7 can't-miss innovation events at CERAWeek featuring Houston speakers

where to be

Here's what to attend at CERAWeek if you're interested in hearing from Houston innovators. CERAWeek/Facebook

With the return of in-person programming, hundreds of energy experts, C-level executives, diplomats, members of royal families, and more are descending upon Houston for the 2022 CERAWeek by IHS Markit taking place in downtown March 7 to 11. The conference is bringing back its Agora track, focused on innovation within the energy sector.

Agora's events — thought-provoking panels, intimate pods, and more — will take place alongside the main conference at The Hilton Americas-Houston. A note to attendees that masks, proof of vaccination, and a negative COVID test are all required at registration.

As one might expect, Houston innovators will be attending and speaking at this energy industry mainstay. Here are five innovation-focused events you can't miss during CERAWeek that feature Houstonians.

Monday, March 7 — Innovations in Clean Tech Financing: Are investors ready & willing?

Investor demand for clean tech assets has been a leading indicator for company-level action on energy transition strategies. With higher commodity prices attracting renewed interest in the role of oil and gas companies as energy transition drivers, investors have once again reengaged with elements of the industry that were difficult to fund only months ago. What is the balance for clean tech plays versus progress on net-zero approaches at existing firms? How do legacy business models need to change to adapt to investor concerns about the pace of the energy transition? How can companies better communicate with investors on clean tech deployment strategies, and how can investors speak the language of industry operators?

Session Speakers

  • Peter Gardett, IHS Markit
  • Juliana Garaizar, Greentown Labs
  • Brent Newcomb, Ecofin
  • Deepa Poduval, Black & Veatch

The panel takes place at 2 pm in the Agora Pod. Click here to learn more.

Monday, March 7 — AI in the Energy Production Process: Unlocking energy transition opportunities

The world is pursuing a lower-carbon energy mix with great intent and energy companies are grasping new opportunities that encompass much more of the energy value chain than old business models, including closer engagement with end-use customers. Headwinds exist in the form of high costs, the pace of change and ever-changing regulatory burdens. All companies are embracing digitalization and artificial intelligence (AI) seems set to have a significant role in a rapidly changing, data-intense energy value chain. How might AI help unlock new and enhanced opportunities? What methods can help manage the mix of weather-dependent renewable energy and traditional energy sources to ensure low-carbon reliable supplies? How can we navigate and derive advantages from the new proximity between producers and end-users to drive efficiency and reduce cost? What risks or challenges remain to be mitigated or solved in applying AI to energy production? How quickly can we overcome them?

Session Speakers:

  • Michael Wynn, IHS Markit
  • Jon Guidroz, Microsoft
  • Francois Laborie, Cognite
  • Amish Sabharwal, AVEVA

The panel takes place at 4 pm in the Agora Pod. Click here to learn more.

Tuesday, March 8 — New Business Models for Bringing Climate Tech Solutions to Scale

As the energy system decarbonizes, it is becoming more complex and more interconnected. Today’s emerging energy system is fundamentally different, forcing companies to compete globally. New technologies will have to be developed to meet climate ambitions, evolving energy uses, and emerging new supply chains. How will corporate structures and business models change as new opportunities, but also new threats, emerge? What new business models can scale new technologies to support decarbonization efforts? What opportunities and challenges will companies face?

Session speakers:

  • Eduard Sala de Vedruna, IHS Markit
  • Barbara Burger, Chevron Corporation
  • Matt Kanan, Stanford University
  • Ernesto Gutiérrez de Piñeres, Ecopetrol

The panel takes place at 10:30 am in the Agora Pod. Click here to learn more.

Wednesday, March 9 — Energy Cities: From oil capitals to energy transition capitals

Cities are the source of significant climate-changing activity and mobility challenges and need to cooperate globally for solutions. What steps are the cities taking to tackle climate change and where are the leaders globally?

Session speakers:

  • Lyn Tattum, IHS Markit
  • Hon. Fahad Al-Jubair, Eastern Province Municipality
  • Hon. Barney Crockett, Aberdeen City Council
  • His Worship Michael Savage, Halifax Regional Municipality
  • Hon. Sylvester Turner, City of Houston

The panel takes place at 2:30 pm in the Agora Pod. Click here to learn more.

Thursday, March 10 — Advancing Energy Innovation: Growth of the ecosystem

Originating in the Silicon Valley, the term “Innovation Ecosystem is the evolving set of actors, activities, and artifacts, and the institutions and relations, including complementary and substitute relations, that are important for the innovative performance of an actor or a population of actors.” Creating energy sector innovation ecosystems has been challenging due to a multitude of participants, access to capital, role of governments, and challenges scaling promising technologies. With the need to develop and scale new technologies to achieve net zero by 2050, energy innovation will be the linchpin. What are critical factors for creating successful clean energy/tech innovation centers? Where are the most successful cleantech innovation ecosystems, and what makes them successful? Does the nature of the energy system make it less receptive to new ideas and innovations? How could governments incentivize these ecosystems? How could the pace of knowledge transfer be accelerated from innovation to deployment? With future growth in energy demand and investments centered in developing countries, how can new ecosystems be created in these countries?

