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Permian Energy Development Lab

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uuid006hp7r

Namestring
Permian Energy Development Lab
Legal namestring
Permian Energy Development Lab
Websiteurl
pedl.tech
Company typeenum
Private
Founded yearint
2023
Descriptiontext

Permian Energy Development Lab (PEDL) is a 501(c)(3) public charity founded in 2023 and headquartered in Midland, Texas, serving the 66-county Permian Basin region spanning Eastern New Mexico and West Texas—an area that produces roughly 40% of U.S. crude oil and 15% of U.S. natural gas. Founded and incubated by the Cynthia and George Mitchell Foundation under Marilu Hastings, PEDL operates as a two-state consortium (New Mexico and Texas) bringing together seven universities (UT Austin, UT Permian Basin, UT El Paso, NMSU, NMT, Midland College, Odessa College), two national laboratories (Sandia and NREL), and energy industry partners to advance clean-energy systems while preserving economic vitality in energy-producing communities. Its work is organized around three pillars: advanced energy research, education and workforce development, and community development.

The organization's flagship technical asset is the Permian Integrated Energy System (PIES), a 320-acre demonstration site in Yoakum County, Texas, designed to co-locate solar, wind, hydrogen production, carbon capture and storage, produced water treatment, geothermal, and agrivoltaics within existing oil and gas infrastructure to capture integration efficiencies. The November 2025 Trinity Campus launch adds a Direct Air Capture and storage testbed on the PIES site (in partnership with Return Carbon and Roosevelt Resources) with an initial target of 10,000 tons CO2/year scaling to 100,000–500,000 tons/year. PEDL also publishes interactive geospatial maps overlaying energy infrastructure with socioeconomic data across the basin, the Community Archetypes research report segmenting the region into seven community types, and an Agrivoltaics Research Network.

PEDL has no commercial product and generates revenue through three streams: federal grants anchored by a $1 million NSF Engines Development Award (stepping toward a potential ten-year, $160 million NSF investment), tax-deductible public donations (tiered at $100, $500, $1,000 and custom amounts), and in-kind partner contributions (land, equipment, and technical expertise from partners such as Roosevelt Resources, SOLARCYCLE, Baker Hughes, Sandia, NREL, and the consortium universities). The go-to-market model is coalition-based—pairing community listening tours with industry, academic, and government convenings rather than direct sales.

Short descriptiontext

Permian Energy Development Lab (PEDL) is a 501(c)(3) nonprofit consortium advancing integrated clean-energy systems across the 66-county Permian Basin, anchored by a 320-acre demonstration site in Yoakum County, Texas, and funded by NSF grants, donations, and partner contributions.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMidland, United States
HQ citystring
Midland
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
advanced energy research, direct air capture, carbon capture storage, agrivoltaics research, workforce development programs
Industry3 codes
1Regenerative Agriculture & Soil Organic Carbon (SOC)
CodeEUABABAEPrimaryYes
2Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations)
CodeEUAEADAAPrimaryNo
3Geothermal Power Plant EPC
CodeEUAEAAAEPrimaryNo
NAICS code3 codes
  • Environmental Consulting Services54162
  • Support Activities for Mining2131
  • Geophysical Surveying and Mapping Services541360
SIC code2 codes
  • Services-Commercial Physical & Biological Research8731
  • Oil & Gas Field Exploration Services1382
Product category
Advanced Energy Research
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Donations and Charitable Contributions
TypeGrants Donations
Description

As a 501(c)(3) public charity, PEDL accepts tax-deductible donations from individuals, companies, and organizations. The website shows donation options of $1,000, $500, $100, and custom amounts with one-time, weekly, or monthly giving options.

pedl.tech
2National Science Foundation Grant
TypeOthers
Description

PEDL received a $1 million NSF grant covering a two-year period as the first step toward a potential ten-year, $160 million NSF Engines investment. This grant funds research, entrepreneurship and job creation initiatives.

pedl.tech
3Partnership Contributions
TypeOthers
Description

Various partners provide land assets (Roosevelt Resources providing 320 acres), expertise, and in-kind contributions to support PEDL's initiatives. Partners include companies like Baker Hughes, SOLARCYCLE, and others.

pedl.tech
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Pricing details1 tier
1Individual donation options available for public support
ModelOtherBilling cadenceMonthly
Notes

