• Home

Tuesday, February 13, 2007

The emerging Alternative Energy City is............Houston??

I was as surprised as you were if you read Tuesday's Wall Street Journal Energy Report article on Houston becoming a leading alternative energy city.

Basically, the article describes how Houston has all the necessary ingredients to become to alternative energy what Boston is to Biotech. First - Houston has the major corporations to invest in and nurture the energy startups. It already has a number of emerging technology companies spanning the green energy spectrum - from Horizon Wind Energy to a number of biofuel players. The Houston area's universities provide the research expertise while green friendly government regulations and availability of specialized law and investment firms provide the support structure that is necessary for a flourishing technology hub.

People often wonder why Pittsburgh cannot become a major player in biotech, well, we have two powerhouse universities and a top notch medical center (U. of Pitt Med Center) but the industry does not have enough support from the major corporations or the local investment capital required to grow Pittsburgh from a mid to a top tier biotechnology cluster.

Anyways, I digress. If you look at the following highlights from the WSJ article, its pretty clear that Houston is on its way. In the future, when "H-town" is the topic of conversation, will we think of alternative energy before we think of the oil industry, "Kenny Boy" Lay and the Enron debacle, or the ridiculous number of sprawling highways and strip clubs? Maybe not, but if only a small number of these energy ventures pan out it would go a long way in making Houston a true "clutch city."

From WSJ:

BIG COMPANIES

Oil giants like Royal Dutch Shell, which has about 50 full-time Houston employees working in hydrogen and wind energy, house some of their U.S. alternative energy divisions in the city. GE bases its coal-gasification team in Houston, with 160 workers who specialize in new-product development and engineering. The industrial giant also houses major work in its burgeoning alternative-energy division elsewhere, such as in Schenectady, NY.

EMERGING PLAYERS
From its headquarters in downtown Houston, Horizon Wind Energy is building new sites around the country and expects to have 1,350 megawatts on line by the end of 2007. The seven-year-old company, formerly known as Zilkha Renewable Energy, was bought by Goldman Sachs in 2005 and is reportedly up for sale. The Houston region is a popular venue for new biodiesel facilities. Besides the Galveston Bay Biodiesel site, which is partially owned by Chevron, and a pair of new sites in the Houston Ship Channel, Imperial Petroleum Recovery is building a site 35 miles north of the city.

FINANCE

Leading law firms and energy financiers like Baker Botts have stationed alternative-energy experts in Houston. The city is also home to Standard Renewable Energy Group, an alternative-energy investment firm that is backing a variety of projects, including Trulite Inc., a company that develops electric generators that run on hydrogen. Standard Renewable is led by former Enron trader John Berger.

RESEARCH
Scientists at Rice University are hard at work on a variety of innovations in power delivery, biodiesel, hydrogen and other areas. The university hopes to garner more direct financial support soon from major oil companies. With a staff of 45 researchers and administrators, the nonprofit Houston Advanced Research Center in the Woodlands houses a 3,000-squarefoot life-sciences laboratory and works with other consortia on biofuels and hydrogen technology.

GOVERNMENT SUPPORT
Though some in the research community say more aggressive action is needed to keep up with other states, wind energy and biodiesel-industry players praise Texas' comparative support of new energy facilities. Houston's mayor, former Deputy Secretary of Energy Bill White, has pointed to alternative energy as a major priority and pursued a variety of initiatives to ensure that more of the city's power comes from renewable sources.

6 comments:

b cole said...

National Algae Association

Algae: The Next Biofuel

Inaugural

Algae Commercialization
Business Plan and Networking Forum

April 10, 2008

www.nationalalgaeassociation.com

Anonymous said...

Good day !.
might , probably curious to know how one can make real money .
There is no need to invest much at first. You may commense to get income with as small sum of money as 20-100 dollars.

AimTrust is what you need
The firm represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with affiliates around the world.
Do you want to become a happy investor?
That`s your choice That`s what you desire!

I`m happy and lucky, I began to get real money with the help of this company,
and I invite you to do the same. If it gets down to select a correct partner utilizes your savings in a right way - that`s AimTrust!.
I take now up to 2G every day, and my first deposit was 1 grand only!
It`s easy to get involved , just click this link http://bycofygy.kogaryu.com/lunupemu.html
and go! Let`s take our chance together to get rid of nastiness of the life

Anonymous said...

Good day !.
You re, I guess , probably curious to know how one can manage to receive high yields .
There is no initial capital needed You may begin to receive yields with as small sum of money as 20-100 dollars.

AimTrust is what you haven`t ever dreamt of such a chance to become rich
The firm represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with affiliates everywhere: In USA, Canada, Cyprus.
Do you want to become really rich in short time?
That`s your chance That`s what you wish in the long run!

I`m happy and lucky, I began to take up income with the help of this company,
and I invite you to do the same. If it gets down to choose a correct companion utilizes your funds in a right way - that`s AimTrust!.
I earn US$2,000 per day, and what I started with was a funny sum of 500 bucks!
It`s easy to join , just click this link http://sowaqewo.kogaryu.com/kyxebic.html
and go! Let`s take this option together to get rid of nastiness of the life

Anonymous said...

Hi !.
You re, I guess , probably very interested to know how one can make real money .
There is no need to invest much at first. You may commense earning with as small sum of money as 20-100 dollars.

AimTrust is what you haven`t ever dreamt of such a chance to become rich
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with structures everywhere: In USA, Canada, Cyprus.
Do you want to become an affluent person?
That`s your chance That`s what you wish in the long run!

I`m happy and lucky, I began to take up real money with the help of this company,
and I invite you to do the same. If it gets down to choose a correct companion utilizes your savings in a right way - that`s AimTrust!.
I make 2G daily, and my first investment was 500 dollars only!
It`s easy to join , just click this link http://cujumaved.easyfreehosting.com/melogun.html
and lucky you`re! Let`s take this option together to get rid of nastiness of the life

willy said...

To start with I would like to congratulate the creators of this blog, mainly because when I read it I enjoyed it very much.A few years ago I attended a conference called guanacaste costa rica real estate, at that conference had many interesting topics. Perhaps readers may find no relationship between the blog and this conference, but if someday can attend,would realize that there is much to do with this blog.

Steve said...

Hello .. firstly I would like to send greetings to all readers. After this, I recognize the content so interesting about this article. For me personally I liked all the information. I would like to know of cases like this more often. In my personal experience I might mention a book called Generic Viagra in this book that I mentioned have very interesting topics, and also you have much to do with the main theme of this article.

Google