High Tech Road Show USA 2015
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2015 High Tech Road Show Sector Focus: Energy
 

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Texas embodies the very concept of energy production.  Three energy sub-clusters are active in Texas: Oil and gas exploration and production; electric/coal/nuclear power generation; and renewable and sustainable energy generation.  The geography and natural resources of Texas – along with the State’s excellent transportation systems, skilled labor force, and leadership in environmental research – give the State an energy advantage over other regional and international players.

A few facts that make Texas a world leader in energy:

•       There are over 848 operational oil and gas rigs in Texas, 48 percent of the national total.

•       Electrical transmissions and new energy development are free from federal regulation in Texas, the only State in the Union with its own power grid.

•       Texas is a major nuclear power-generating state, with almost 5,000 MW of installed nuclear power.

•       Texas leads the nation in installed wind capacity (12,214 MW) and is home to two of the largest wind farms in the western hemisphere.

•       The energy sector contributes more than $172 billion to the Texas economy.

•       Texas is #1 in total energy production, biodiesel production capacity, and solar energy potential.

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High Tech Road Show USA, an annual event of the National U.S.-Arab Chamber of Commerce
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