The robots, developed by UH researchers, will provide a safer and more cost effective alternative to pipeline inspections, which are traditionally performed by human divers and require a great deal of time and money. Photo via UH.edu

Two professors at the University of Houston have developed an autonomous subsea vehicle that aims to decrease the number and severity of oil spills.

Known as SmartTouch technology, the Remote Operated Vehicles (ROVs) use smart touch sensors, video cameras and scanning sonars to inspect flange bolts in subsea pipelines, which are considered to lead to increased rates of leakage, according to a release from the university.

The ROVs, developed by UH's Zheng Chen and Gangbing Song, will provide a safer and more cost effective alternative to pipeline inspections, which are traditionally performed by human divers and require a great deal of time and money.

“By automating the inspection process with this state-of-the art robotic technology, we can dramatically reduce the cost and risk of these important subsea inspections which will lead to safer operations of offshore oil and gas pipelines as less intervention from human divers will be needed,” Chen, the Bill D. Cook Assistant Professor of Mechanical Engineering, said in a statement.

The technology will also be highly accurate in monitoring corrosion, which according to Song, the John and Rebecca Moores Professor of Mechanical Engineering, is responsible for most small leaks in subsea pipelines.

The project is funded by a $960,000 grant from the Bureau of Safety and Environmental Enforcement (BSEE), which is a part of the U.S. Department of the Interior. Chen and Song are also collaborating with Houston-based Oceaneering International on the development of the ROVs, which Oceaneering specializes in. Energy giant Chevron will evaluate the technology’s future commercialization, according to UH, and preliminary studies were funded by the university's Subsea Systems Institute.

Thus far, a prototype of the ROVs has been tested in Chen's lab at UH and in Galveston Bay. Experiments showed the technology's ability to inspect the looseness of subsea bolted connections, like flange bolts.

Chen and Song see other applications for their technology, as well.

"Ultimately, the project will push the boundaries of what can be accomplished by integrating robotics and structural health monitoring technologies," Chen added in the statement. "With proper implementation, the rate of subsea pipeline failure and related accidents will decrease, and subsea operations will be free to expand at a faster rate than before.”

Earlier this summer the UH Subsea Systems Institute and SPRINT Robotics teamed up to develop a robotics training program for the energy industry known as “Robotics in Energy.” The first of a series of two-day courses debuted in May and a subsequent course, Automation & Autonomy, will launch next month. Others are expected to be rolled out in the future as part of the university's Micro-Credentialing Programs in UH Energy.

Additionally Chevron and UH partnered up again last month to announce its inaugural cohort of UH-Chevron Energy Graduate Fellows.

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Fervo Energy bumps up IPO target to $1.82B

IPO update

Houston-based geothermal power company Fervo Energy is now eyeing an IPO that would raise $1.75 billion to $1.82 billion, up from the previous target of $1.33 billion.

In paperwork filed Monday, May 11 with the U.S. Securities and Exchange Commission, Fervo says it plans to sell 70 million shares of Class A common stock at $25 to $26 per share.

In addition, Fervo expects to grant underwriters 30-day options to buy up to 8.33 million additional shares of Class A common stock. This could raise nearly $200 million.

When it announced the IPO on May 4, Fervo aimed to sell 55.56 million shares at $21 to $24 per share, which would have raised $1.17 billion to $1.33 billion. The initial valuation target was $6.5 billion.

A date for the IPO hasn’t been scheduled. Fervo’s stock will be listed on Nasdaq under the ticker symbol FRVO.

Fervo, founded in 2017, has attracted about $1.5 billion in funding from investors such as Bill Gates-founded Breakthrough Energy Ventures, Google, Mitsubishi Heavy Industries, Devon Energy (which is moving its headquarters to Houston), Tesla co-founder JB Straubel, CalSTRS, Liberty Mutual Investments, AllianceBernstein, JPMorgan, Bank of America and Sumitomo Mitsui Trust Bank.