Session Speakers:

  • Atul Arya, IHS Markit
  • Barbara Burger, Chevron Corporation
  • Robin Millican, Breakthrough Energy
  • Emily Reichert, Greentown Labs

The panel takes place at 12:30 pm in the Agora Pod. Click here to learn more.

Thursday, March 10 — “NextGen” Future Energy Leaders Town Hall

The race is on for innovative, fresh approaches to solve the world’s greatest energy and climate challenges. The emerging generation of future energy leaders, technologists, and entrepreneurs have unprecedented opportunity for impact and to create real change. The energy world is hungry and open to disruptive ideas. There never has been a more exciting—or urgent—time to be part of the energy industry. Join this special interactive “Next Gen” dynamic session, featuring rapid-fire insights by leading minds on energy innovation, along with CERAWeek Future Energy Leaders. How can we achieve net zero ambitions by 2050? How can we tackle climate change while meeting the planet’s need for more energy? What are the promising and scalable technologies? What are the challenges and most exciting opportunities?

Session Speakers:

  • Louis Carranza, MIT Energy Initiative
  • Ali Al Rawahi, Abu Dhabi National Oil Company (ADNOC)
  • Dr. Douglas J. Arent, National Renewable Energy Laboratory (NREL)
  • Juliana Garaizar, Greentown Labs
  • Sunita Narain, Centre for Science and Environment (CSE)
  • Jigar Shah, United States Department of Energy
  • Anish Simon, Equinor
  • Vijay Swarup, ExxonMobil Research and Engineering Company
  • Jordan Watson, Korn Ferry
  • Darryl Willis, Microsoft Corporation

The panel takes place at 5 pm in the Agora Pod. Click here to learn more.

At a panel at virtually hosted CERAWeek, energy innovation stakeholders discussed the future of cleantech. Photo via Getty Images

Overheard: How the energy tech ecosystem will evolve and the role of Houston innovators

eavesdropping in Houston

The energy technology and innovation ecosystem is comprised of stakeholders across the industry — from the academic institutions that house researchers in the field and the entrepreneurs with the big ideas to the venture backers who fund the scaling of these ideas and the corporations who put these new technologies into their supply chain.

A recent panel at CERAWeek by IHS Markit explored where the energy tech ecosystem is headed — and what all needs to be done to advance innovation. Missed the discussion or just want a refresher on on the highlights? Here are some significant overheard moments from the virtual panel.

“We need more energy innovation, and when we think about the energy system of the future there are key areas where we need more technology developed. We all need to encourage and support that early innovation.”

— Barbara Burger, vice president of innovation at Chevron and president of Chevron Technology Ventures. Burger mentions that it's about collaboration. "All of us play a role in a critical part of the development."

“Not only do we have to have the innovation pipeline, but then we’ve got to really move quickly to work with governments, corporations, public-private partnerships that can be formed around these technologies.”

— Ashley Grosh, vice president of Breakthrough Energy. Grosh echoes the need for collaborative efforts. No one part of the equation — such as corporates, scientists, academics, etc. — can move the needle by itself.

“We face a need to run the current energy system extremely well … while also envisioning a new energy system.”

— Burger says. Burger, who alludes to the state's recent power grid failure as an example, says this balancing act is a challenge across the board for energy companies.

“Government is going to have to play aggressively to solve the climate problem.”

— Ilan Gur, CEO of Activate Global Inc., a nonprofit organization that WORKS with U.S.-based funders and research institutions to support a group of fellows. Gur says there needs to be some aspect of incentivization somewhere in the innovation process to drive results.

“Where the market works, let it work. And where it needs help, let’s double down.”

— Burger says, adding that it will take the public, corporations, innovators, and capital to make a difference. "If you can align those all toward derisking then scaling that technology, we will all benefit from the fruits of that labor.

Here's what not to miss at the first all-virtual CERAWeek by IHS Markit. Screenshot via virtual.ceraweek.com

5 can't-miss innovation events at CERAWeek featuring Houston speakers

where to be online

While usually hundreds of energy experts, C-level executives, diplomats, members of royal families, and more descend upon Houston for the the annual CERAWeek by IHS Markit conference, this year will be a little different. Canceled last year due to COVID-19, CERAWeek is returning — completely virtually.

The Agora track is back and focused on innovation within the energy sector. The Agora track's events — thought-provoking panels, intimate pods, and corporate-hosted "houses" — can be accessed through a virtual atrium.

