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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Houston energy trailblazer Fervo closes $462 million Series E

Fresh Funds

Houston-based geothermal energy company Fervo Energy has closed an oversubscribed $462 million series E funding round, led by new investor B Capital.

“Fervo is setting the pace for the next era of clean, affordable, and reliable power in the U.S.,” Jeff Johnson, general partner at B Capital, said in a news release.

“With surging demand from AI and electrification, the grid urgently needs scalable, always-on solutions, and we believe enhanced geothermal energy is uniquely positioned to deliver. We’re proud to support a team with the technical leadership, commercial traction, and leading execution capabilities to bring the world’s largest next-generation geothermal project online and make 24/7 carbon-free power a reality.”

The financing reflects “strong market confidence in Fervo’s opportunity to make geothermal energy a cornerstone of the 24/7 carbon-free power future,” according to the company. The round also included participation from Google, a longtime Fervo Partner, and other new and returning investors like Devon Energy, Mitsui & Co., Ltd., Mitsubishi Heavy Industries and Centaurus Capital. Centaurus Capital also recently committed $75 million in preferred equity to support the construction of Cape Station Phase I, Fervo noted in the release.

The latest funding will support the continued buildout of Fervo’s Utah-based Cape Station development, which is slated to start delivering 100 MW of clean power to the grid beginning in 2026. Cape Station is expected to be the world's largest next-generation geothermal development, according to Fervo. The development of several other projects will also be included in the new round of funding.

“This funding sharpens our path from breakthrough technology to large-scale deployment at Cape Station and beyond,” Tim Latimer, CEO and co-founder of Fervo, added in the news release. “We’re building the clean, firm power fleet the next decade requires, and we’re doing it now.”

Fervo recently won Scaleup of the Year at the 2025 Houston Innovation Awards, and previously raised $205.6 million in capital to help finance the Cape Station earlier this year. The company fully contracted the project's capacity with the addition of a major power purchase agreement from Shell this spring. Fervo’s valuation has been estimated at $1.4 billion and includes investments and support from Bill Gates.

“This new investment makes one thing clear: the time for geothermal is now,” Latimer added in a LinkedIn post. “The world desperately needs new power sources, and with geothermal, that power is clean and reliable. We are ready to meet the moment, and thrilled to have so many great partners on board.”

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This article originally appeared on EnergyCapitalHTX.com.

Baylor center receives $10M NIH grant to continue rare disease research

NIH funding

Baylor College of Medicine’s Center for Precision Medicine Models received a $10 million, five-year grant from the National Institutes of Health last month that will allow it to continue its work studying rare genetic diseases.

The Center for Precision Medicine Models creates customized cell, fly and mouse models that mimic specific genetic variations found in patients, helping scientists to better understand how genetic changes cause disease and explore potential treatments.

The center was originally funded by an NIH grant, and its models have contributed to the discovery of several new rare disease genes and new symptoms caused by known disease genes. It hosts an online portal that allows physicians, families and advocacy groups to nominate genetic variants or rare diseases that need further investigation or new treatments.

Since its founding in 2020, it has received 156 disease/variant nominations, accepted 63 for modeling and produced more than 200 precision models, according to Baylor.

The center plans to use the latest round of funding to bring together more experts in rare disease research, animal modeling and bioinformatics, and to expand its focus and model more complex diseases.

Dr. Jason Heaney, associate professor in the Department of Molecular and Human Genetics at BCM, serves as the lead principal investigator of the center.

“The Department of Molecular and Human Genetics is uniquely equipped to bring together the diverse expertise needed to connect clinical human genetics, animal research and advanced bioinformatics tools,” Heaney added in the release. “This integration allows us to drive personalized medicine forward using precision animal models and to turn those discoveries into better care for patients.”

Houston institutions launch Project Metis to position region as global leader in brain health

brain trust

Leaders in Houston's health care and innovation sectors have joined the Center for Houston’s Future to launch an initiative that aims to make the Greater Houston Area "the global leader of brain health."

The multi-year Project Metis, named after the Greek goddess of wisdom and deep thought, will be led by the newly formed Rice Brain Institute, The University of Texas Medical Branch's Moody Brain Health Institute and Memorial Hermann’s comprehensive neurology care department. The initiative comes on the heels of Texas voters overwhelmingly approving a ballot measure to launch the $3 billion, state-funded Dementia Prevention and Research Institute of Texas (DPRIT).

According to organizers, initial plans for Project Metis include:

  • Creating working teams focused on brain health across all life stages, science and medical advances, and innovation and commercialization
  • Developing a regional Brain Health Index to track progress and equity
  • Implanting pilot projects in areas such as clinical care, education and workplace wellness
  • Sharing Houston’s progress and learnings at major international forums, including Davos and the UN General Assembly

The initiative will be chaired by:

  • Founding Chair: Dr. Jochen Reiser, President of UTMB and CEO of the UTMB Health System
  • Project Chair: Amy Dittmar, Howard R. Hughes Provost and Executive Vice President of Rice University
  • Project Chair: Dr. David L. Callender, President and CEO of Memorial Hermann Health System

The leaders will work with David Gow, Center for Houston’s Future president and CEO. Gow is the founder and chairman of Gow Media, InnovationMap's parent company.

“Now is exactly the right time for Project Metis and the Houston-Galveston Region is exactly the right place,” Gow said in a news release. “Texas voters, by approving the state-funded Dementia Prevention Institute, have shown a strong commitment to brain health, as scientific advances continue daily. The initiative aims to harness the Houston’s regions unique strengths: its concentration of leading medical and academic institutions, a vibrant innovation ecosystem, and a history of entrepreneurial leadership in health and life sciences.”

Lime Rock Resources, BP and The University of Texas MD Anderson Cancer Center served as early steering members for Project Metis. HKS, Houston Methodist and the American Psychiatric Association Foundation have also supported the project.

An estimated 460,000 Texans are living with dementia, according to the Alzheimer’s Association, and more than one million caregivers support them.

“Through our work, we see both the immense human toll of brain-related illness and the tremendous potential of early intervention, coordinated care and long-term prevention," Callender added in the release. "That’s why this bold new initiative matters so much."

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