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, an expert's opinion on sustainability strategy, and events not to miss.

Really big deal: Houston energy transition growth capital firm closes $1.5B fund

EnCap Energy Transition's Fund II, or EETF II, was created to invest in solutions to decarbonize the power industry, and invest in low carbon fuels and carbon management. This second energy transition fund follows EnCap Energy Transition Fund I, a $1.2 billion fund that deployed capital to seven material portfolio company investments and four fund realizations with Broad Reach Power, Jupiter Power, Triple Oak, and Paloma Solar & Wind.

Previously, the company made investment commitments to five portfolio companies through EETF II, including Bildmore Renewables, Linea Energy, Parliament Solar, Power Transitions, and Arbor Renewable Gas. EnCap expects to have 8 to 10 portfolio companies in EETF II in total.

"The EnCap Energy Transition team is proud to have raised a sizeable pool of capital to continue to invest in the opportunity created by the shift to a lower-carbon energy system,” EnCap Energy Transition Managing Partner Jim Hughes says in a news release. Read more about the deal.

Guest column: Why companies are investing in sustainable energy technology

As senior vice president of Enchanted Rock, a Houston-based provider of microgrid technology, Ken Cowan has seen how energy resilience has emerged as a key strategy for businesses across industries, as he writes in a guest column for InnovationMap.

"Executives must recognize the strategic imperative of investing in resilient energy infrastructure like microgrid systems, which can provide a competitive advantage against organizations that do not have similar measures in place," he writes. "In doing so, they can navigate uncertainty with confidence, set their business up for future success, and emerge stronger and more resilient than ever before."

In the piece, he explores the value proposition and other benefits to making these changes. Click here to read more.

Events not to miss

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

  • The 2024 KPMG Global Energy Conference is taking place Wednesday, May 15, at the Post Oak Hotel. The event will focus on areas such as capital investment, mergers and acquisitions, risk and resiliency, technology, and human capital. Register now.
  • The Clean Energy Security and Reliability Forum is co-located with the 2024 RE+ Texas on May 15 to 16. This conference will bring together leading experts to discuss regulatory frameworks and technological innovations that can ensure that solar and energy storage projects are the most secure and reliable source of electricity generation on the U.S. grid. 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.
  • 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.

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

    From events to a new climate-focused report, here are 3 things to know in Houston energy transition news

    take note

    Editor's note: Dive headfirst into the new week with three quick things to catch up on in Houston's energy transition: a roundup of events not to miss, a new study puts a dollar sign to Texas' disasters per capita, and three organizations are teaming up for an August event.

    When it comes to weather-related events, Texas is expensive

    Texas — home to everything from tornadoes to hurricanes — cracks the top 10 of a new report ranking states based on impact from weather-related events.

    SmartAsset's new report factored in a myriad of data from the Federal Emergency Management Agency to identify which states face the most financial risk due to various weather events. In the report, the states were ranked by the total expected annual financial losses per person. Texas ranked at No. 10. In Texas, the total expected annual loss per person is estimated as $283.15. Click here to see that figure broken down.

    3 organizations in Houston receive funding for DOE-backed programming

    Later this year, a Wells Fargo Foundation-backed event that's co-administered by the United States Department of Energy's National Renewable Energy Laboratory will feature programming from three Houston organizations.

    The Wells Fargo Innovation Incubator, a $50 million program, announced its eighth cycle of IN2 Channel Partner Strategic Awards. The program is distributing $767,000 across 15 organizations within the Channel Partner network to create impactful workshops at the upcoming Camp Cleantech event in August at CSU Spur in Denver, Colorado.

    Houston-based Rice Alliance Clean Energy Accelerator, as well as Activate Global and Greentown Labs, which each have Houston locations, have been named among the awards recipients. The organizations will present workshops aimed at providing critical tools and insights for clean tech startups. Read more about the event and grants.

    Events not to miss

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

    • Center for Houston’s Future and the Houston Energy Transition Initiative present a panel and attendee Q&A on Wednesday, May 1, from 9 to 11 a.m. at Partnership Tower 701 Avenida de las Americas, Suite 900. The program will be on the National Petroleum Council’s new report on hydrogen: “Harnessing Hydrogen: A Key Element of the U.S. Energy Future.” Register.
    • Offshore Technology Conference returns to Houston May 6 to 9. Register.
    • Greentown Houston's next Transition on Tap, a monthly networking event, is Wednesday, May 8. Register.
    • The University of Houston is hosting a professional-level course focused on hydrogen. The course is open for registration now, and the orientation event will take place on May 15. Learn more.