Donation tiers of $1,000, $500, $100, and custom amounts with options for one-time, weekly, or monthly donations

pedl.tech
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1PIES (Permian Integrated Energy System)
Description

A flagship project of PEDL centered on a 320-acre site in Yoakum County, Texas, designed to integrate renewables, carbon removal, water reuse, and other advanced energy technologies into a unified system.

pedl.tech
Core offering1 text field

Permian Energy Development Lab is a nonprofit research and community coalition that operates a 320-acre Permian Integrated Energy System (PIES) demonstration site in the Permian Basin to advance carbon capture, hydrogen, geothermal, agrivoltaics, and direct air capture technologies. Through its three pillars — advanced energy research, education and workforce development, and community development — the organization co-locates pilot and demonstration projects with academic and industry partners, runs workforce training programs, and convenes Permian Basin communities around data-driven research tools such as geospatial resource and socioeconomic maps.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Trinity Campus will capture approximately 10,000 tons of CO2 per year during initial phase, scaling to 100,000-500,000 tons annually
+2 more records
Product overview1 text field

Permian Energy Development Lab is a two-state (New Mexico and Texas) 501(c)(3) nonprofit consortium organized around three pillars: advanced energy research, education and workforce development, and community development. The core product is the Permian Integrated Energy System (PIES), a flagship initiative integrating renewables, carbon removal, water reuse, and advanced energy technologies on a 320-acre site. Key projects include the Trinity Campus (Direct Air Capture testbed), Geospatial Maps (resource and socioeconomic analytical tools), the Agrivoltaics Initiative, and the Community Archetypes research publication. Supporting programs include Education & Workforce Development and Community Development services. The organization does not offer a commercial product but rather serves as a research coalition and innovation accelerator.

Product and service1 record
1Permian Integrated Energy System (PIES) Initiative
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership22 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-11-20
Description

Leading project development and investment company in carbon markets, collaborating on Trinity Campus DAC and carbon storage testbed. Martijn Verwoerd serves as Managing Director. Partnership designed to validate emerging DAC technologies under real-world field conditions.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-11-20
Description

Energy producer with long history in the Permian, providing 320-acre site for PIES and advancing enhanced oil recovery and carbon sequestration. Elliott 'Tony' Roosevelt Jr. leads the firm. Initial storage pathway for captured CO2.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-11-07
Description

Fortune 500 energy technology company (Nasdaq: BKR) with over a century of experience. Ross Mitchell serves as VP of North America Land. Collaboration focuses on identifying opportunities to leverage Permian Basin's global center status.

Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2024-08-05
Description

Japanese technology firm subsidiary of TEPCO Power Grid, Japan's largest electric utility. CEO Kenji Tateiwa leads the company. Focus on flexible energy demand systems and closed-loop energy combining distributed computing and direct air capture with renewables.

Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2024-07-08
Description

Provides expertise in crop agrivoltaics and regenerative agriculture. Supports combining solar power generation with agricultural production and solar microgrid development.

Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2024-07-08
Description

Developing GeoBattery technology - grid-scale long-duration energy storage solution using underground reservoirs to store clean energy at reduced cost.

Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2024-07-08
Description

40-year-old geotechnical consultancy run by Steve Melzer. Provides expertise in geological reservoir characterization for advanced energy opportunities in the Permian Basin.

Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2024-07-08
Description

Working on sustainable solutions across the energy value chain including solar integration, helium recovery, traditional midstream operations and CO2 sequestration.

Strategic tierSupportingTypeStrategic or Co-development PartnerAnnounced on2024-06-06
Description

Swiss startup developing processes for recycling composite materials like glass fiber reinforced plastics from wind turbine blades. Partnership aims to create regional circular economy for composite materials.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-03-14
Description

Technology-focused energy company working on geothermal energy, carbon storage, energy storage and cleaner oil/gas solutions. Hamed Soroush serves as Founder and CEO. Focus areas include subsurface energy storage, geothermal assessment, and CCUS.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-02-13
Description

Solar panel recycling company providing panels for PIES site. CEO Suvi Sharma leads the company. Panels extend solar cell use and power produced water treatment, hydrogen production and agrivoltaics.

