The new Carbon Measures coalition will create a framework that eliminates double-counting of carbon pollution and attributes emissions to their sources. Photo via Getty Images.
Six companies with a large presence in the Houston area have joined a new coalition of companies pursuing a better way to track the carbon emissions of products they manufacture, purchase and finance.
Air Liquide, whose U.S. headquarters is in Houston
Mitsubishi Heavy Industries, whose U.S. headquarters is in Houston
Honeywell, whose Performance Materials and Technologies business is based in Houston.
BASF, whose global oilfield solutions business is based in Houston
Linde, whose Linde Engineering Americas business is based in Houston
Carbon Measures will create an accounting framework that eliminates double-counting of carbon pollution and attributes emissions to their sources, said Amy Brachio, the group’s CEO. The model is expected to take two years to develop, and between five and seven years to scale up, Bloomberg reported.
The coalition wants to create a system that will “unleash markets and competition,” unlock investments and speed up the pace of emissions reduction, said Brachio, former vice chair of sustainability at professional services firm EY.
“If you can’t measure it, you can’t manage it,” said Darren Woods, chairman and CEO of ExxonMobil. “The first step to reducing global emissions is to know where they’re coming from — and today, we don’t have an accurate system to do this.”
Other members of the coalition include BlackRock-owned Global Infrastructure Partners, Banco Satanader, EY and NextEra Energy.
“Transparent and consistent emissions accounting is not just a technical necessity — it’s a strategic imperative. It enables smarter decisions and accelerates real progress across industries and borders,” said Ken West, president and CEO of Honeywell Energy and Sustainability Solutions.
As the world continues to electrify, new optimized battery technology is critical, and Honeywell, which has a unit of its business based in Houston, recognizes that.
Honeywell (NASDAQ: HON) launched the Battery Manufacturing Excellence Platform, or Battery MXP, an artificial intelligence-powered software solution that will improve battery cell yields and, by extension, operation of gigafactories for manufacturers.
"With Honeywell's Battery MXP and its automation capabilities, we will be able to quickly and effectively establish a foundation for our network of gigafactories," John Kem, president of American Battery Factory, says in a statement. "This solution is vital in our manufacturing operation because it allows us to reduce scrap and scale up quickly, while also ensuring we meet the U.S. and international demand for high quality lithium iron phosphate batteries as we prepare for the unprecedented surge expected over the next decade."
The AI technology built into the platform can detect and remediate quality issues, preventing scrapped or wasted material. Per the news release, the platform can reduce startup material scrap rates by 60 percent.
"The electrification of everyday life continues to increase global demand for quality lithium-ion batteries to power electric vehicles, consumer electronics and battery energy storage systems," Pramesh Maheshwari, president of Honeywell Process Solutions, adds. "With the construction of more than 400 gigafactories planned worldwide by 2030, Honeywell's Battery MXP is a crucial technology that enables manufacturers to maximize cell yields and reach peak production much quicker than traditional methods."
Battery MXP can provide real-time information from raw material sage to finished product. The platform additionally creates enhanced safety measures.
Last month, Weatherford and Honeywell announced the partnership that will combine Honeywell's emissions management suite with Weatherford's technology.
Weatherford and Honeywell announced the partnership that will combine Honeywell's emissions management suite with Weatherford's technology. Photo via Getty Images
Two major corporations have teamed up to provide a comprehensive emissions management solution that should have an impact on the energy transition.
Houston-based Weatherford and North Carolina-based Honeywell, which has a significant presence in Houston, announced the partnership that will combine Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform.
Customers will be able to use the new tool "to monitor, report, and take measures to help reduce greenhouse gas emissions, flammable hydrocarbons, and other potentially dangerous and toxic gases," per a news release.
"Through this collaboration with Honeywell, we have built an alliance that further bridges the gap between technological excellence and environmental stewardship," Girish Saligram, president and CEO of Weatherford, says in the release. "Together, our transformative offering provides cutting-edge tools and actionable data to help customers reach their sustainability goals with confidence and efficiency."
The combined platform will provide upstream oil and gas operators a way to access emissions data in near real-time to better make business decisions on potential issues and meeting regulatory requirements. Additionally, the software should equip users with ways to improve efforts to reach environmental goals.
Honeywell's partnership with Weatherford highlights the importance of empowering organizations with solutions that can help quantify and reduce emissions within the energy industry," Pramesh Maheshwari, president of Honeywell Process Solutions, adds. "By integrating our emissions management solution with Weatherford's well lifecycle technology, our customers can now accurately set targets and monitor near real-time progress on their path to net-zero."
Last fall, a Houston-based unit of industrial conglomerate Honeywell unveiled a gas meter capable of measuring both hydrogen and natural gas. Honeywell’s European launch follows a Dutch test of the EI5 smart gas meter, which the company touts as the world’s first commercially available hydrogen-ready gas meter.
