Houston can take inspiration from this young professionals workforce development program. Photo via Getty Images

In Appalachia, a region known for its economic highs and lows, CNX is redefining what success looks like for the region. Through its Mentorship Academy, CNX is not just filling jobs, but creating meaningful careers that keep young people rooted in their communities. This program, designed to bridge the gap between education and the workforce, has been a game-changer for students who might otherwise not come across the same opportunities.

For those of us in Houston and across Texas, the CNX Mentorship Academy offers a powerful blueprint that could be replicated in our own communities. The challenges faced by young people in Appalachia — limited career options, economic downturns, and the pressure to leave home in search of better opportunities — are not unique to that region. Here in Texas, particularly in our rural areas and economically challenged neighborhoods, many young people face similar hurdles. But what if we could offer them the same kind of opportunities that CNX is providing in Appalachia?

At a recent graduation event held at PNC Park in Pittsburgh, the impact of the CNX Mentorship Academy was evident. The students who graduated that day were not just receiving diplomas; they were stepping into new careers and brighter futures. These young people, who had once been uncertain about their paths, are now equipped with the skills and confidence to succeed in high-paying jobs within their own communities.

One of the key takeaways from CNX’s approach is the importance of exposure. In many cases, students simply aren’t aware of the opportunities that exist in their own backyard. As industries like coal and automotive have declined in Appalachia, many young people believed their only option was to leave the region or settle for low-paying jobs. The shale revolution, however, has brought new life to the area, particularly in the energy sector. CNX recognized this and decided to use it as a platform to uplift the next generation.

The Mentorship Academy targets students who might not be on the traditional college-bound track. These are the kids who show up to school every day but don’t necessarily have a clear direction. This approach has allowed the program to tap into the potential of students who might otherwise be overlooked.

What truly sets the CNX Mentorship Academy apart is its hands-on approach. The students don’t just learn about career opportunities; they experience them. Whether it’s through site visits, internships, or working directly with mentors from companies like Evolution and CNX, these young people are getting a real taste of what their future could look like. “It's all about exposure. Like, you know, we can pour all the money into the schools you want... but if they don't have the opportunities to actually see it for themselves, experience it for themselves, it doesn't stick,” another speaker emphasized at the event.

The success stories coming out of the CNX Mentorship Academy are inspiring. One graduate, who initially entered the program disengaged and uncertain, has since become one of its biggest advocates. After securing a job with his preferred company, he’s now leading the charge in getting other students involved, showcasing his newfound leadership skills. “You can have multiple dreams... It's just, you know, being willing to take a risk, step outside and try something new,” he said, reflecting on his journey.

For Houston and Texas as a whole, the CNX Mentorship Academy offers a model worth emulating. The program’s success lies not just in its ability to place students in jobs, but in its focus on preparing them for careers that provide stability and growth. By connecting students with local industries and giving them the tools they need to succeed, CNX is helping to ensure that the next generation of workers is both capable and motivated.

The best part? The CNX Mentorship Academy’s blueprint is open-source, designed to be replicated in other regions. “There is no secret sauce. Everything is wide open... So this can be copied and scaled in Colorado or in Texas or anywhere else where you would want to duplicate this,” the program leaders shared.

As Houston continues to grow and evolve, programs like the CNX Mentorship Academy offer a valuable lesson: success isn’t just about getting a job; it’s about building a career and a future that benefits both the individual and the community. By adopting and adapting this model, we can create similar opportunities for our own youth, ensuring that they too have the chance to stay and thrive in their own backyards.

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Julie McLelland is co-founder and head of product at Digital Wildcatters, a Houston-based company creating and cultivating a community for the next generation of energy professionals.

The layoffs could affect about 14,000 of the 140,473 workers employed by the Austin, Texas, company at the end of last year. Photo courtesy of Tesla

Tesla plans to lay off 10 percent of workforce after dismal quarterly sales

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After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday.

CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about 14,000 of the 140,473 workers employed by the Austin, Texas, company at the end of last year.

Musk's memo said that as Tesla prepares for its next phase of growth, “it is extremely important to look at every aspect of the company for cost reductions and increasing productivity,” The New York Times and CNBC reported. News of the layoffs was first reported by electric vehicle website Electrek.

Also Monday, two key Tesla executives announced on the social media platform X that they are leaving the company. Andrew Baglino, senior vice president of powertrain and energy engineering, wrote that he had made the decision to leave after 18 years with the company.

Rohan Patel, senior global director of public policy and business development, also wrote on X that he was leaving Tesla, after eight years.

Baglino, who held several top engineering jobs at the company and was chief technology officer, wrote that the decision to leave was difficult. “I loved tackling nearly every problem we solved as a team and feel gratified to have contributed to the mission of accelerating the transition to sustainable energy,” he wrote.

He has no concrete plans beyond spending more time with family and his young children, but wrote that he has difficulty staying still for long.

Musk thanked Baglino in a reply. “Few have contributed as much as you,” he wrote.

Shares of Tesla fell 4.8 percent Monday afternoon, hours after news of the layoffs and departures broke. Shares of Tesla Inc. have lost about one-third of their value so far this year as sales of electric vehicles soften.

Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers. The company said it delivered 386,810 vehicles from January through March, nearly 9 percent below the 423,000 it sold in the same quarter of last year.

Since last year, Tesla has cut prices as much as $20,000 on some models as it faced increasing competition and slowing demand. The price cuts caused used electric vehicle values to drop and clipped Tesla's profit margins.

The company has said it will reveal an autonomous robotaxi at an event in August.

Next week's can't miss event? The Future of Global Energy Conference, hosted in various locations around the Greater Houston area and online. Photo via Getty Images

Can't miss: The Future of Global Energy Conference

ENERGY IS EVERYWHERE

June 7-9 | The Future of Global Energy Conference

To highlight Houston's role in the global energy transition, the Greater Houston Partnership, Houston Energy Transition Initiative, and Center for Houston's Future will host a dynamic three-day conference focusing on the role community engagement, innovation and technology, workforce, and funding play in implementing Houston's energy transition strategy.

Start the series off with a kickoff reception on Wednesday evening at The Ion, located in the heart of the Innovation Corridor in Houston's midtown from 5:30-7:00 PM. Next, keep your carbon footprint low by tuning in virtually to Thursday's multi-session series highlighting Community*, Workforce, Innovation & Tech, and Funding–components necessary to evaluate and blend for an energy-abundant, low-carbon future.

The event concludes Friday with an Innovation Expo, luncheon, and closing reception to further connect organizations, companies, and individuals committed to a more sustainable and equitable energy industry of the future.

Speakers and panelists from the Department of Energy, local public sector, industry, academia, and business/investor community will engage in thoughtful conversations throughout the series. Click here to view the full agenda and register.

*Note: The Community Engagement and Equity virtual session is open for live stream to the public. Please be sure to pre-register for online access.

For a complete list of upcoming energy events, visit the Events tab right here on EnergyCapitalHTX.com.

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Energy expert on powering Texas by leading globally and acting locally

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Texas is known around the world for shaping energy trends, including conservation efforts. As we reflect on Earth Day this month, let’s take a closer look at where Texas is getting things right and where there is still room for improvement.

Texas is the nation’s top producer of energy across oil, gas, wind and solar power. We have built our identity on the idea of leading the world as a powerhouse for energy production, but Texas also has to deliver results to its residents and the United States; otherwise, our global leadership falls flat.

Measuring Texas’ Global Leadership

Texas is the nation’s largest energy producer, leading the U.S. in wind-powered electricity generation and rapidly expanding its solar capacity, according to the U.S. Energy Information Administration. Our state continues to lead nationally in large-scale energy investments, business-friendly policies and abundant natural resources.

