Chevron's Plan to Turn Undrinkable Water into Clean Fuel with Solar Power
Turning undrinkable water into clean fuel
Chevron plans to develop a 5-megawatt (MW) hydrogen production facility in California, utilizing non-potable water for electrolysis to produce hydrogen. The clean hydrogen will act as an energy storage vehicle for solar power, offering a solution to renewable energy intermittency challenges. The facility is expected to produce 2.2 tonnes of hydrogen per day, catering to transportation fuel needs.
Building out a lower carbon energy platform
Through investments in hydrogen projects and lower-carbon initiatives, Chevron aims to grow its hydrogen production capacity and supply cleaner fuel to various sectors. These efforts are part of Chevron's broader plan to invest in lower-carbon energy businesses, positioning the company for future growth opportunities globally.
Tapping into a potentially enormous market
The shift towards green hydrogen presents Chevron with a massive market opportunity, potentially surpassing the LNG market by 2030. By investing in hydrogen projects and other lower-carbon ventures, Chevron is aligning itself with long-term growth prospects in the evolving energy landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.