Strategic tierFounding/IncubatingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Launched and continues to incubate PEDL. Led by Executive Vice President Marilu Hastings, the foundation provides strategic direction and has been instrumental in founding the consortium. George Mitchell pioneered hydraulic fracturing and the foundation aims to transform oilpatch workers into climate change warriors.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner in the consortium providing education and workforce development expertise. Located in the heart of the Permian Basin.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner providing workforce training programs and curriculum development. Vice President Tramaine Anderson focuses on improving air and water quality while reducing carbon footprint.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Lead institution in the consortium, bringing the UT Energy Institute and 450 energy researchers. Brian Korgel serves as Director. Led the NSF Engines application effort.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner contributing research capabilities and community engagement through the Borderplex Alliance.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner hosting the Texas Water and Energy Institute. George Nnanna serves as Founding Dean of Engineering and is a key technical contributor.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner contributing New Mexico research expertise and community engagement.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner providing geological expertise through the New Mexico Bureau of Geology and Mineral Resources. Nelia Dunbar serves as director and state geologist.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner and key technical adviser. Thushara Gunda serves as technical lead for PEDL. Provides systems analysis and research capabilities.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner providing advanced energy research expertise. Jill Engel-Cox serves as senior research advisor. Supports socioeconomic analysis and mapping.

Strategic tierFoundingTypeStrategic or Co-development PartnerAnnounced on2023-03-30
Description

Founding partner providing energy research capabilities and regional expertise.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Greentown Labs is a clean energy startup incubator and accelerator supporting hardware entrepreneurs across climate and energy. Both PEDL and Greentown Labs convene startups, researchers, and corporate partners to commercialize advanced energy technologies, though Greentown Labs is hardware-startup focused and not regional.

TypeBroad incumbent
Description

NREL is the U.S. Department of Energy's primary national laboratory for renewable energy and energy efficiency R&D. While NREL is a PEDL founding partner, its scale and federal mission make it a broad incumbent peer in integrated clean energy systems and DAC research, and a potential competitor for federal funding.

TypeBroad incumbent
Description

EPRI is a large, established nonprofit conducting independent R&D across the electricity sector. EPRI's breadth and scale in energy research make it a broad incumbent peer to PEDL's integrated energy systems work, though EPRI is electricity-centric rather than oil-and-gas focused.

TypeDirect peer
Description

New Energy Nexus is a nonprofit ecosystem builder supporting diverse clean energy entrepreneurs globally. Like PEDL, it operates as a coalition and accelerator working across renewable energy, storage, and emerging technologies, and engages community stakeholders in energy transition.

TypeDirect peer
Description

Activate (formerly Cyclotron Road) is a nonprofit deep-tech fellowship supporting emerging science and engineering innovators tackling climate and energy challenges. Like PEDL, Activate bridges cutting-edge energy research with deployment, though at a national rather than regional scale.

6GTI Energy
TypeDirect peer
Description

GTI Energy is a nonprofit energy research and development organization addressing natural gas, hydrogen, carbon capture, and renewable integration. Like PEDL, GTI operates as a mission-driven R&D nonprofit partnering across industry, government, and academia to advance energy technologies.

TypeEmerging player
Description

Clean Energy Incubator is an emerging nonprofit supporting clean energy startups with mentorship and resources. Compared to PEDL's broader mission integrating workforce, community, and technology programs, this is a more narrowly focused emerging peer in the same general ecosystem.

TypeEmerging player
Description

CESA is a nonprofit coalition of state clean energy programs advancing clean energy markets and policy. Both PEDL and CESA serve as convening organizations for energy transition, though CESA focuses on state-level policy coordination rather than regional technology demonstration.

9Houston Energy Transition Initiative (HETI)
TypeRegional player
Description

HETI is a Houston-based energy transition initiative bringing together energy companies, academia, and community stakeholders to address workforce and technology challenges in a major U.S. oil and gas hub. Like PEDL, HETI focuses on transitioning legacy energy regions but serves the Gulf Coast rather than the Permian Basin.

TypeDirect peer
Description

PSP is a regional coalition of Permian Basin energy CEOs and executives focused on workforce, infrastructure, and community issues in the same 66-county region PEDL serves. PSP addresses energy community resilience and economic diversification, closely overlapping PEDL's community development and workforce mission in the same geography.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Permian Energy Development Lab

Advanced Energy Researchpedl.tech

Permian Energy Development Lab (PEDL) is a 501(c)(3) nonprofit consortium advancing integrated clean-energy systems across the 66-county Permian Basin, anchored by a 320-acre demonstration site in Yoakum County, Texas, and funded by NSF grants, donations, and partner contributions.