Texas is not standing still or simply doing what it has always done. The state recognizes that to stay competitive, we must adapt and change. Diversification in the areas of liquefied natural gas exports and new investments in carbon and hydrogen capture are defining what the next chapter of Texas’ leadership will look like.

Energy leadership requires production, innovation and influence. Together, these will keep Texas as a formidable force in global energy production.

Our Local Texas Reality Is Important, Too

When we zoom in to look more closely at what is happening in Texas, the picture becomes a bit more nuanced. Our energy independence creates both flexibility and vulnerability, especially during major weather events such as winter storms and hurricanes.

Five years later, the effects of Winter Storm Uri remain in many of our minds. Demand for home generators has risen quickly in the state, with Houston leading the way due to grid uncertainty. As our population continues to rise quickly and more data centers are built in the state, grid stability remains a major factor in Texas’ ability to lead in energy innovation to meet the demands of residents.

ERCOT has developed a three-part plan to help mitigate the risk of grid failure during periods of extreme demand or emergencies. While this is an improvement over five years ago, Texas still needs to invest significantly in grid resiliency.

Texas’ Energy Market and Affordability

Often, proponents of our deregulated energy market in Texas hold it up as an example of healthy competition and consumer choice. Lawmakers claim that it gives residents the ability to select an energy plan that best meets their needs.

In practice, however, the market can be difficult to navigate. There are many electricity plans and providers, so residents often feel overwhelmed when navigating the energy market. With fluctuating rates, complex contracts and peak pricing structures, monthly energy bills can be surprising.

Additionally, as utility companies seek to distribute energy infrastructure costs to customers, prices are rising rapidly. According to TEPRI, electricity rates have risen by 30% since 2021, and the organization predicts an additional 29% increase by 2030.

A 60% increase in electricity prices over less than a decade will affect more than 4.1 million LMI (low- to moderate-income) households in Texas. Conservative projections by TEPRI estimate that by 2030, LMI households will pay an additional $863 annually for electricity, representing an electricity-pricing burden of 8.2%.

The energy affordability crisis is just beginning here in Texas, and greater education and proactive legislation are needed to help LMI households navigate the changing market and rising energy costs. LMI households are already choosing between paying for electricity and healthcare for their family members.

If Texas wants to remain a global leader in energy production, innovation, reliability and affordability, the rising cost of energy needs urgent attention.

Grid Resilience Is Mandatory

In addition to energy affordability, Texas frequently experiences extreme weather, making grid resilience foundational to its continued leadership in both local and global markets.

Between 1980 and 2024, Texas experienced 190 weather-related events with financial losses exceeding $ 1 billion. From hurricanes along the Gulf Coast to prolonged heat waves and drought, the state’s energy infrastructure is under increasing strain. These events necessitate that Texas invest in long-term planning and preparedness for its energy infrastructure.

Next Steps for Local Leadership

Texas needs to strengthen every part of its energy infrastructure. Leading locally means strengthening the grid by building out transmission, scaling battery storage, and deploying smarter, more responsive technology. At the same time, we need to make the market easier to navigate and ensure Texans are better educated and protected as they make energy decisions.

Additionally, as Texans become more informed about the energy landscape, it is crucial to equip them with the knowledge to use energy conservation tools such as programmable thermostats, mobile apps to monitor and adjust energy usage, shifting away from peak-hour usage and selecting energy plans without gimmicks or tricky clauses.

These important intersections are where Texas’ global leadership meets local impact in a critical time of change and transition in the Texas energy landscape.

Going Forward

Beyond addressing the critical issues of reliability and affordability at home here in Texas, it is important to recognize that they are also global. While we already export our energy products to the world, we have a unique opportunity to also export solutions in grid innovation, market design and technologies that are applicable to varied environments and markets around the world.