    Texas has some room to improve when it comes to EV states, one report found — and more things to know this week. Photo via Getty Images

    Texas loses speed among top EV states, apps open for Greentown program, and more things to know this week

    take note

    Editor's note: Dive headfirst into the new week with three quick things to catch up on in Houston's energy transition: applications for a Greentown Labs program has opened, Texas falls flat on a ranking of best EV states, and more.

    Texas puts it in park near the bottom of list of best states for EV drivers

    You’d think that producing tens of thousands of Teslas might help drive up Texas’ standing among the best states for owning an electric vehicle. To the contrary, Texas ranks among the worst states to be an EV owner.

    A new list from EV Charger Reviews puts Texas in the No. 2 position among the worst states for owning an EV. Washington leads the pack of the worst EV states. Topping the list of the best states for EV owners is Maine, followed by Colorado and Vermont. Read more about the methodology.

    Big deal: GridBeyond's $55M series C 

    GridBeyond,which has its U.S. headquarters in Houston, raised its series C to support its growth in the the United States.

    The round closed at €52 million, or around $55 million. Founded in 2010, GridBeyond's AI platform allows businesses to unlock the full potential of energy assets and prioritize sustainability, resilience, and affordability of energy.

    "This funding, together with the support of our new partners, will enable us to expand our product offering and strengthen our leadership position in this space," Michael Phelan, co-founder and CEO of GridBeyond, says in a news release. “The newly completed financing round sets GridBeyond on the path to increase the reach of our intelligent energy platform and deliver world leading AI and powerful automation capabilities to smart grid and energy markets across the world." Read more details about the round.

    Greentown Labs opens C2V Initiative apps

    For the fourth year, the Carbon to Value Initiative, a multi-year collaboration from the Urban Future Lab at NYU Tandon School of Engineering, Greentown Labs, and Fraunhofer USA — has opened applications. The program is looking for "startups at Technology Readiness Level 4-7 that are developing carbontech innovations related to carbon conversion to added-value products; carbon capture; and carbon sequestration and removal," according to Greentown.

    The selected cohort will have access to the C2V Initiative’s CLC, an invitation-only group of corporate, nonprofit, and government thought leaders across the energy industry. Startups will also each receive a $10,000 stipend to support their participation in the accelerator. Applications are open through June 21, 2024. To learn more about the program or to apply, click here.

    Texas has some room to improve when it comes to green states, one report found — and more things to know this week. Photo via Getty Images

    Texas' status as a clean energy leader, talking key industry trends, and more things to know this week

    take note

    Editor's note: Dive headfirst into the new week with three quick things to catch up on in Houston's energy transition: a roundup of events not to miss, a one-on-one with Barbara Burger, and more.

    Podcast to stream: A conversation with Barbara Burger

    Last month, Barbara Burger participated in four panels at CERAWeek by S&P Global, and from her insider perspective, she had a few key takeaways from the event, which brought together energy leaders, tech startups, dignitaries, civil servants, and more.

    In a recent podcast interview, Burger shared some of her key takeaways from the event — and how these trends are affecting the industry as a whole.

    Click here to read an excerpt of the conversation.

    Report: Texas as a green state needs improvement

    A new report from WalletHub looked at 25 key metrics — from green buildings per capita to energy consumption from renewable resources — to evaluate the current health of states' environment and residents’ environmental-friendliness. Texas ranked No. 38, meaning it was the thirteenth least green state, only scoring 50.40 points out of 100.

    Here's how Texas ranked among a few of the key metrics:

    • No. 35 for air quality
    • No. 38 for soil quality
    • No. 38 for water quality
    • No. 26 for LEED-certified buildings per capita
    • No. 32 for percent of renewable energy consumption
    • No. 45 for energy consumption per capita
    • No. 38 for gasoline consumption (in gallons) per capita

    Click here to read more about the report.

