Houston's high concentration of energy expertise and experience has meant a large number of relocations to the Houston region in recent decades. The region offers access to 3million workers and more engineers than any other U.S. metro. With more than 600 exploration and production firms, 1,100 oilfield service companies and more than 180 pipeline transportation establishments, Houston is truly the Energy Capital of the World.
Additionally, new energy technologies such as hydraulic fracturing and deep-water offshore technology began or are centered in Houston. On top of this, Houston's petrochemical sector is experiencing record level growth with $50 billion in dollars of facility construction underway.
As the brain trust of the global energy industry, Houston’s ecosystem offers a competitive advantage to energy companies working in solar, wind, biomass and other renewables activities. The region has a growing base of solar energy sources and is home to more than 100 solar related companies.
As Houston continues to leverage its unique strengths with expertise, talent, and ability to scale, the region is creating an environment that naturally fosters emerging digital technology companies and their R&D work.
At least 21 of the Houston’s 40 corporate R&D centers are focused on energy technology and innovation. You can find a healthy mix of innovative start-ups to experienced and evolved tech companies focusing on a range of activity, including blockchain, data analytics and AI.
You can find a healthy mix of innovative startups to experienced and evolved tech companies focusing on a range of activity, including blockchain, data analytics and AI. Energy startups represent 15% of Houston’s digital tech startups, employing more than 2,000 tech savvy entrepreneurs and professionals.
Get additional insight through these resources.
Straightforward information to answer questions frequently asked about the Houston region - from demographics to key industries.
A critical fact-based commentary on regional economic data to help the Houston business community make informed decisions.
An in-depth look at Houston’s economy and business climate, and a key resource for companies and site selectors alike.