Green Energy Startups Leading Houston’s Energy Transition
A vibrant business climate combined with the growth of venture capital funding in Houston has created fertile ground for companies of all stages aiming to power our world through the global energy transition. As the energy capital of the world, Houston has become a hub for startups and venture capitalists investing in the region’s energy future. Learn about some of the new carbon capture, energy storage, circular economy and hydrogen solutions emerging in Houston.
Ionada, based at Halliburton Labs, is a lean startup that leverages the latest digital technologies to reduce emissions from the marine and power generation industries. The company says Houston’s expertise and global network provide them with the perfect launch pad to scale their business to meet demand.
Energy transition companies (ETV)
Energy Transition Ventures invests in startups that drive or benefit from energy transition across all categories, including distributed energy, electrification, mobility, resource efficiency and enabling technologies. ETV’s most recent investments include green hydrogen company Ohmium; Dronebase, an aerial inspection company for renewable energy; and Resilient Power, a power electronics start-up that is launching a fast-charging product for next-generation electric vehicles.
Fysikes Biosolutions develops renewable green fuels through the production of hydrogen and concentrated CO2 from direct air capture and industrial CO2 capture technologies. The resulting solid biomaterials have multiple applications as fertilizers, food enhancers, water purification, and even as durable reducing agents in steel and cement production.
Katz Water Technologies (KWT)
KWT is developing an X-VAP solar thermal system to purify water without consuming electricity or fuel. This technology will provide a sustainable source of fresh water from previously unusable sources to end users without access to electricity or those looking to reduce their dependence on fossil fuels.
Pressure Corp deploys waste pressure power systems that turn industrial waste pressure into clean energy with no capital required from host facilities. By transforming wasted mechanical energy from pressure reduction stations into clean electricity, the company provides a mechanism for owners of industrial facilities to meet growing corporate ESG goals and growing demands from regulators and policymakers.
Renewell converts the millions of blocked inactive oil and gas wells, and their supporting infrastructure, into the cheapest, most efficient and most flexible energy storage device in the world. The prototype loads their energy storage device into these oil wells by lifting a cylindrical weight to the top of an oil well.
Current grid-scale energy storage technologies such as lithium-ion batteries make clean energy such as solar and wind less clean due to their manufacturing methods, short lifespan and of their toxic by-products. By introducing a highly efficient, inexpensive and clean alternative to lithium-ion batteries in industrial applications, Revterra claims it will enable greater integration of renewable energy.
Join the Greater Houston Partnership and the Center for Houston’s Future at the upcoming Future of Global Energy Conference presented by Chevron June 28-30 to discuss Houston’s role in the energy transition.