    Events not to miss

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

    • The Digital Wildcatters is hosting its Energy Tech Night in Houston on April 17. Register.
    • On April 17, the University of Houston presents "Gulf Coast Hydrogen Ecosystem: Opportunities & Solutions" featuring experts from academia, industry, government, and more. The symposium begins at 8 am with a networking reception takes place beginning at 5 pm at the University of Houston Student Center South - Theater Room. Register.
    • Ally Energy is hosting its Unconference - Energy 2.0 on April 18 to explore the energy renaissance. Register.
    • The inaugural, student-led TEX-E Conference is taking place on April 19 at TMC's Helix Park. The event’s mission is to empower budding student entrepreneurs to advance their climatetech ventures and inspire industry leaders to support these groundbreaking startups coming out of Texas’ universities. Register.
    • Offshore Technology Conference returns to Houston May 6 to 9. Register.

    Texas' solar market will be missing about three hours of sunlight today — and more things to know this week. Photo courtesy of NASA

    How the eclipse will test Texas' solar market, events not to miss, and more things to know in Houston energy

    take note

    Editor's note: Dive headfirst into the new week with three quick things to catch up on in Houston's energy transition: a roundup of events not to miss, what to expect from the eclipse, and more.


    Eyes on ERCOT amid eclipse

    For three hours today, Texas' solar energy market will be affected by the solar eclipse. According to a report from the Environment Texas Research & Policy Center, Texas ranks third in the U.S. for residential solar power generation, so the moon's interception to the sunlight can be a real test to ERCOT, which reported that they have worked with solar forecast vendors on what to expect from solar generation on the grid during the eclipse.

    "As we did in preparation for the October 2023 eclipse, ERCOT is actively monitoring the forecasts and available dispatchable capacity for April 8," reads a statement from the organization's March report. "ERCOT will rely on Ancillary Services and other actions to posture the system as necessary during the eclipse to compensate for both the reduction and increase in solar generation on this day and maintain grid reliability. ERCOT has been engaging Market Participants so that they are prepared for the eclipse and expects sufficient generation to meet demand."

    Events not to miss

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

    • The Digital Wildcatters is hosting its Energy Tech Night in Houston on April 17. Register.
    • On April 17, the University of Houston presents "Gulf Coast Hydrogen Ecosystem: Opportunities & Solutions" featuring experts from academia, industry, government, and more. The symposium begins at 8 am with a networking reception takes place beginning at 5 pm at the University of Houston Student Center South - Theater Room. Register.
    • Ally Energy is hosting its Unconference - Energy 2.0 on April 18 to explore the energy renaissance. Register.
    • The inaugural, student-led TEX-E Conference is taking place on April 19 at TMC's Helix Park. The event’s mission is to empower budding student entrepreneurs to advance their climatetech ventures and inspire industry leaders to support these groundbreaking startups coming out of Texas’ universities. Register.
    • Offshore Technology Conference returns to Houston May 6 to 9. Register.

    Really big deal: Shell's EV charging plans

    As it downshifts sales of fuel for traditional vehicles, energy giant Shell is stepping up its commitment to public charging stations for electric vehicles.

    In a new report on energy transition, Shells lays out an aggressive plan for growing its public network of charging stations for electric vehicles (EVs). The company plans to boost the global number of public EV charging stations from about 54,000 today to around 70,000 by 2025 and about 200,000 by 2030.

    The projected growth from today to 2030 would represent a 270 percent increase in the number of Shell-operated EV charging stations.

    “We have a major competitive advantage in terms of locations, as our global network of service stations is one of the largest in the world,” Shell says in the report. Read the full story.

    Looking back on CERAWeek 2024 — and more things to know this week. Photo courtesy of CERAWeek

    CERAWeek in review, a podcast to stream, and more things to know in Houston energy transition this week

    take note

    Editor's note: Dive headfirst into the new week with three quick things to catch up on in Houston's energy transition: a roundup of events not to miss, a podcast to stream, and more.

    CERAWeek in review

    Last week, we wrapped up the top five themes of CERAWeek on EnergyCapital, including geothermal, the rise of AI, and more.

    Let's look back on all the articles from the conference, in case you missed it:

    Podcast to stream: Sean Kelly of Amperon

    Sean Kelly says he didn't seek to start a clean tech company. He saw a need and opportunity for more accurate energy forecasting, and he built it.

