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3 things to know this week in Houston's energy transition ecosystem

quick catch up

Here's what you need yo know this week. Photo via Getty Images

Editor's note: It's a new week — start it strong with three quick things to know in Houston's energy transition ecosystem: Baker Hughes makes headlines for new hydrogen tech and grants, three people to know in energy, and more.

Who to know

Last week, EnergyCapital had three stories introducing you to key players within the energy transition:

  • Patrick Sullivan, president and of Hawaii-based Oceanit, explained the impact the company is having on the energy transition in Houston and beyond. Read more.
  • Ken Gilmartin, CEO of Wood, shared his company’s strategic mission for the future and their recent wins in the energy space that are driving the energy transition forward. Read more.
  • Tania Ortiz Mena was named president of Sempra Infrastructure, which is based in Houston. Read more.

What to attend

Here are two events not to miss this month. Photo via Getty Images

Put these upcoming events on your radar.

  • October 10-11 — SPRINT Robotics World Conference and Exhibition will show that many robots are in use and that the industry is accelerating and starting to scale. Learn more.
  • October 30-31 — Fuze is a must-attend event for executives, investors, and founders serious about solving the energy crisis and boosting company efficiency. Learn more.

Baker Hughes makes moves

Missed these storied about Baker Hughes? Photo courtesy of Baker Hughes

As you might have seen, Baker Hughes had two pieces of news last week.

Houston-based energy technology company Baker Hughes is rolling out two new products — pressure sensors for the hydrogen sector.

“Hydrogen plays a key role in the transition to a more sustainable, lower-emissions future but also poses challenges for infrastructure and equipment due to hydrogen embrittlement,” Gordon Docherty says. Read more.

Additionally, the Baker Hughes Foundation revealed details on a $75,000 grant to Houston Minority Supplier Development Council, or HMSDC, and a $100,000 grant to Washington, D.C.-based WEConnect International. HMSDC supports economic growth of minority-owned businesses, and WEConnect International is focused on women-owned companies. Read more.

Ken Gilmartin, CEO of Wood, joins HETI for a Q&A. Photo courtesy of HETI

Q&A: Houston engineering, consulting exec on designing a low-carbon future

the view from heti

Global engineering and consulting firm Wood is a pioneering force in the energy transition landscape.

The Houston Energy Transition Initiative recently sat down with Ken Gilmartin, CEO of Wood, to learn more about the company’s strategic mission for the future and their recent wins in the energy space that are driving the energy transition forward.

Houston Energy Transition Institute: Can you give our audience an overview of Wood and your mission to help reach net-zero?

Ken Gilmartin: We are a company of 36,000 remarkable people delivering some of the world’s most complex and transformative projects for our clients. As an engineering and consulting firm, we’re passionate about delivering net-zero solutions across two key markets, energy and materials.

Our passion derives from our people whose curiosity, skills and expertise have always driven the advancement and transformation of industry, pushing the envelope of what is possible. Sustainability is core to us as engineers and consultants and we take our responsibility in delivering the net-zero solutions critical to the world, very seriously.

We live in the future – designing and delivering facilities today that will operate more effectively, efficiently and sustainably tomorrow by integrating technologies to decarbonize and digital solutions that derive data to ensure this.

HETI: Wood was recently selected as an EPCM partner by Canadian battery materials company Euro Manganese Inc. with a mission to design Europe’s largest high-purity manganese processing facility. How critical is this project to the energy transition?  

KG: Hugely critical. As a mineral used in most lithium-ion batteries, it is core to the electric vehicle industry and therefore, the energy transition.

This project is the only significant source of manganese in the European Union today. With mineral reserves of 27 million tonnes, this project could provide up to 20 percent of the projected European demand for high-purity manganese, which will provide battery supply chains with critical raw materials to support the shift to a circular, low carbon economy.

This innovative project holds real significance for Wood as we continue to lead the development of critical mineral projects — with specialist expertise in hydrometallurgy and a passion for designing sustainable energy and materials infrastructure.

HETI: Closer to HETI’s home, what have you got going on in the region in the energy transition space?

KG: As a result of the Inflation Reduction Act and other key government policies and incentives, we’re seeing a significant uptick in the number of decarbonization projects, particularly hydrogen and carbon capture storage (CCS).

Wood is at the forefront of advising our clients on funding opportunities and taking the lead on the development of Department of Energy applications to ensure critical net zero projects go from paper to production. We see ourselves as a collaborator across the entire process, from funding and feasibility to engineering, design, start-up and operations.

Ten years ago, we delivered Century Plant in West Texas, which at the time, was the largest CO2 plant in the world. Our involvement in needle-moving projects in the region hasn’t stopped.

We have near 4000 people in Texas advising and delivering some of the most innovative energy transition projects, including work on the critical CCS and hydrogen hub program proposed right here in Houston and across the U.S. We’re also supporting our clients in the funding and application stages of their direct air capture projects; we’re meeting the demand for low-carbon fuel alternatives in the areas of hydrogen fuel-switching, electrofuels and biofuels; and we’re delivering e-methanol projects along the U.S. Gulf Coast that will target and abate maritime emissions. You name it, we’re doing it.

As the DOE looks to award further funding rounds for hydrogen, carbon capture and industrial decarbonization projects in 2024, we’re excited about the tremendous opportunities this presents for the region and the role we can play in Houston’s future as the world’s energy capital.

Learn more about Wood, and their work in the energy transition.

———

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.

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New UH white paper pushes for national plastics recycling policy

plastics paper

The latest white paper from the University of Houston’s Energy Transition Institute analyzes how the U.S. currently handles plastics recycling and advocates for a national, policy-driven approach.