If we get it right, Texas will be known for not only producing energy but also for shaping how energy systems evolve globally. In order for Texas to lead both locally and globally, we need to focus on performance through smarter infrastructure, thoughtful policy and informed consumers.

Because true energy leadership isn’t just about how much we produce, it’s about performance, access and impact from Texas communities to the global stage, which is an imperative that goes far beyond Earth Day.

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Sam Luna is director at BKV Energy, where he oversees brand and go-to-market strategy, customer experience, marketing execution, and more.

Houston energy transition hub opens applications for new fundraising cohort

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EnergyTech Cypher has opened applications for its second Liftoff fundraising program.

Applications close May 20 for the 10-week virtual fundraising sprint. The program is geared toward energy and climatech founders preparing to raise their first institutional round. It will cover fundraising requisites, like pitch materials, term sheet negotiation and round closing, according to a release from EnergyTech Cypher.

The program kicks off June 1 and runs every Monday from 1-3 p.m. CST. It will conclude with an in-person capstone simulation in Houston on August 3, where founders will work to close a mock round.

Jason Ethier, EnergyTech Cypher founder and CEO, will lead the program with Payal Patel, an EnergyTech fellow and entrepreneur in residence.

The program is available through Cephyron, EnergyTech Cypher's new investor relationship management platform, built specifically for energy and climatech founders. Users must have a Cephyron Boost membership to participate in the Liftoff program.

The Cephyron IRM app recently went live and is available to founders at any point in their fundraising process, according to the news release. The platform aggregates investor data, tracks market signals and delivers curated weekly recommendations.

EnergyTech Cypher launched Liftoff last year. The inaugural cohort included 19 startups, including Houston-based AtmoSpark Technologies, The Woodlands-based Resollant and others. Each participant closed at least one fundraising deal, according to EnergyTech Cypher.

EnergyTech Cypher rebranded from EnergyTech Nexus earlier this year. It also launched its CoPilot accelerator in 2025. The inaugural group presented its first showcase during CERAWeek last month.

EnergyTech Cypher's annual Pilotathon Pilot Pitch and Showcase applications also opened this month. Find more information here.

Houston climatech startup raises $29M funding round​

fresh funding

Houston-based NanoTech Materials has closed a $29.4 million Series A.

The round was led by Austin-based HPI Real Estate & Investments. Houston-based Goose Capital and Austin-based Milliken & Company also participated.

Nanotech has developed its patented Insulative Ceramic Particle (ICP) technology, which reduces heat transfer in buildings and outdoor infrastructure, improving efficiency and safety. It's known for its Cool Roof Coat, Wildfire Shield and Insulative Coat: Cool Touch product lines.

With the new funding, Nanotech plans to scale operations and expand its market reach for its products.

“We’re addressing one of the pressing and urgent challenges facing infrastructure owners today: controlling energy costs and extending asset life,” Mike Francis, CEO and co-founder of NanoTech Materials, said in a news release. “This financing marks a transformative moment for us. It allows us to rapidly scale production and bring our high-performance materials to market faster, while delivering measurable cost savings and redefining what resilience looks like in today’s built environment.”

Nanotech launched in 2020 and was the first company selected for Halliburton Labs. It moved into a 43,000-square-foot space in Katy in 2023. It brought on new partners that expanded the company's reach in the Middle East and Singapore the following year. Its technology was recognized as one of Time magazine's 200 Best Inventions of 2024.

“We were early investors in Nanotech Materials and are pleased to continue supporting the company as it becomes a leader in breakthrough materials science and technology,” John Chaney, investor at Goose Capital and board member at NanoTech, added in the release. “NanoTech’s ability to elevate fire resilience and energy efficiency in the built environment is critical for strengthening and hardening infrastructure. Its pioneered approach is transforming current building standards and making our lives safer.”

The company has secured $34.4 million in total to date, according to the release. It raised an oversubscribed funding round in 2023 and a $5 million seed round in 2020.