    But Amperon has made it on lists highlighting energy transition innovation on more than one occasion — and caught the eye of renewable energy giants.

    "We don't brand ourselves as a clean tech company," Kelly, CEO and co-founder of Amperon, says on the Houston Innovators Podcast, "but we have four of the top six or eight wind providers who have all invested in Amperon. So, there's something there."

    The technology that Amperon provides its customers — a comprehensive, AI-backed data analytics platform — is majorly key to the energy industry and the transition of the sector. Read more.

    Events not to miss

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

    • The Digital Wildcatters is hosting its Energy Tech Night in Houston on April 17. Register.
    • On April 17, the University of Houston presents "Gulf Coast Hydrogen Ecosystem: Opportunities & Solutions" featuring experts from academia, industry, government, and more. The symposium begins at 8 am with a networking reception takes place beginning at 5 pm at the University of Houston Student Center South - Theater Room. Register.
    • Offshore Technology Conference returns to Houston May 6 to 9. Register.

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    Houston company tests ​all-electric CO2-to-fuel production technology

    results are in

    Houston-based clean energy company Syzygy Plasmonics has successfully tested all-electric CO2-to-fuel production technology at RTI International’s facility at North Carolina’s Research Triangle Park.

    Syzygy says the technology can significantly decarbonize transportation by converting two potent greenhouse gases, carbon dioxide and methane, into low-carbon jet fuel, diesel, and gasoline.

    Equinor Ventures and Sumitomo Corp. of Americas sponsored the pilot project.

    “This project showcases our ability to fight climate change by converting harmful greenhouse gases into fuel,” Trevor Best, CEO of Syzygy, says in a news release.

    “At scale,” he adds, “we’re talking about significantly reducing and potentially eliminating the carbon intensity of shipping, trucking, and aviation. This is a major step toward quickly and cost effectively cutting emissions from the heavy-duty transport sector.”

    At commercial scale, a typical Syzygy plant will consume nearly 200,000 tons of CO2 per year, the equivalent of taking 45,000 cars off the road.

    “The results of this demonstration are encouraging and represent an important milestone in our collaboration with Syzygy,” says Sameer Parvathikar, director of renewable energy and energy storage at RTI.

    In addition to the CO2-to-fuel demonstration, Syzygy's Ammonia e-Cracking™ technology has completed over 2,000 hours of performance and optimization testing at its plant in Houston. Syzygy is finalizing a site and partners for a commercial CO2-to-fuel plant.

    Syzygy is working to decarbonize the chemical industry, responsible for almost 20 percent of industrial CO2 emissions, by using light instead of combustion to drive chemical reactions.

    Barge hits bridge connecting Galveston and Pelican Island, causing partial collapse and oil spill

    A barge slammed into a bridge pillar in Galveston, Texas, on Wednesday, spilling oil into waters near busy shipping channels and closing the only road to a small neighboring island. No injuries were reported.

    The impact sent pieces of the bridge, which connects Galveston to Pelican Island, tumbling on top of the barge and shut down a stretch of waterway so crews could clean up the spill. The accident knocked one man off the vessel and into the water, but he was quickly recovered and was not injured, said Galveston County Sheriff’s Office Maj. Ray Nolen.

    Ports along the Texas coast are hubs of international trade, but experts said the collision was unlikely to result in serious economic disruptions since it occurred in a lesser-used waterway. The island is on the opposite side of Galveston Island’s beaches that draw millions of tourists each year.

    The accident happened shortly before 10 a.m. after a tugboat operator pushing two barges lost control of them, said David Flores, a bridge superintendent with the Galveston County Navigation District.

    “The current was very bad, and the tide was high," Flores said. “He lost it.”

    Pelican Island is only a few miles wide and is home to Texas A&M University at Galveston, a large shipyard and industrial facilities. Fewer than 200 people were on the campus when the collision happened, and all were eventually allowed to drive on the bridge to leave. The marine and maritime research institute said it plans to remain closed until at least Friday. Students who live on campus were allowed to remain there, but university officials warned those who live on campus and leave “should be prepared to remain off campus for an unknown period of time.”