Ramanan Krishnamoorti, vice president for energy and innovation at UH; Debalina Sengupta, assistant vice president and chief operating officer at the Energy Transition Institute; and UH researcher Aparajita Datta authored the paper titled “Extended Producer Responsibility (EPR) for Plastics Packaging: Gaps, Challenges and Opportunities for Policies in the United States.” In the paper, the scientists argue that the current mix of state laws and limited recycling infrastructure are holding back progress at the national level.

EPR policies assign responsibility for the end-of-life management of plastic packaging to producers or companies, instead of taxpayers, to incentivize better product design and reduce waste.

“My hope is this research will inform government agencies on what policies could be implemented that would improve how we approach repurposing plastics in the U.S.,” Krishnamoorti said in a news release. “Not only will this information identify policies that help reduce waste, but they could also prove to be a boon to the circular economy as they can identify economically beneficial pathways to recycle materials.”

The paper notes outdated recycling infrastructure and older technology as roadblocks.

Currently, only seven states have passed EPR laws for plastic packaging. Ten others are looking to pass similar measures, but each looks different, according to UH. Additionally, each state also has its own reporting system, which leads to incompatible datasets. Developing national EPR policies or consistent nationwide standards could lead to cleaner and more efficient processes, the report says.

The researchers also believe that investing in sorting, processing facilities, workforce training and artificial intelligence could alleviate issues for businesses—and particularly small businesses, which often lack the resources to manage complex reporting systems. Digital infrastructure techniques and moving away from manual data collection could also help.

Public education on recycling would also be “imperative” to the success of new policies, the report adds.

“Experts repeatedly underscored that public education and awareness about EPR, including among policymakers, are dismal,” the report reads. “Infrastructural limitations, barriers to access and the prevailing belief that curbside recycling is ineffective in the U.S. contribute to public dissatisfaction, misinformation and, in some cases, opposition toward the use of taxpayers’ and ratepayers’ contributions for EPR.”

For more information, read the full paper here.

Investment bank opens energy-focused office in Houston

new to hou

Investment bank Cohen & Co. Capital Markets has opened a Houston office to serve as the hub of its energy advisory business and has tapped investment banking veteran Rahul Jasuja as the office’s leader.

Jasuja joined Cohen & Co. Capital Markets, a subsidiary of financial services company Cohen & Co., as managing director, and head of energy and energy transition investment banking. Cohen’s capital markets arm closed $44 billion worth of deals last year.

Jasuja previously worked at energy-focused Houston investment bank Mast Capital Advisors, where he was managing director of investment banking. Before Mast Capital, Jasuja was director of energy investment banking in the Houston office of Wells Fargo Securities.

“Meeting rising [energy] demand will require disciplined capital allocation across traditional energy, sustainable fuels, and firm, dispatchable solutions such as nuclear and geothermal,” Jasuja said in a news release. “Houston remains the center of gravity where capital, operating expertise, and execution come together to make that transition investable.”

The Houston office will focus on four energy verticals:

  • Energy systems such as nuclear and geothermal
  • Energy supply chains
  • Energy-transition fuel and technology
  • Traditional energy
“We are making a committed investment in Houston because we believe the infrastructure powering AI, defense, and energy transition — from nuclear to rare-earth technology — represents the next secular cycle of value creation,” Jerry Serowik, head of Cohen & Co. Capital Markets, added in the release.

Houston cleantech startup Helix Earth lands $1.2M NSF grant

federal funding

Renewable equipment manufacturer Helix Earth Technologies is one of three Houston-based companies to secure federal funding through the Small Business Innovation Research (SBIR) Phase II grant program in recent months.

The company—which was founded based on NASA technology, spun out of Rice University and has been incubated at Greentown Labs—has received approximately $1.2 million from the National Science Foundation to develop its high-efficiency retrofit dehumidification systems that aim to reduce the energy consumption of commercial AC units. The company reports that its technology has the potential to cut AC energy use by up to 50 percent.

"This award validates our vision and propels our impact forward with valuable research funding and the prestige of the NSF stamp of approval," Rawand Rasheed, Helix CEO and founder, shared in a LinkedIn post. "This award is a reflection our exceptional team's grit, expertise, and collaborative spirit ... This is just the beginning as we continue pushing for a sustainable future."

Two other Houston-area companies also landed $1.2 million in NSF SBIR Phase II funding during the same period:

  • Resilitix Intelligence, a disaster AI startup that was founded shortly after Hurricane Harvey, that works to "reduce the human and economic toll of disasters" by providing local and state organizations and emergency response teams with near-real-time, AI-driven insights to improve response speed, save lives and accelerate recovery
  • Conroe-based Fluxworks Inc., founded in 2021 at Texas A&M, which provides magnetic gear technology for the space industry that has the potential to significantly enhance in-space manufacturing and unlock new capabilities for industries by allowing advanced research and manufacturing in microgravity

The three grants officially rolled out in early September 2025 and are expected to run through August 2027, according to the NSF. The SBIR Phase II grants support in-depth research and development of ideas that showed potential for commercialization after receiving Phase I grants from government agencies.

However, congressional authority for the program, often called "America's seed fund," expired on September 30, 2025, and has stalled since the recent government shutdown. Government agencies cannot issue new grants until Congress agrees on a path forward. According to SBIR.gov, "if no further action is taken by Congress, federal agencies may not be able to award funding under SBIR/STTR programs and SBIR/STTR solicitations may be delayed, cancelled, or rescinded."

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