Chevron and Cummins boost their hydrogen and lower-carbon fuel collaboration
Chevron and Cummins boost their hydrogen and lower-carbon fuel collaboration - Offshore Energy
Chevron and Cummins boost their hydrogen and lower-carbon fuel collaboration
Chevron U.S.A. Inc., a subsidiary of Chevron, and technology provider Cummins have signed a memorandum of understanding (MoU) to advance their collaboration on hydrogen, natural gas, and other lower-carbon fuel value chains.
The MoU expands the two companies’ previous strategic collaboration on hydrogen and renewable natural gas and is expected to encompass other liquid renewable fuels, such as biodiesel and renewable diesel.
This collaboration is intended to encourage commercial and industrial adoption in North America.
Chevron and Cummin plan to work together on enabling the commercial development at the scale of alternative fuels production, transportation and delivery systems for industrial and commercial markets, with target consumption by transportation vehicles of the type manufactured by Cummins.
Workstreams in the new collaboration focus on hydrogen, natural gas, and other alternative lower carbon intensity fuels such as renewable gasoline blend, biodiesel, renewable diesel, compressed natural gas, and other liquid renewables to expand commercial adoption.
“At Cummins, we are working to bring our Destination Zero strategy to life, and we recognize we can’t do this alone,” explained Jennifer Rumsey, President and CEO, Cummins Inc. “Through Accelera by Cummins we have leading zero-emissions technologies for commercial and industrial applications, and we continue to offer a broad portfolio of engine-based solutions that reduce greenhouse gas and other emissions today. By collaborating strategically with Chevron, we plan to improve access to fuel and infrastructure for our customers, helping grow the availability of alternative and renewable fuels while reducing emissions.”
“Achieving a lower carbon future that serves all people requires ambitious innovations and pragmatic solutions that deliver measurable results,” said Chevron’s President of Americas Products Andy Walz. “Collaborations like this one with Cummins are intended to make energy and global supply chains more affordable and reliable while helping commercial fleets who use our products and Cummins’ equipment to advance a lower carbon world. No one company or industry can go at it alone – together with Cummins, we aim to deliver progress today.”
READ MORE
Chevron New Energies and Crowley to fund hydrogen technology company
Chevron and JERA jointly pursue lower-carbon solutions in the US and Asia Pacific
__________________________________________________________________________________
Hydrogen solutions and development will be showcased at Offshore Energy Exhibition & Conference (OEEC) 2023 in the dedicated Hydrogen Area on 28 and 29 November at the RAI Convention Centre in Amsterdam.
Book your ticket now and join us!
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.