Texas leaders discussed the opportunity for nuclear energy. Photo via htxenergytransition.org

The University of Texas at Austin Cockrell School of Engineering hosted an event on August 16th called Advanced Nuclear Technology in Texas, where Dow and X-Energy CEOs joined Texas Governor Greg Abbott for a discussion about why the Texas Gulf Coast is quickly becoming the epicenter for nuclear with the recent announcement about Dow and X-Energy. Dow and X-energy are combining efforts to deploy the first advanced small modular nuclear reactor at industrial site under DOE’s Advanced Reactor Demonstration Program

“Texas is the energy capital of the world, but more important is what we are doing with that energy and what it means for our future in the state of Texas,” said Abbott. “Very important to our state is how we use energy to generate power for our grid. For a state that continues to grow massively, we are at the height of our production during the day, and we generate more power than California and New York combined. But we need more dispatchable power generation. One thing we are looking at with a keen eye is the ability to expand our capabilities with regard to nuclear generated power.”

The Governor announced a directive to the Public Utilities Commission of Texas to formulate a workgroup that will make recommendations that aim to propel Texas as a national leader in advanced nuclear energy.

According to the directive, to maximize power grid reliability, the group will work to understand Texas’s role in deploying and using advanced reactors, consider potential financial incentives available, determine nuclear-specific changes needed in the Electric Reliability Council of Texas (ERCOT) market, identify any federal or state regulatory hurdles to development, and analyze how Texas can streamline and speed up advanced reactor construction permitting.

Below are five key takeaways about the project and why energy experts are excited about advanced nuclear energy:

  • Advanced SMR Nuclear Project for Carbon-Free Energy: Dow, a global materials science leader, has partnered with X-energy to establish an advanced small modular reactor (SMR) nuclear project at its Seadrift Operations site in Texas. The project aims to provide safe, reliable, and zero carbon emissions power and steam to replace aging energy assets.
  • Decarbonization and Emission Reduction: This collaboration is set to significantly reduce the Seadrift site’s emissions by approximately 440,000 metric tons of CO2 equivalent per year. By adopting advanced nuclear technology, Dow is making a notable contribution to decarbonizing its manufacturing processes and improving environmental sustainability.
  • Grid Stability and Reliability: The advanced nuclear technology offers enhanced power and steam reliability, ensuring a stable energy supply for Dow’s Seadrift site. This is crucial for maintaining uninterrupted manufacturing operations and contributing to overall electric grid stability.
  • Texas Gulf Coast Energy Hub: Texas, as the energy capital of the world, has been chosen as the location for this groundbreaking project. This selection underscores Texas’ exceptional business climate, innovation history, and commitment to leading the energy transition. The project builds upon Texas’ position as a global energy leader.
  • Economic Growth and Job Opportunities: The SMR nuclear project promises to bring economic growth to the Texas Gulf Coast. It is expected to create new jobs, provide economic opportunities, and strengthen the local economy. By embracing innovative and sustainable energy solutions, Dow and X-energy are driving both industrial advancement and community prosperity.
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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.

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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.