Undoubtedly, many of the panels will have Houston representatives considering Houston's dominance in the industry, but here are five innovation-focused events you can't miss during CERAWeek that feature Houstonians.

Monday — New Horizons for Energy & Climate Research

The COVID-19 pandemic has made vivid and real the risks of an uncontrolled virus. Risks posed by climate change are also becoming more palpable every day. At the forefront of understanding these risks, universities are developing solutions by connecting science, engineering, business, and public policy disciplines. Along with industry and governments, universities are critical to developing affordable and sustainable solutions to meet the world's energy needs and achieve net-zero emission goals. Can the dual challenge of more energy and lower emissions be met? What is some of the most promising energy and climate research at universities? Beyond research, what are the roles and responsibilities of universities in the energy transition?

Featuring: Kenneth B. Medlock, III, James A. Baker, III, and Susan G. Baker Fellow In Energy And Resource Economics, Baker Institute and Senior Director, Center For Energy Studies at Rice University

Catch the panel at 1 pm on Monday, March 1. Learn more.

Tuesday — Conversations in Cleantech: Powering the energy transition

With renewables investment outperforming oil and gas investment for the first time ever in the middle of a pandemic, 2020 was a tipping point in the Energy Transition. Low oil prices intensified energy majors' attention on diversification and expansion into mature and emerging clean technologies such as battery storage, low-carbon hydrogen, and carbon removal technologies. Yet, the magnitude of the Energy Transition challenge requires an acceleration of strategic decisions on the technologies needed to make it happen, policy frameworks to promote public-private partnerships, and innovative investment schemes.

Three Cleantech leaders share their challenges, successes, and lessons learned at the forefront of the Energy Transition. What is their vision and strategy to accelerate lowering emissions and confronting climate change? Can companies develop clear strategies for cleantech investments that balance sustainability goals and corporate returns? What is the value of increasing leadership diversity for energy corporations? Can the Energy Transition be truly transformational without an inclusive workforce and a diverse leadership?

Featuring: Emily Reichert, CEO of Greentown Labs, which is opening a location in Houston this year.

The event takes place at 11:30 am on Tuesday, March 2. Learn more.

Wednesday — Rice Alliance Venture Day at CERAWeek

The Rice Alliance for Technology and Entrepreneurship pitch event will showcase 20 technology companies with new solutions for the energy industry. Each presentation will be followed by questions from a panel of industry experts.

Presenting Companies: Acoustic Wells, ALLY ENERGY, Bluefield Technologies, Cemvita Factory, Connectus Global, Damorphe, Ovopod Ltd., DrillDocs, GreenFire Energy, inerG, Locus Bio-Energy Solutions, Nesh, Pythias Analytics, REVOLUTION Turbine Technologies, Revterra, ROCSOLE, Senslytics, Subsea Micropiles, Syzygy Plasmonics, Transitional Energy, and Universal Subsea.

The event takes place at 9 am on Wednesday, March 3. Learn more.

Thursday — How Will the Energy Innovation Ecosystem Evolve?

Although the cleantech innovation ecosystem—research institutions, entrepreneurs, financiers, and support institutions—is diverse and productive, converting cleantech discoveries and research breakthroughs into commercially viable, transformative energy systems has proven difficult. With incumbent energy systems economically efficient and deeply entrenched, cleantech innovation faces a fundamental dilemma—the scale economies necessary to compete require a large customer base that does not yet exist. How is our clean energy innovation ecosystem equipped to be transformative? What needs to be strengthened? Is it profitable to focus on individual elements, or should we consider the system holistically, and reframe our expectations?

Featuring: Barbara Burger, vice president of innovation at Chevron and president at Chevron Technology Ventures

The event takes place at 7:30 am on Thursday, March 4. Learn more.

Friday — Cities: Managing crises & the future of energy

Houston is the capital of global energy and for the past four decades the home of CERAWeek. Mayor Sylvester Turner will share lessons from the city's experience with the pandemic, discuss leadership strategies during times of crisis, and explore Houston's evolving role in the new map of energy.

The event takes place at 8 am on Friday, March 5. Learn more.

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2 Houston startups selected by US military for geothermal projects

hot new recruits

Two clean energy companies in Houston have been recruited for geothermal projects at U.S. military installations.

Fervo Energy is exploring the potential for a geothermal energy system at Naval Air Station Fallon in Nevada.

Meanwhile, Sage Geosystems is working on an exploratory geothermal project for the Army’s Fort Bliss post in Texas. The Bliss project is the third U.S. Department of Defense geothermal initiative in the Lone Star State.

“Energy resilience for the U.S. military is essential in an increasingly digital and electric world, and we are pleased to help the U.S. Army and [the Defense Innovation Unit] to support energy resilience at Fort Bliss,” Cindy Taff, CEO of Sage, says in a news release.

A spokeswoman for Fervo declined to comment.

