.The Texas Energy Report

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.The Texas Energy Report

Artificial intelligence predicts algae potential as alternative energy source: Texas A&M

September 28, 2022 — Texas A&M AgriLife Research scientists are using artificial intelligence to set a new world record for producing algae as a reliable, economic source for biofuel that can be used as an alternative fuel source for jet aircraft and other transportation needs.

Joshua Yuan, Ph.D., AgriLife Research scientist, professor and chair of Synthetic Biology and Renewable Products in the Texas A&M College of Agriculture and Life Sciences Department of Plant Pathology and Microbiology, is leading the research project.

The team’s findings were published in January in Nature Communications. Ongoing research is funded by the U.S. Department of Energy Fossil Energy Office. The work is also being funded by a gift from Dr. John ’90 and Sally ’92 Hood, who recently met with Yuan to discuss his biofuels research program. The gift is managed by the Texas A&M Foundation.….
 

Silver Hill Energy Partners, LP Closes $1.02 Billion Fund Focused on Direct Investments in Premier Oil and Gas Basins Across the US: Press Release

September 21, 2022 — Dallas – Silver Hill Energy Partners, LP (“Silver Hill”), announced today that it has closed the franchise’s third partnership and first institutional private equity fund, Silver Hill Energy Partners III, LP (the “Partnership”), representing total capital commitments of $1,020,000,000. The Partnership has formed Silver Hill Energy Partners III, LLC, Silver Hill III Midstream, LLC and other regional affiliates (together with the Partnership, “Silver Hill III”), which is focused on the direct acquisition and development of operated onshore oil, natural gas and related infrastructure assets in premier basins across the U.S….
 

ERCOT Names Indiana Power Company Executive As New CEO

August 16, 2022 — The State of Texas went on a nationwide search for the leader of its crucial electric grid system, under the close direction of Governor Greg Abbott, and the ERCOT board settled on Pablo Vegas, an Ohio resident who’s currently an executive vice president of Indiana-based NiSource Inc.

Mr. Vegas lives in Ohio and is expected to report for the job as CEO of the Electric Reliability Council of Texas (ERCOT) on October 1st.

His hiring was announced on Tuesday, after an emergency meeting of the ERCOT board of directors on Monday following rumors that Vegas had been hired — rumors that the board feared would be leaked to the news media before an official announcement could be made….