What Permian Energy Development Lab does

Permian Energy Development Lab (PEDL) is a 501(c)(3) public charity founded in 2023 and headquartered in Midland, Texas, serving the 66-county Permian Basin region spanning Eastern New Mexico and West Texas—an area that produces roughly 40% of U.S. crude oil and 15% of U.S. natural gas. Founded and incubated by the Cynthia and George Mitchell Foundation under Marilu Hastings, PEDL operates as a two-state consortium (New Mexico and Texas) bringing together seven universities (UT Austin, UT Permian Basin, UT El Paso, NMSU, NMT, Midland College, Odessa College), two national laboratories (Sandia and NREL), and energy industry partners to advance clean-energy systems while preserving economic vitality in energy-producing communities. Its work is organized around three pillars: advanced energy research, education and workforce development, and community development.

The organization's flagship technical asset is the Permian Integrated Energy System (PIES), a 320-acre demonstration site in Yoakum County, Texas, designed to co-locate solar, wind, hydrogen production, carbon capture and storage, produced water treatment, geothermal, and agrivoltaics within existing oil and gas infrastructure to capture integration efficiencies. The November 2025 Trinity Campus launch adds a Direct Air Capture and storage testbed on the PIES site (in partnership with Return Carbon and Roosevelt Resources) with an initial target of 10,000 tons CO2/year scaling to 100,000–500,000 tons/year. PEDL also publishes interactive geospatial maps overlaying energy infrastructure with socioeconomic data across the basin, the Community Archetypes research report segmenting the region into seven community types, and an Agrivoltaics Research Network.

PEDL has no commercial product and generates revenue through three streams: federal grants anchored by a $1 million NSF Engines Development Award (stepping toward a potential ten-year, $160 million NSF investment), tax-deductible public donations (tiered at $100, $500, $1,000 and custom amounts), and in-kind partner contributions (land, equipment, and technical expertise from partners such as Roosevelt Resources, SOLARCYCLE, Baker Hughes, Sandia, NREL, and the consortium universities). The go-to-market model is coalition-based—pairing community listening tours with industry, academic, and government convenings rather than direct sales.

Permian Energy Development Lab firmographics

Firmographics
Name
Permian Energy Development Lab
Legal name
Permian Energy Development Lab
Website
https://pedl.tech
Company type
Private
Founded year
2023
Operating status
Operating
Headcount range
11–50 employees
Short description
Permian Energy Development Lab (PEDL) is a 501(c)(3) nonprofit consortium advancing integrated clean-energy systems across the 66-county Permian Basin, anchored by a 320-acre demonstration site in Yoakum County, Texas, and funded by NSF grants, donations, and partner contributions.
Ownership category
akta.pro rank

Permian Energy Development Lab industry classification

Industry
Product category
Advanced Energy Research
NAICS
Environmental Consulting Services (54162), Support Activities for Mining (2131), Geophysical Surveying and Mapping Services (541360)
SIC
Services-Commercial Physical & Biological Research (8731), Oil & Gas Field Exploration Services (1382)
akta.pro primary industry
Regenerative Agriculture & Soil Organic Carbon (SOC) (EUABABAE)
akta.pro secondary industries
Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Geothermal Power Plant EPC (EUAEAAAE)

Keywords

  • Advanced energy research
  • Direct air capture
  • Carbon capture storage
  • Agrivoltaics research
  • Workforce development programs

Where Permian Energy Development Lab is headquartered

Location

Headquarters

HQ city
Midland
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Permian Energy Development Lab business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

  1. Donations and Charitable Contributions: As a 501(c)(3) public charity, PEDL accepts tax-deductible donations from individuals, companies, and organizations. The website shows donation options of $1,000, $500, $100, and custom amounts with one-time, weekly, or monthly giving options.
  2. National Science Foundation Grant: PEDL received a $1 million NSF grant covering a two-year period as the first step toward a potential ten-year, $160 million NSF Engines investment. This grant funds research, entrepreneurship and job creation initiatives.
  3. Partnership Contributions: Various partners provide land assets (Roosevelt Resources providing 320 acres), expertise, and in-kind contributions to support PEDL's initiatives. Partners include companies like Baker Hughes, SOLARCYCLE, and others.

