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Day 1 of Future of Global Energy: Houston Has Opportunity and Responsibility to Lead Energy Transition

Published Jun 29, 2021 by A.J. Mistretta

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Bobby Tudor presents during the first day of the Future of Global Energy conference

Houston can lure significant investment and hundreds of thousands of new jobs if the region takes decisive action to lead the global energy transition to a low-carbon future. That’s according to a new strategic plan released this week by the Greater Houston Partnership at the Future of Global Energy conference, a three-day event the organization is co-hosting with the Center for Houston’s Future. 

The strategy—Houston: Leading the Transition to a Low-Carbon World—breaks down how Houston can use its expertise and infrastructure in the energy and chemical sectors to accelerate low-carbon solutions. The goal is to position Houston as the leading global hub for energy and clean tech innovation. The strategy will guide the work of the Partnership’s Houston Energy Transition Initiative. 

“The global energy transition can either be viewed as a huge threat or as an extraordinary opportunity for Houston,” said Partnership President and CEO Bob Harvey in opening the conference. “We choose to view this as a tremendous opportunity to enhance the long-term economic future and global competitiveness of Houston.”

Harvey said that Houston has the knowledge base, skill sets, and infrastructure to help guide this work, “and it is simply imperative that we do so.”

Houston Mayor Sylvester Turner, who also spoke at the opening of the conference, referenced the city’s long identity as the Energy Capital of the World. “That title is ours to lose,” Mayor Turner said. “If we move forward in the energy transition in a smart and resilient way, we will stay at the forefront of the energy sector. The City of Houston’s innovation and adaptability will be key as the energy industry diversifies.”

In his keynote address, Bobby Tudor, chair of the Houston Energy Transition Initiative, outlined the elements of the strategy. Tudor, who is also chair of Tudor, Pickering, Holt & Co. LLC, discussed the advantages that will help Houston lead the effort—namely the region’s deep experience and knowledge base in all aspects of the industry as well as its significant existing infrastructure that will enable new technologies and solutions to scale. 

“There is no place in America – and few in the world – that matches Houston for its concentration of energy infrastructure,” Tudor said. See his full presentation here

The strategic plan highlights actions across value chains in three arenas:

  • Jumpstart and scale up emerging carbon-reduction sectors where Houston has a distinct advantage;
  • Focus on attracting and supporting companies in New Energy industries including wind energy, solar power and biofuels, along with advancing the renewable natural gas and low-carbon LNG value chains; and
  • Deploy cross-cutting initiatives to attract and grow companies in additional energy value-chains, ranging from electric vehicle systems to the decarbonization of natural gas and oil, from petrochemicals to nature-based solutions, and from energy efficiency technologies to geothermal energy production.

The plan includes an analysis by McKinsey & Co. that estimates as many as 560,000 jobs could be created by 2050 in the region through the development of low-carbon technologies, new government policies and the reskilling of talent, among other decisive actions. 

“Houston’s energy transition strategy is rooted in the city’s eagerness for innovation; our appetite for high-risk and high-reward business investments; and our capacity for executing on massive, complex projects around the world,” Tudor said. 

Harvey said it’s the Partnership’s responsibility to highlight a path forward for Houston and to help spur the conversations and the work to advance the Houston region. Success on that front will help ensure Houston remains a global city for years to come, he said. 

More than 40 Houston area companies have signed on to a letter of support for the Houston Energy Transition Initiative. See the letter and the signatories to date here. All companies and organizations in the region are invited to join in the commitment. 

Get more details about the Future of Global Energy, presented by Chevron. Learn more about the Houston Energy Transition Initiative and see the full strategic plan

 

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Longtime-Industry Leader, Jane Stricker joins the Partnership to lead Energy Transition Initiative 

11/11/21
HOUSTON (November 11, 2021) – The Greater Houston Partnership announced today that long-time energy expert Jane Stricker is joining the organization to serve in the newly created role of Executive Director of the Houston Energy Transition Initiative (HETI) and Senior Vice President, Energy Transition. In this role, Stricker will be responsible for further developing, leading, and overseeing the Partnership’s initiative to leverage Houston’s energy leadership strengths to accelerate global solutions for a low-carbon future. Stricker will lead a coalition of industry, academic and community partners to ensure the long-term economic competitiveness and advancement of the Houston region as leaders of the global energy transition.  “Jane is a thought leader in the energy industry who brings an extensive knowledge of the global energy ecosystem and the pathways to a low-carbon future,” said Bob Harvey, President and CEO of the Partnership. “She understands the importance of collaboration across the ecosystem to get results, and I am confident the work she will facilitate will position Houston as the global hub of the energy transition, driving our region’s long-term economic success. I’m incredibly pleased to welcome her aboard and look forward to her advancing this important effort for our community.”  Stricker joins the Partnership after more than twenty years at bp where, among her many accomplishments, she developed and delivered the National Petroleum Council’s study on carbon capture, use and sequestration. This effort included her facilitating the collaboration of 300 participants from more than 100 organizations, including industry, academia, government and NGOs. In her most recent role as Senior Relationship Manager of Regions, Cities and Solutions, she has acted as a critical partner to cities and industry to collaborate on innovative decarbonized energy solutions, working closely with entities such as the City of Houston on their Climate Action Plan along with Greentown Labs Houston.  “This is an exciting time for Houston and our energy ecosystem as we focus our efforts on leading the global energy transition,” said Stricker. “The challenge of our lifetime is addressing this dual challenge of meeting increased global energy demand while confronting global climate change. Houston is known for solving problems that matter. I believe through innovation, collaboration, and focus, our region can lead the way and deliver solutions that change the world.” Stricker is a contributing faculty member of the University of Houston’s Sustainable Energy Development Program, an advisory board member of the Energy Industries Council Connect Energy USA and a graduate of the 2020 Center for Houston’s Future Leadership Forum. She received her BA in Political Science and Public Administration from the University of Maryland, Baltimore and her MBA from Loyola University in Chicago. Stricker will start in her new position on January 1. ### Greater Houston Partnership The Greater Houston Partnership works to make Houston one of the best places to live, work and build a business. As the principal business organization in the Houston region, the Partnership advances growth across 12 counties by bringing together business and civic-minded leaders who are dedicated to the area’s long-term success. Representing more than 900 member organizations who employ approximately one-fifth of the region’s workforce, the Partnership is the place business leaders come together to make an impact. Learn more at Houston.org. A.J. Mistretta Vice President, Communications          (c) 504-450-3516 | amistretta@houston.org  
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