    The accident came weeks after a cargo ship crashed into a support column of the Francis Key Bridge in Baltimore on March 26, killing six construction workers.

    The tugboat in Texas was pushing bunker barges, which are fuel barges for ships, Flores said. The barge, which is owned by Martin Petroleum, has a 30,000-gallon capacity, but it's not clear how much leaked into the bay, said Galveston County spokesperson Spencer Lewis. He said about 6.5 miles (10.5 kilometers) of the waterway were shut down because of the spill.

    The affected area is miles away from the Gulf Intracoastal Waterway, which sees frequent barge traffic, and the Houston Ship Channel, a large shipping channel for ocean-going vessels. Aside from the environmental impact of the spill, the region is unlikely to see large economic disruption as a result of the accident, said Marcia Burns, a maritime transportation expert at the University of Houston

    “Because Pelican Island is a smaller location, which is not in the heart of commercial events, then the impact is not as devastating," Burns said. “It’s a relatively smaller impact.”

    At the bridge, a large piece of broken concrete and debris from the railroad hung over the side and on top of the barge that rammed into the passageway. Flores said the rail line only serves as protection for the structure and has never been used.

    Opened in 1960, the Pelican Island Causeway Bridge was rated as “Poor” according to the Federal Highway Administration’s 2023 National Bridge Inventory released last June.

    The overall rating of a bridge is based on whether the condition of any of its individual components — the deck, superstructure, substructure or culvert, if present — is rated poor or below.

    In the case of the Pelican Island Causeway Bridge, inspectors rated the deck in “Satisfactory Condition,” the substructure in “Fair Condition” and the superstructure — or the component that absorbs the live traffic load — in “Poor Condition.”

    The Texas Department of Transportation had been scheduled in the summer of 2025 to begin construction on a project to replace the bridge with a new one. The project was estimated to cost $194 million. In documents provided during a virtual public meeting last year, the department said the bridge has “reached the end of its design lifespan, and needs to be replaced.” The agency said it has spent over $12 million performing maintenance and repairs on the bridge in the past decade.

    The bridge has one main steel span that measures 164 feet (50 meters), and federal data shows it was last inspected in December 2021. It’s unclear from the data if a state inspection took place after the Federal Highway Administration compiled the data.

    The bridge had an average daily traffic figure of about 9,100 cars and trucks, according to a 2011 estimate.

    ___

    Lozano reported from Houston. Associated Press reporters Christopher L. Keller in Albuquerque, New Mexico; Valerie Gonzalez in McAllen, Texas; Acacia Coronado in Austin, Texas; and Ken Miller in Oklahoma City contributed to this report.

    ExxonMobil, Intel eye sustainable solutions within data center innovation

    the view from heti

    Two multinational corporations have announced a new collaboration to create energy-efficient and sustainable solutions for data centers as the market experiences significant growth.

    ExxonMobil and Intel are working to design, test, research and develop new liquid cooling technologies to optimize data center performance and help customers meet their sustainability goals. Liquid cooling solutions serve as an alternative to traditional air-cooling methods in data centers.

    “Our partnership with ExxonMobil to co-develop turnkey solutions for liquid cooling will enable significant energy and water savings for data center and network deployments,” said Jen Huffstetler, Chief Product Sustainability Officer, Intel.

    According to consulting firm McKinsey, “a hyperscaler’s data center can use as much power as 80,000 households do,” and that demand is expected to keep surging. Power consumption by the U.S. data center market is forecasted “to reach 35 gigawatts (GW) by 2030, up from 17 GW in 2022,” according to a McKinsey analysis. Artificial intelligence and machine learning, and other advanced computing techniques are increasing computational workloads, and in return, increasing electricity demand. Therefore, companies are searching for solutions to support this growth.

    ExxonMobil launched its full portfolio of data center immersion fluid products last year. The partnership with Intel will allow them to further advance their efforts in this market.

    “By integrating ExxonMobil’s proven expertise in liquid cooling technologies with Intel’s long legacy of industry leadership in world-changing computing technologies, together we will further the industry’s adoption and acceptance as it transitions to liquid cooling technologies,” said Sarah Horne, Vice President, ExxonMobil.

    Learn more about this collaboration here.

    ———

    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.