Pricing tiers

ModelBillingPrice
OtherMonthlyIndividual donation options available for public support

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Permian Energy Development Lab product offering

Product offering

Core offering

Permian Energy Development Lab is a nonprofit research and community coalition that operates a 320-acre Permian Integrated Energy System (PIES) demonstration site in the Permian Basin to advance carbon capture, hydrogen, geothermal, agrivoltaics, and direct air capture technologies. Through its three pillars — advanced energy research, education and workforce development, and community development — the organization co-locates pilot and demonstration projects with academic and industry partners, runs workforce training programs, and convenes Permian Basin communities around data-driven research tools such as geospatial resource and socioeconomic maps.

Product overview

Permian Energy Development Lab is a two-state (New Mexico and Texas) 501(c)(3) nonprofit consortium organized around three pillars: advanced energy research, education and workforce development, and community development. The core product is the Permian Integrated Energy System (PIES), a flagship initiative integrating renewables, carbon removal, water reuse, and advanced energy technologies on a 320-acre site. Key projects include the Trinity Campus (Direct Air Capture testbed), Geospatial Maps (resource and socioeconomic analytical tools), the Agrivoltaics Initiative, and the Community Archetypes research publication. Supporting programs include Education & Workforce Development and Community Development services. The organization does not offer a commercial product but rather serves as a research coalition and innovation accelerator.

Differentiator

Problem solved

Functional benefit

Brands

  • PIES (Permian Integrated Energy System): A flagship project of PEDL centered on a 320-acre site in Yoakum County, Texas, designed to integrate renewables, carbon removal, water reuse, and other advanced energy technologies into a unified system.

Products and services

  • Permian Integrated Energy System (PIES) Initiative

Quantifiable outcome

  • Trinity Campus will capture approximately 10,000 tons of CO2 per year during initial phase, scaling to 100,000-500,000 tons annually
  • +2 more outcomes

Companies that use Permian Energy Development Lab

Customer profile

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Permian Energy Development Lab technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Permian Energy Development Lab partnerships and signals

Strategic signal

Partnerships

22 partnerships are on record, tiered core, supporting, founding/incubating and founding.

