Chevron eyes energy transition
Chevron New Energies will help the firm decarbonise and develop new lines of business to accelerate the transition, incoming vice-president of hydrogen tells Hydrogen Economist
Chevron New Energies was established last year to help the firm achieve its goals of cutting 30mn t CO₂ from its operations by 2028 using renewable fuels, hydrogen and carbon capture, utilisation and storage (CCUS) technologies. Chevron will aim to grow low-carbon hydrogen production to 150,000t/yr by 2030 to supply industrial, power and heavy-duty transport customers with a mixture of blue and green forms of the fuel. The firm produces 1mn t/yr of grey hydrogen. Hydrogen Economist talks to Austin Knight, incoming vice-president of hydrogen at Chevron New Energies, about his new role. Austin Knight, Chevron New Energies Can you describe
Also in this section
19 December 2024
More must be done to lower the cost of green hydrogen and its derivatives
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe