Published by Todd Bush on March 1, 2024
SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron New Energies, a division of Chevron U.S.A. Inc., announced it is developing a 5-megawatt hydrogen production project in California’s Central Valley.
The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron’s existing assets at the Lost Hills Oil Field in Kern County. This low carbon intensity (LCI) electrolytic hydrogen will be produced through electrolysis, which is the process of using electricity to split water into hydrogen and oxygen
>> In Other News: FDE: Completion of the Acquisition of a Majority Stake in Greenstat ASA, a Leading Green Energy Player in Norway
Chevron’s strategy is to leverage our strengths to safely deliver lower carbon energy to a growing world. Chevron believes in the value of delivering large-scale hydrogen solutions that support a lower carbon world. The facility is designed to produce two tons of LCI hydrogen per day, with the goal of supporting an expanding hydrogen refueling network.
“Hydrogen can play a vital role in our journey toward a lower carbon future,” said Austin Knight, vice president for hydrogen at Chevron New Energies. “Chevron already offers lower carbon fuels like sustainable aviation fuel, renewable diesel and others, and this project is expected to expand the portfolio of solutions Chevron could supply to the region.
“I’m excited about the scalability of this solution,” Knight continued. “However, our ability to meet growing hydrogen demand and help build hydrogen fueling infrastructure in California to a commercial scale with more widespread adoption will be strongly led by state and federal energy policies that promote new lower carbon energy solutions.”
The development of the project is expected to span multiple years, and the start of commercial operations will depend on several factors including flexible and supportive legislative and regulatory energy policies, final engineering design, timely permitting, and obtaining the necessary materials.
“This project will help develop key technical and commercial proof points as Chevron New Energies assesses concepts for future scale-up and new lower carbon intensity hydrogen production opportunities,” said Richard Chapman, President and CEO, Kern Economic Development Corporation. “By locating expected production in the Central Valley, we believe the project will be well positioned to meet the demand of customers along an important transportation corridor, as well as having proximity to key California urban markets.”
>> In Company Spotlight: Chevron
Chevron (NYSE: CVX) is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow lower carbon businesses in renewable fuels, carbon capture and offsets, hydrogen and other emerging technologies. More information about Chevron is available at www.chevron.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Construction Begins on Blue Point Project 🧪 Commencement of FEED for the Live Oak Project for e-NG Production in Nebraska 🍁 Mercer International Secures C$20 Million Canadian ...
Inside This Issue ⛽ Emvolon and Freepoint Commodities Execute Multi-Year Definitive Agreements to Scale High-Value Liquid Fuels 🧪 Ammobia and Lummus Technology to Commercialize Ammonia for Low-Car...
Inside This Issue ⚡ Minnkota and Reliant Split Risk on Project Tundra CCS 🛢️ White House Pushes for More Refinery Waivers to Ease Pump Prices 🤝 Aker Solutions to Accelerate Carbon Capture and Remo...
Summit Forfeits Two CO2 Storage Permits in North Dakota, Continues Legal Fight Over Third
Summit Carbon Solutions is abandoning two-thirds of its planned project to store carbon dioxide underground in North Dakota. The company, which had been granted permits to store CO2 in three desig...
Construction Begins on Blue Point Project
Ground has been broken on construction of the Blue Point project in Louisiana, USA. Project partners CF Industries, JERA, and Mitsui & Co. have broken ground on construction of ...
Mercer International Secures C$20 Million Canadian Backing for Alberta Pulp Mill Overhaul
The Canadian government has thrown a financial lifeline to Mercer International's Peace River pulp operation in northern Alberta, committing C$20 million toward a sweeping modernization of the faci...
Plantd Launches Biochar Line, Turning Waste Into Revenue & Better Soil
Advanced manufacturer expands beyond structural building panels, converting production byproduct into a silica-rich soil amendment for agriculture OXFORD, N.C., Aug. 28, 2026 (GLOBE NEWSWIRE) -- P...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.