  • Return CarboncoreStrategic or Co-development Partner · 20 November 2025Leading project development and investment company in carbon markets, collaborating on Trinity Campus DAC and carbon storage testbed. Martijn Verwoerd serves as Managing Director. Partnership designed to validate emerging DAC technologies under real-world field conditions.
  • Roosevelt ResourcescoreStrategic or Co-development Partner · 20 November 2025Energy producer with long history in the Permian, providing 320-acre site for PIES and advancing enhanced oil recovery and carbon sequestration. Elliott 'Tony' Roosevelt Jr. leads the firm. Initial storage pathway for captured CO2.
  • Baker HughescoreStrategic or Co-development Partner · 7 November 2024Fortune 500 energy technology company (Nasdaq: BKR) with over a century of experience. Ross Mitchell serves as VP of North America Land. Collaboration focuses on identifying opportunities to leverage Permian Basin's global center status.
  • Agile Energy XsupportingTechnology or Integration · 5 August 2024Japanese technology firm subsidiary of TEPCO Power Grid, Japan's largest electric utility. CEO Kenji Tateiwa leads the company. Focus on flexible energy demand systems and closed-loop energy combining distributed computing and direct air capture with renewables.
  • CleanCo EnergiesupportingTechnology or Integration · 8 July 2024Provides expertise in crop agrivoltaics and regenerative agriculture. Supports combining solar power generation with agricultural production and solar microgrid development.
  • EarthBridge EnergysupportingTechnology or Integration · 8 July 2024Developing GeoBattery technology - grid-scale long-duration energy storage solution using underground reservoirs to store clean energy at reduced cost.
  • Melzer ConsultingsupportingTechnology or Integration · 8 July 202440-year-old geotechnical consultancy run by Steve Melzer. Provides expertise in geological reservoir characterization for advanced energy opportunities in the Permian Basin.
  • Omnia Midstream PartnerssupportingTechnology or Integration · 8 July 2024Working on sustainable solutions across the energy value chain including solar integration, helium recovery, traditional midstream operations and CO2 sequestration.
  • Composite RecyclingsupportingStrategic or Co-development Partner · 6 June 2024Swiss startup developing processes for recycling composite materials like glass fiber reinforced plastics from wind turbine blades. Partnership aims to create regional circular economy for composite materials.
  • TeverracoreStrategic or Co-development Partner · 14 March 2024Technology-focused energy company working on geothermal energy, carbon storage, energy storage and cleaner oil/gas solutions. Hamed Soroush serves as Founder and CEO. Focus areas include subsurface energy storage, geothermal assessment, and CCUS.
  • SOLARCYCLEcoreStrategic or Co-development Partner · 13 February 2024Solar panel recycling company providing panels for PIES site. CEO Suvi Sharma leads the company. Panels extend solar cell use and power produced water treatment, hydrogen production and agrivoltaics.
  • The Cynthia and George Mitchell Foundationfounding/incubatingStrategic or Co-development Partner · 30 March 2023Launched and continues to incubate PEDL. Led by Executive Vice President Marilu Hastings, the foundation provides strategic direction and has been instrumental in founding the consortium. George Mitchell pioneered hydraulic fracturing and the foundation aims to transform oilpatch workers into climate change warriors.
  • Midland CollegefoundingStrategic or Co-development Partner · 30 March 2023Founding partner in the consortium providing education and workforce development expertise. Located in the heart of the Permian Basin.
  • Odessa CollegefoundingStrategic or Co-development Partner · 30 March 2023Founding partner providing workforce training programs and curriculum development. Vice President Tramaine Anderson focuses on improving air and water quality while reducing carbon footprint.
  • The University of Texas at AustinfoundingStrategic or Co-development Partner · 30 March 2023Lead institution in the consortium, bringing the UT Energy Institute and 450 energy researchers. Brian Korgel serves as Director. Led the NSF Engines application effort.
  • The University of Texas at El PasofoundingStrategic or Co-development Partner · 30 March 2023Founding partner contributing research capabilities and community engagement through the Borderplex Alliance.
  • The University of Texas Permian BasinfoundingStrategic or Co-development Partner · 30 March 2023Founding partner hosting the Texas Water and Energy Institute. George Nnanna serves as Founding Dean of Engineering and is a key technical contributor.
  • New Mexico State UniversityfoundingStrategic or Co-development Partner · 30 March 2023Founding partner contributing New Mexico research expertise and community engagement.
  • New Mexico TechfoundingStrategic or Co-development Partner · 30 March 2023Founding partner providing geological expertise through the New Mexico Bureau of Geology and Mineral Resources. Nelia Dunbar serves as director and state geologist.
  • Sandia National LaboratoriesfoundingStrategic or Co-development Partner · 30 March 2023Founding partner and key technical adviser. Thushara Gunda serves as technical lead for PEDL. Provides systems analysis and research capabilities.
  • National Renewable Energy Laboratory (NREL)foundingStrategic or Co-development Partner · 30 March 2023Founding partner providing advanced energy research expertise. Jill Engel-Cox serves as senior research advisor. Supports socioeconomic analysis and mapping.
  • Houston Advanced Research Center (HARC)foundingStrategic or Co-development Partner · 30 March 2023Founding partner providing energy research capabilities and regional expertise.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Permian Energy Development Lab competitors and assessment

Company assessment

Direct peers

  • Greentown Labs: Greentown Labs is a clean energy startup incubator and accelerator supporting hardware entrepreneurs across climate and energy. Both PEDL and Greentown Labs convene startups, researchers, and corporate partners to commercialize advanced energy technologies, though Greentown Labs is hardware-startup focused and not regional.
  • New Energy Nexus: New Energy Nexus is a nonprofit ecosystem builder supporting diverse clean energy entrepreneurs globally. Like PEDL, it operates as a coalition and accelerator working across renewable energy, storage, and emerging technologies, and engages community stakeholders in energy transition.
  • Activate: Activate (formerly Cyclotron Road) is a nonprofit deep-tech fellowship supporting emerging science and engineering innovators tackling climate and energy challenges. Like PEDL, Activate bridges cutting-edge energy research with deployment, though at a national rather than regional scale.
  • GTI Energy: GTI Energy is a nonprofit energy research and development organization addressing natural gas, hydrogen, carbon capture, and renewable integration. Like PEDL, GTI operates as a mission-driven R&D nonprofit partnering across industry, government, and academia to advance energy technologies.
  • Permian Strategic Partnership: PSP is a regional coalition of Permian Basin energy CEOs and executives focused on workforce, infrastructure, and community issues in the same 66-county region PEDL serves. PSP addresses energy community resilience and economic diversification, closely overlapping PEDL's community development and workforce mission in the same geography.