Fervo’s marquee project is Cape Station in Beaver County, Utah, the world’s largest EGS (enhanced geothermal system) project. The first phase will deliver 100 megawatts of baseload clean power, with the second phase adding another 400 megawatts. The site can accommodate 2 gigawatts of geothermal energy. Fervo holds more than 595,000 leased acres for potential expansion.

Cape Station has secured power purchase agreements for the entire 500-megawatt capacity. Customers include Houston-based Shell Energy North America and Southern California Edison.

Modular nuclear reactor company opens office in Houston

new to hou

The nuclear energy renaissance continues in Texas with an announcement by NuScale Power. The Oregon-based provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology announced in April it would be opening office space in Houston’s CityCentre.

“Opening this space in Houston underscores our commitment to meeting rising energy demand with safe, scalable nuclear technology,” John Hopkins, NuScale president and CEO, said in a news release. “This move expands our presence in a key market for partners, prospective customers, and stakeholders in addition to positioning us for the future as we focus on the near-term deployment of our industry-leading technology. Texas is leading the way in embracing advanced nuclear for grid resilience and industrial decarbonization, and we’re proud to expand our footprint and capabilities in this important region.”

Interest in nuclear power has been growing in recent years thanks to tensions with oil-rich nations, concerns about man-made climate change from fossil fuels, and the rapidly increasing power needs of data centers. Both Dow and Texas A&M University have announced expanded nuclear power projects in the last year, with an eye of changing the face of Texas’s energy industry through smaller, safer fission reactors.

Enter NuScale, founded in 2007 from technology developed at the University of Oregon. Their modular SMR technology generates 77 megawatts and is one of the only small modular reactors (SMR) to receive design approval from the U.S. Nuclear Regulatory Commission (NRC). These advances have led to runaway success for NuScale, whose stock has risen by more than 1,670 percent since the start of 2024.

The new operations campus in CityCentre is expected to facilitate the movement, installation and coordination of NuScale technology into the various energy systems. Typically, SMRs are used for off-grid installations, desalination operations, mining facilities and similar areas that lack infrastructure. However, the modularity means that they can be easily deployed to a variety of areas.

It comes none too soon. ERCOT projects that Texas data centers alone will require 77,965 megawatts by 2030.

Houston battery recycling company secures $32M in financing

fresh funding

Houston-based Ace Green Recycling has raised $32 million in private investment in public equity (PIPE) financing to support its future plans for growth.

The battery recycling technology company secured the financing with Athena Technology Acquisition Corp. II, a publicly traded special purpose acquisition company that Ace previously announced it plans to merge with. Once the merger is completed, Ace will become a publicly traded company on the Nasdaq Stock Exchange under the ticker symbol "AGXI."

Ace says the financing will be used to complete the merger and scale the company.

“This investment accelerates our mission to redefine battery recycling at a global scale,” Ace CEO Nischay Chadha said in a news release. “At Ace, we are deploying Greenlead® and LithiumFirst™ as a new standard–fully electrified, Scope 1 emissions-free solutions designed to replace legacy processes and unlock a cleaner supply chain for critical materials. We believe that the future of electrification depends on how efficiently and sustainably we recover these resources, and this milestone brings us meaningfully closer to that future.”

Ace says the funding will also be primarily used to fund capital expenditures related to the development of its planned flagship recycling facility, located outside of Beaumont, Texas. According to a February investor presentation, the facility is expected to launch in 2027. It will recycle lead-acid and lithium-ion batteries.

Ace agreed to a 15-year battery material supply agreement with Miami-based OM Commodities last year, in which OM Commodities would supply Ace with at least 30,000 metric tons of lead scrap to be recycled annually. Switzerland-based Glencore plc agreed to a 15-year offtake agreement to purchase up to 100 percent of ACE’s products from four of its planned lead-acid and lithium-ion battery recycling parks back in 2022.

Ace also reported that the funding will be put toward "supporting the expansion of operations and to fund the purchase of other companies," in the release.