The Houston Energy Transition Initiative has added six new members. Photo via htxenergytransition.org
The Greater Houston Partnership’s The Houston Energy Transition Initiative welcomes six new member companies including, one executive level and five investor level. HETI members are champions in their fields, each creating innovative solutions for a sustainable and low-carbon future. Our members are critical to continue to position our region to lead the global energy transition.
Executive Member
Mitsubishi Heavy Industries is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace, and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world.
Investor Level Members
Eni Next LLC is a corporate venture capital company, created to integrate corporate research, with open innovation, enhancing the value of dynamic and innovative start-ups through early-stage financing and successive capital increases. Eni Next evaluates and invests in companies developing technologies with a lower carbon footprint for energy production, improved efficiency for our industrial operations and digital solutions.
Honeywell International Inc. invents and commercializes technologies that address some of the world’s most critical challenges around energy, safety, security, air travel, productivity, and global urbanization. They are a leading software-industrial company committed to introducing state of the art technology solutions to improve efficiency, productivity, sustainability, and safety in high growth businesses in broad-based, attractive industrial end markets.
Natixis Investment Managers is a global asset management company. Ranked among the world’s largest asset managers, Natixis delivers a diverse range of solutions across asset classes, styles, and vehicles. The company is dedicated to advancing sustainable finance and developing innovative ESG products.
Stantec is a global design and delivery leader in sustainable engineering, architectural planning, and environmental services. Stantec’s multidisciplinary teams address climate change, urbanization, and infrastructure resiliency. The company is at the forefront of innovations to enhance environmental and social opportunities. The Stantec community unites more than 26,000 employees working in over 400 locations across six continents.
Vopak North America is an independent infrastructure provider with an unrivaled network of 78 terminals in 23 countries and 25+ joint venture partners, connecting the supply and demand for products that are essential to the economy and the daily lives of people around the world. Vopak takes pride in improving access to cleaner energy and feedstocks for a growing world population, ensuring safe, clean and efficient storage and handling of bulk liquid products and gases.
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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.
Honeywell’s European launch follows a Dutch test of the smart gas meter, which the company touts as the world’s first commercially available hydrogen-ready gas meter. Photo via honeywell.com
A Houston-based unit of industrial conglomerate Honeywell has unveiled a gas meter capable of measuring both hydrogen and natural gas.
Honeywell’s European launch follows a Dutch test of the EI5 smart gas meter, which the company touts as the world’s first commercially available hydrogen-ready gas meter.
“Honeywell’s hydrogen-capable meters are key to facilitating a seamless transition to hydrogen energy across European utility networks,” Kinnera Angadi, chief technology officer of smart energy and thermal solutions at Honeywell, says in a November 28 news release. “We’re enhancing operational efficiency with meters that are ready for the future, helping our customers stay ahead in a market that’s swiftly transitioning toward greener energy solutions.”
Among other products, Honeywell’s Houston-based Process Solutions unit supplies connected utility and metering technology like the new EI5 gas meter. In the Netherlands, Honeywell’s meters will be installed at residences by Dutch energy company Enexis Group.
A 2022 report from the Hydrogen Council indicates that hydrogen costs are expected to fall by 2030, making it competitive with other low-carbon option. This insight helped lead Enexis Group to commit to converting its main gas lines to hydrogen within the next three years.
“The transition to clean energy is as necessary as it is complex,” says Ruud Busscher, program manager for energy transit and Hydrogen at Enexis. “This project aims to challenge the way we operate by using an alternative to natural gas. We are finding out how the existing grid will be influenced by hydrogen and what new paths can be taken for a sustainable future.”
Houston’s Reliant and San Francisco tech company GoodLeap are teaming up to bolster residential battery participation and accelerate the growth of NRG’s virtual power plant (VPP) network in Texas.
Through the new partnership, eligible Reliant customers can either lease a battery or enter into a power purchase agreement with GoodLeap through its GoodGrid program, which incentivises users by offering monthly performance-based rewards for contributing stored power to the grid. Through the Reliant GoodLeap VPP Battery Program, customers will start earning $40 per month in rewards from GoodLeap.
“These incentives highlight our commitment to making homeowner battery adoption more accessible, effectively offsetting the cost of the battery and making the upgrade a no-cost addition to their homes,” Dan Lotano, COO at GoodLeap, said in a news release.“We’re proud to work with NRG to unlock the next frontier in distributed energy in Texas. This marks an important step in GoodLeap reaching our nationwide goal of 1.5 GW of managed distributed energy over the next five years.”
Other features of the program include power outage plans, with battery reserves set aside for outage events. The plan also intelligently manages the battery without homeowner interaction.
The partnership comes as Reliant’s parent company, NRG, continues to scale its VPP program. Last year, NRG partnered with California-based Renew Home to distribute hundreds of thousands of VPP-enabled smart thermostats by 2035 in an effort to help households manage and lower their energy costs.