Broad incumbents

  • National Renewable Energy Laboratory (NREL): NREL is the U.S. Department of Energy's primary national laboratory for renewable energy and energy efficiency R&D. While NREL is a PEDL founding partner, its scale and federal mission make it a broad incumbent peer in integrated clean energy systems and DAC research, and a potential competitor for federal funding.
  • Electric Power Research Institute (EPRI): EPRI is a large, established nonprofit conducting independent R&D across the electricity sector. EPRI's breadth and scale in energy research make it a broad incumbent peer to PEDL's integrated energy systems work, though EPRI is electricity-centric rather than oil-and-gas focused.

Emerging players

  • Clean Energy Incubator: Clean Energy Incubator is an emerging nonprofit supporting clean energy startups with mentorship and resources. Compared to PEDL's broader mission integrating workforce, community, and technology programs, this is a more narrowly focused emerging peer in the same general ecosystem.
  • Clean Energy States Alliance: CESA is a nonprofit coalition of state clean energy programs advancing clean energy markets and policy. Both PEDL and CESA serve as convening organizations for energy transition, though CESA focuses on state-level policy coordination rather than regional technology demonstration.

Regional players

  • Houston Energy Transition Initiative (HETI): HETI is a Houston-based energy transition initiative bringing together energy companies, academia, and community stakeholders to address workforce and technology challenges in a major U.S. oil and gas hub. Like PEDL, HETI focuses on transitioning legacy energy regions but serves the Gulf Coast rather than the Permian Basin.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Permian Energy Development Lab financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Permian Energy Development Lab leadership team

Management profile

Number of profiles

Profiles4 records

Permian Energy Development Lab funding detail

Funding detail

Funding overview

Funding rounds

Investors

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Permian Energy Development Lab M&A and investment

M&A and investment

M&A

Investments

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Frequently asked questions about Permian Energy Development Lab

What does Permian Energy Development Lab do?

Permian Energy Development Lab is a nonprofit research and community coalition that operates a 320-acre Permian Integrated Energy System (PIES) demonstration site in the Permian Basin to advance carbon capture, hydrogen, geothermal, agrivoltaics, and direct air capture technologies. Through its three pillars — advanced energy research, education and workforce development, and community development — the organization co-locates pilot and demonstration projects with academic and industry partners, runs workforce training programs, and convenes Permian Basin communities around data-driven research tools such as geospatial resource and socioeconomic maps.

Is Permian Energy Development Lab a public or private company?

Permian Energy Development Lab is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Permian Energy Development Lab founded?

Permian Energy Development Lab was founded in 2023. It employs 11 to 50 people.

Where is Permian Energy Development Lab based?

Permian Energy Development Lab is headquartered in Midland, United States, in the North America region.

How does Permian Energy Development Lab make money?

Three revenue lines are on record. Donations and Charitable Contributions are the primary driver. The others are national Science Foundation Grant and partnership Contributions.

Who are Permian Energy Development Lab's main competitors?

Direct peers on record are Greentown Labs, New Energy Nexus, Activate, GTI Energy and Permian Strategic Partnership. Broad incumbents are National Renewable Energy Laboratory (NREL) and Electric Power Research Institute (EPRI). Emerging players are Clean Energy Incubator and Clean Energy States Alliance. Houston Energy Transition Initiative (HETI) is listed as a regional player.

Does Permian Energy Development Lab have an API?

No public API is recorded for Permian Energy Development Lab.

What industry is Permian Energy Development Lab in?

Permian Energy Development Lab's product category is Advanced Energy Research. Its primary akta.pro industry code is EUABABAE, Regenerative Agriculture & Soil Organic Carbon (SOC), with a secondary code of EUAEADAA, Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations). Its NAICS code is 54162 and its SIC code is 8731.

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