is proving to be very difficult” because “you’re fighting the laws of thermodynamics.”

Nonetheless, Chevron is heavily invested in the hydrogen market:

As for geothermal energy, Wirth said it shows “some real promise.” Chevron’s plans for this segment of the renewable energy industry include a 20-megawatt geothermal pilot project in Northern California, according to the California Community Choice Association. The project is part of an initiative that aims to eventually produce 600 megawatts of geothermal energy.

What about solar and wind power?

“We start with things where we have some reason to believe we can create shareholder value, where we’ve got skills and competency, so we didn’t go into wind or solar because we’re not a turbine manufacturer installing wind and solar,” he said in remarks reported by The Wall Street Journal.

In a September interview with The New York Times, Wirth touched on Chevron’s green energy capabilities.

“We are investing in new technologies, like hydrogen, carbon capture and storage, lithium and renewable fuels,” Wirth said. “They are growing fast but off a very small base. We need to do things that meet demand as it exists and then evolve as demand evolves.”

Houston robotics company partners with Marathon Petroleum to scale fleet

robot alliance

Houston- and Boston-based Square Robot Inc. has announced a partnership with downstream and midstream energy giant Marathon Petroleum Corp. (NYSE: MPC).

The partnership comes with an undisclosed amount of funding from Marathon, which Square Robot says will help "shape the design and development" of its submersible robotics platform and scale its fleet for nationwide tank inspections.

“Marathon’s partnership marks a major milestone in our mission to transform industrial tank inspection,” David Lamont, CEO of Square Robot, said in a news release. “They recognize the proven value of our robotic inspections—eliminating confined space entry, reducing the environmental impact, and delivering major cost efficiencies all while keeping tanks on-line and working. We’re excited to work together with such a great company to expand inspection capabilities and accelerate innovation across the industry.”

The company closed a $13 million series B last year. At the time of closing, Square Robot said it would put the funding toward international expansion in Europe and the Middle East.

Square Robot develops autonomous, submersible robots that are used for storage tank inspections and eliminate the need for humans to enter dangerous and toxic environments. Its newest tank inspection robot, known as the SR-3HT, became commercially available and certified to operate at a broader temperature range than previous models in the company's portfolio this fall.

The company was first founded in the Boston area in 2016 and launched its Houston office in 2019.