Bill Gates Says Texas Shows America’s Clean-Energy Future
“If you want to see what the cutting edge of next-gen clean energy innovation looks like, it’d be hard to find a place better than Texas,” Bill Gates wrote recently on his blog,” saying “amazing companies” are breaking ground across the state. “Each one represents a huge boon for the local economy, America’s energy security, and the fight against climate change.”
The world is undergoing an energy transition right now, fueled by the development and deployment of new clean energy technologies. The pace of innovation at the heart of this transition is happening faster than many people (including me!) dared hope. The progress makes me optimistic about the future — and excited about the role that American communities will play, especially in places like Texas.
Breakthrough Energy and I have invested more than $130 million into Texas-based entrepreneurs, institutions, and projects. It’s a big bet, but it’s one I’m confident in. Why? Because of the people. Nearly half a million Texans work in the oil and gas industry, and their skills are directly transferrable to next-generation industries. This workforce will help form the backbone of the world’s new clean energy economy, and it will cement Texas’s energy leadership for generations to come.
Many of the companies I’m seeing on this trip already employ or plan to employ oil and gas workers. One of those companies is Infinium, which is working on next-generation clean fuels for trucks, ships, and even planes. I’m visiting their first demonstration plant in Corpus Christi, where they’re turning waste CO2 and renewable energy into electrofuels — or eFuels — for trucks. They’ve already signed a deal with Amazon, and sometime soon, if you live in the area, you might get a delivery supported by Infinium eDiesel. The key to Infinium’s approach is that their fuels can be dropped into existing engines… I’m especially excited about the work they’re doing on sustainable aviation fuel, or SAF — which could reduce emissions from air travel by as much as 90 percent, according to company estimates. Infinium is in the process of converting an old gas-to-liquid plant in West Texas into a new facility that will increase the company’s capacity for producing eFuels ten-fold. Breakthrough Energy’s Catalyst program has invested in this first-of-its-kind plant, and I can’t wait to see it when it’s done.
Another company I’ll see is Mars Materials. They’re a Breakthrough Energy Fellows project working on a different way to reuse CO2. The company is developing a clever technique for turning captured carbon into one of the key components in carbon fiber, an ultra-light, ultra-strong material that is used in everything from clothing to car frames… The Mars Materials team relocated from California to Texas in part because of the skilled oil and gas talent that they could access in the state, and they aren’t the first Breakthrough Energy company to do that. I’m going to check out their lab, where their scientists are hard at work optimizing the conversion process.
Both companies assume abundant CO2, Gates writes, but “fortunately for them, Texas is also in the process of becoming a capital for direct air capture… A recent study found that Texas has the greatest DAC deployment potential in the country and could create as many as 400,000 jobs by 2050.” Already a direct air capture “hub” in Kingsville, Texas is expected to create 2,500 jobs over the next five years, while Houston has been selected as the site for one of America’s seven Regional Clean Hydrogen Hubs.
“If you want to catch a glimpse of our country’s clean energy future,” Gates writes, “you should head on down to the Lone Star State.”
Read more of this story at Slashdot.
“If you want to see what the cutting edge of next-gen clean energy innovation looks like, it’d be hard to find a place better than Texas,” Bill Gates wrote recently on his blog,” saying “amazing companies” are breaking ground across the state. “Each one represents a huge boon for the local economy, America’s energy security, and the fight against climate change.”
The world is undergoing an energy transition right now, fueled by the development and deployment of new clean energy technologies. The pace of innovation at the heart of this transition is happening faster than many people (including me!) dared hope. The progress makes me optimistic about the future — and excited about the role that American communities will play, especially in places like Texas.
Breakthrough Energy and I have invested more than $130 million into Texas-based entrepreneurs, institutions, and projects. It’s a big bet, but it’s one I’m confident in. Why? Because of the people. Nearly half a million Texans work in the oil and gas industry, and their skills are directly transferrable to next-generation industries. This workforce will help form the backbone of the world’s new clean energy economy, and it will cement Texas’s energy leadership for generations to come.
Many of the companies I’m seeing on this trip already employ or plan to employ oil and gas workers. One of those companies is Infinium, which is working on next-generation clean fuels for trucks, ships, and even planes. I’m visiting their first demonstration plant in Corpus Christi, where they’re turning waste CO2 and renewable energy into electrofuels — or eFuels — for trucks. They’ve already signed a deal with Amazon, and sometime soon, if you live in the area, you might get a delivery supported by Infinium eDiesel. The key to Infinium’s approach is that their fuels can be dropped into existing engines… I’m especially excited about the work they’re doing on sustainable aviation fuel, or SAF — which could reduce emissions from air travel by as much as 90 percent, according to company estimates. Infinium is in the process of converting an old gas-to-liquid plant in West Texas into a new facility that will increase the company’s capacity for producing eFuels ten-fold. Breakthrough Energy’s Catalyst program has invested in this first-of-its-kind plant, and I can’t wait to see it when it’s done.
Another company I’ll see is Mars Materials. They’re a Breakthrough Energy Fellows project working on a different way to reuse CO2. The company is developing a clever technique for turning captured carbon into one of the key components in carbon fiber, an ultra-light, ultra-strong material that is used in everything from clothing to car frames… The Mars Materials team relocated from California to Texas in part because of the skilled oil and gas talent that they could access in the state, and they aren’t the first Breakthrough Energy company to do that. I’m going to check out their lab, where their scientists are hard at work optimizing the conversion process.
Both companies assume abundant CO2, Gates writes, but “fortunately for them, Texas is also in the process of becoming a capital for direct air capture… A recent study found that Texas has the greatest DAC deployment potential in the country and could create as many as 400,000 jobs by 2050.” Already a direct air capture “hub” in Kingsville, Texas is expected to create 2,500 jobs over the next five years, while Houston has been selected as the site for one of America’s seven Regional Clean Hydrogen Hubs.
“If you want to catch a glimpse of our country’s clean energy future,” Gates writes, “you should head on down to the Lone Star State.”
Read more of this story at Slashdot.