EIC Connect Energy USA
Wednesday, 14 September at The Westin Memorial City Houston
945 Gessner Rd, Houston, TX 77024

EIC Connect Energy USA 2022

Much has changed since the last EIC Connect Energy USA in 2021: while clean energy sectors are experiencing quick growth as a myriad of capital-intensive projects and ambitious government funding programmes are announced; the ongoing conflict in Ukraine has laid bare the energy security dilemma faced by many countries dependent on Russian oil and gas. The US, as the world’s largest oil and gas producer and one of the leading markets for renewables and clean energy technologies, is ideally placed to capture opportunities presented in this dynamic environment: the country currently has a 1,300-project pipeline demanding US$1.2 trillion in capital investment.

The oil and gas sector remains a driving force in the country as producers are urged to increase output in order to curb rising prices. US LNG export projects – which alone account for US$220bn of CAPEX in EICDataStream – are now under the spotlight as the Biden administration seeks to help European countries reduce their reliance on Russian gas. The question of how to reduce the carbon footprint of oil and gas operations remains central to O&G activity, however, leading operators and contractors to invest, innovate and collaborate on solutions to deliver projects and meet supply challenges.
Clean energy, meanwhile, is the rising star in the US energy market. While the onshore wind and solar PV markets continue to expand and capture an increasingly larger share of the country’s electricity matrix, emerging segments such as offshore wind, battery storage and green hydrogen are now attracting massive investment from established renewable energy developers as well as IOCs looking to diversify their operations. Offshore wind alone now accounts for US$108bn of investment in current and future projects, while energy transition sectors including clean hydrogen, energy storage and carbon capture currently accumulate US$184.1bn in projected CAPEX.

Serving as a meeting place for developers, oil companies and contractors from the entire energy spectrum, EIC Connect Energy USA is the go-to platform for the supply chain to engage, discuss and identify business opportunities in the US energy market.

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