“We started building our VPP with smart thermostats across Texas, and now this partnership with GoodLeap brings home battery storage into our platform,” Mark Parsons, senior vice president and head of Texas energy at NRG, said in a the release. “Each time we add new devices, we’re enabling Texans to unlock new value from their homes, earn rewards and help build a more resilient grid for everyone. This is about giving customers the opportunity to actively participate in the energy transition and receive tangible benefits for themselves and their communities.
Corrosion is not something most people think about, but for Houston's industrial backbone pipelines, refineries, chemical plants, and water infrastructure, it is a silent and costly threat. Replacing damaged steel and overusing chemicals adds hundreds of millions of tons of carbon emissions every year. Despite the scale of the problem, corrosion detection has barely changed in decades.
In a recent episode of the Energy Tech Startups Podcast, Anwar Sadek, founder and CEO of Corrolytics, explained why the traditional approach is not working and how his team is delivering real-time visibility into one of the most overlooked challenges in the energy transition.
From Lab Insight to Industrial Breakthrough
Anwar began as a researcher studying how metals degrade and how microbes accelerate corrosion. He quickly noticed a major gap. Companies could detect the presence of microorganisms, but they could not tell whether those microbes were actually causing corrosion or how quickly the damage was happening. Most tests required shipping samples to a lab and waiting months for results, long after conditions inside the asset had changed.
That gap inspired Corrolytics' breakthrough. The company developed a portable, real-time electrochemical test that measures microbial corrosion activity directly from fluid samples. No invasive probes. No complex lab work. Just the immediate data operators can act on.
“It is like switching from film to digital photography,” Anwar says. “What used to take months now takes a couple of hours.”
Why Corrosion Matters in Houston's Energy Transition
Houston's energy transition is a blend of innovation and practicality. While the world builds new low-carbon systems, the region still depends on existing industrial infrastructure. Keeping those assets safe, efficient, and emission-conscious is essential.
This is where Corrolytics fits in. Every leak prevented, every pipeline protected, and every unnecessary gallon of biocide avoided reduces emissions and improves operational safety. The company is already seeing interest across oil and gas, petrochemicals, water and wastewater treatment, HVAC, industrial cooling, and biofuels. If fluids move through metal, microbial corrosion can occur, and Corrolytics can detect it.
Because microbes evolve quickly, slow testing methods simply cannot keep up. “By the time a company gets lab results, the environment has changed completely,” Anwar explains. “You cannot manage what you cannot measure.”
A Scientist Steps Into the CEO Role
Anwar did not plan to become a CEO. But through the National Science Foundation's ICorps program, he interviewed more than 300 industry stakeholders. Over 95 percent cited microbial corrosion as a major issue with no effective tool to address it. That validation pushed him to transform his research into a product.
Since then, Corrolytics has moved from prototype to real-world pilots in Brazil and Houston, with early partners already using the technology and some preparing to invest. Along the way, Anwar learned to lead teams, speak the language of industry, and guide the company through challenges. “When things go wrong, and they do, it is the CEO's job to steady the team,” he says.
Why Houston
Relocating to Houston accelerated everything. Customers, partners, advisors, and manufacturing talent are all here. For industrial and energy tech startups, Houston offers an ecosystem built for scale.
What's Next
Corrolytics is preparing for broader pilots, commercial partnerships, and team growth as it continues its fundraising efforts. For anyone focused on asset integrity, emissions reduction, or industrial innovation, this is a company to watch.
Energy Tech Startups Podcast is hosted by Jason Ethier and Nada Ahmed. It delves into Houston's pivotal role in the energy transition, spotlighting entrepreneurs and industry leaders shaping a low-carbon future.
Energy Equation Partners, a London-based investment firm focused on clean energy companies, and New York-based Stonepeak have completed the acquisition of a 65 percent interest in JET Tankstellen Deutschland GmbH, a subsidiary of Houston oil and gas giant Phillips 66.
JET is one of the largest and most popular fuel retailers in Germany and Austria with a rapidly growing EV charging network, according to a news release. It also operates approximately 970 service stations, convenience stores and car washes.
“We are delighted to complete this acquisition and to partner with Stonepeak and Phillips 66 to take JET to the next level,” Javed Ahmed, managing partner of Energy Equation Partners, said in a news release. “This investment reflects EEP’s commitment to investing in established players in the energy sector who have the potential to make a meaningful impact on the energy transition, and we are excited to work alongside the entire JET team, including its dedicated service station operators, to realize this vision.”
The deal values JET at approximately $2.8 billion. Phillips 66 will retain a 35 percent non-operated interest in JET and received about $1.6 billion in pre-tax proceeds.
“Under Phillips 66’s ownership, JET has grown into one of the largest fuel retailers in Germany and Austria," Anthony Borreca, senior managing director and co-head of energy at Stonepeak, added in a news release. "We are excited to join forces with them, as well as Javed and the EEP team, who have long-standing experience investing in and operating retail fuel distribution and logistics globally, to support the next phase of JET’s growth.”