Andy Sabin, director of the Navy’s Geothermal Program Office, says in a military news release that previous geothermal exploration efforts indicate the Fallon facility “is ideally suited for enhanced geothermal systems to be deployed onsite.”

As for the Fort Bliss project, Michael Jones, a project director in the Army Office of Energy Initiatives, says it’ll combine geothermal technology with innovations from the oil and gas sector.

“This initiative adds to the momentum of Texas as a leader in the ‘geothermal anywhere’ revolution, leveraging the robust oil and gas industry profile in the state,” says Ken Wisian, associate director of the Environmental Division at the U.S. Bureau of Economic Geology.

The Department of Defense kicked off its geothermal initiative in September 2023. Specifically, the Army, Navy, and Defense Innovation Unit launched four exploratory geothermal projects at three U.S. military installations.

One of the three installations is the Air Force’s Joint Base San Antonio. Canada-based geothermal company Eavor is leading the San Antonio project.

Another geothermal company, Atlanta-based Teverra, was tapped for an exploratory geothermal project at the Army’s Fort Wainwright in Alaska. Teverra maintains an office in Houston.

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This article originally ran on EnergyCapital.

Houston investor calls for all angels to move the ecosystem forward

houston innovators podcast episode 233

One of the biggest components of a well-functioning startup ecosystem is inarguably access to capital, and Mitra Miller is dedicated to enhancing education around investment and growing Houston's investor base.

As vice president and board member of the Houston Angel Network, the oldest angel network in Texas and one of the most active angel networks in the country, Miller strives to provide guidance to new and emerging angel investors as well as founders seeking to raise money from them.

"Most founders have no idea or understanding of how investors think — we are not an ATM," Miller says on the Houston Innovators Podcast. "We are really partners you are getting married to for the next 5, 8, 10 years — sometimes longer. We need to bring your allies in every sense of the word."



HAN, a nonprofit, provides a unique opportunity for its members, as Miller explains. The group consists of around 100 individuals from all business backgrounds, so evaluating companies together brings more than just a wealth of capital — but also a wealth of knowledge.

"What HAN provides is access to investments," Miller says, adding that members have the benefit in evaluating companies together with people from different backgrounds. "Inside a group like HAN, we have extraordinary expertise."

In addition to educating both founders and investors in the process, Miller has dedicated herself to providing opportunities for students in low-income parts of Houston to learn about the startup world. Eight years ago, she founded Eagle Investors, an organization that provides a year-long program that culminates in a group of students participating as judges for the Rice Business Plan Competition.

"They spend a year learning about innovation, entrepreneurship, and investing by meeting local investors, entrepreneurs, and service providers. They go around Houston to get to visit and ... experience all of the ecosystem," Miller says.

At RBPC, the cohort of high school students evaluate the pitches and select a company to provide a $5,000 prize.

Miller herself has been a judge at RBPC for 20 years now, and she's had a front row seat for watching Houston develop as an ecosystem. She's seen the city make real progress, but has one major call to action.

"The piece that I am most aware of that I would like to see grow is activating more accredited investors who are interested in this asset class of early-stage companies and plugging in," Miller says. "They can also invest their time and knowledge to help companies in our region grow and scale."

Report: Houston secures spot on list of top 50 startup cities

by the numbers

A new ranking signals great promise for the growth of Houston’s startup network.

Houston ranks among the world’s top 50 startup cities on a new list from PitchBook, a provider of data and research about capital markets. In fact, Houston comes in at No. 50 in the ranking. But if you dig deeper into the data, Houston comes out on top in one key category.

The city earns a growth score of 63.8 out of 100 — the highest growth score of any U.S. city and the seventh highest growth score in the world. In the growth bucket, Houston sits between between Paris (64.4) and Washington, D.C. (61.7).

The PitchBook growth score reflects short-term, midterm, and long-term growth momentum for activity surrounding venture capital deals, exits, and fundraising for the past six years.

PitchBook’s highest growth score (86.5) goes to Hefei, a Chinese manufacturing hub for electric vehicles, solar panels, liquid crystal displays, home appliances, and Lenovo computers.

The overall ranking is based on a scoring system that relies on proprietary PitchBook data about private companies. The system’s growth and development scores are based on data related to deals, exits, fundraising and other factors.

Houston earns a development score of 34.1 out of 100, which puts it in 50th place globally in that regard. This score measures the size and maturity of a city’s startup network.

Topping the overall list is San Francisco, followed by New York City and Beijing. Elsewhere in Texas, Austin appears at No. 16 and Dallas at No. 36.

The ranking “helps founders, operators, and investors assess locations when deciding where to expand or invest,” says PitchBook.

“Network effects matter in venture capital: Investors get more than half of their deals through referrals, according to research led by Harvard professor Paul Gompers,” PitchBook goes on to say. “So it stands to reason that dealmakers should seek these networks out when deciding where to do business.”

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