Grace Chan serves as a Venture Principal and the Bioenergy Lead at bp Ventures, where she plays a pivotal role in advancing bp's objectives in bioenergy, one of bp’s key growth engines alongside convenience, EV charging, renewables, and hydrogen.
Grace is entrusted with guiding a proficient team of venture capitalists to make strategic deals to fortify bp's bioenergy ambitions. bp aims to significantly increase biogas supply volumes by around six times to approximately 70,000 barrels of oil equivalent per day by 2030, while also materially growing biofuels production volumes to around 100,000 barrels per day.
With a career spanning 16 years across various bp entities, Grace has amassed extensive experience in operations, technology, and strategy. Her passion lies in scaling new technologies from laboratory-scale inception to their deployment in the first commercial plant, with a particular focus on decarbonizing hard-to-abate sectors. Her diverse industry expertise extends to geothermal energy, carbon capture, and electric vehicle (EV) charging.
Residing in Houston, Texas, Grace balances her professional pursuits with her role as a mother to two young sons. Holding dual business degrees from Florida State University, with a minor in French, Grace is also a Certified Management Accountant. Her contributions to the field have garnered notable recognition, including being honored as a Global Corporate Venturing Rising Star in 2022 and named among the Women to Watch in Venture Capital in 2023.
