Houston’s undeniable capabilities position it as a natural frontrunner to lead the energy industry through its transformative transition. However, to achieve this leadership role, key players must prioritize crucial aspects such as capital formation, workforce development, community engagement, and collaboration, as discussed at the Partnership’s Future of Global Energy luncheon.
The luncheon convened over 800 energy professionals and a panel of experts who highlighted Houston’s rich history of energy talent, diverse innovation ecosystem, leadership and strong energy infrastructure, cementing its position as a key leader of the energy transition.
According to Bobby Tudor, CEO, Artemis Energy Partners and Chair, Houston Energy Transition Initiative, Houston has seen progressive growth in capital formation in the past few years. In 2021, capital inflows to Houston were $15 billion. Houston has also seen growth in venture capital funding, climbing from a national ranking of 8th place in 2017 to 6th place in 2021. Additionally, Tudor revealed that the number of energy transition-related private equity deals have increased dramatically since 2021.Read On