3 things to know about the future of hydrogen – Chevron.
Momentum is building around hydrogen. Why? One reason is that it can help lower carbon emissions in hard-to-abate sectors like steel, cement and heavy-duty transportation.
Austin Knight, Chevron’s vice president of hydrogen, shared key insights at CERAWeek 2024 about how a focus on technology, partnership and policy will be required to make faster progress toward scaled solutions.
austin knight, vice president of hydrogen, said:
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Chevron is well positioned to bring lower carbon intensity hydrogen solutions to the world. Our current assets and relationships provide a solid foundation for future growth.
advancing technology
Scaling these solutions will play an important role in meeting the world’s lower carbon goals. Power from sources like wind, solar and natural gas can be used to make hydrogen. Together, these technologies can deliver lower carbon energy to market.
Chevron’s investments in this area include:
- Hydrogen fueling stations that are being built across California.
- The 5-megawatt, solar-to-hydrogen project that is underway in California’s Central Valley.
- Lower carbon intensity fuel projects that are expanding across the Asia Pacific region.
partnerships that deliver
Hydrogen is one piece of a larger puzzle in helping solve the world’s energy challenges. No one country or company can meet growing energy demands alone.
Collaborations will be necessary to make production easier and less expensive. Chevron and its partners are laying a foundation for growth through projects like:
- The Advanced Clean Energy Storage Project in Delta, Utah, that will deliver affordable, reliable energy.
- A new hub which will fast-track hydrogen along the U.S. Gulf Coast.
policy matters
To reach global lower carbon goals, it will take flexible and supportive policy.
austin knight, vice president of hydrogen, said:
“Reaching global energy goals will require an expansion in technology and innovation. New partnerships, collaborations and well-designed government policies will be required to help us get there.”
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3 things to know about the future of hydrogen – Chevron. source
