University of Texas at Austin


McCombs School of Business McCombs School of Business

Innovative Energy

Effective energy management is one of the most critical challenges facing the world today. Over the last century, developed economies have grown accustomed to readily available energy at reasonable cost, but the increasingly rapid growth of the world’s emerging economies will test the limits of this abundance. Now more than ever, new business strategies and technology solutions are needed to ensure that countries around the world have access to reliable energy at predictable prices with minimal environmental impact.

With the nation’s energy hub just miles down the road, the McCombs School of Business at The University of Texas at Austin is uniquely situated to serve as a catalyst for energy-related research and teaching that will contribute to the world’s need for innovative energy solutions. 

Our mission is to empower leaders to more effectively manage energy demand and resources while enabling innovative technologies grounded in sound business principles. To achieve this, we will do the following:

  • Create a professional network for effective collaboration;
  • Inspire honest debate on energy management and policy; and
  • Strengthen the education of tomorrow’s energy leaders.

History of Energy @ McCombs

The history of energy and the McCombs School of Business goes back to 1916 when McCombs was founded.  There have been a number of energy related activities that provide a strong foundation for where we are today:

  • In 1959, McCombs offered the first bachelors degree in Petroleum Land Management.

  • In 1997, the Center for Energy for Energy Finance Education and Research (CEFER) was created to provide more focus on energy trading and electricity markets in addition to the oil and gas interests on campus.

  • In 2008, the Energy Management and Innovation Center (EMIC) was founded to extend the reach of CEFER beyond the finance department to the rest of the college of business.

  • In 2013, McCombs started the Energy Management Program to offer energy topics to undergraduate students from all majors across campus.

  • In 2014, McCombs joined forces with the UT Law School to form the Kay Bailey Hutchison (KBH) Center for Energy, Law and Business, the first in the nation to combine these two professional schools in an oil and gas oriented center.