Chevron and JERA offer low-carbon solutions in Asia-Pacific and the United States

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Chevron Corp., through its Chevron New Energies business, and JERA are collaborating on multiple low-carbon opportunities – including production; carbon capture, use and storage; and commercialization of new technologies – focused on the United States and the Asia-Pacific region.

The companies have signed a joint study agreement to explore the potential co-development of low carbon fuel in Australia and will conduct a feasibility study which is expected to be completed in 2023. The low carbon fuel supplies to be produced in the region would seek to leverage Chevron’s knowledge and experience in LNG and CCS.

As part of their focus on the hydrogen value chain – including production, export and transportation – Chevron and JERA will also study liquid organic hydrogen (LOHC) carriers in the United States. LOHC has the potential to enable efficient hydrogen transport and long-term energy storage applications, essentially using hydrogen as a battery to deliver low-carbon energy on demand. As part of their focus on LOHC, both Chevron and JERA have invested in Hydrogenious LOHC Technologies.

“Chevron and JERA have worked together to provide affordable and reliable energy to our customers in the form of LNG, and we welcome the opportunity to further strengthen this relationship as we identify opportunities to deliver ever cleaner energy,” said Jeff Gustavson. , Chairman of Chevron Energies Nouvelles. “Partnership is essential to achieving carbon reduction goals, and we believe Chevron has the people, assets and customers to help develop solutions around the world.”

JERA Vice President Yukio Kani said, “We believe that our enhanced cooperation with Chevron will not only expand business opportunities for both companies, but also contribute to the stable energy supply in Asia-Pacific and in the United States for the transition to a low-carbon society. ”

Read the article online at: https://www.hydrocarbonengineering.com/the-environment/08112022/chevron-and-jera-advance-lower-carbon-solutions-in-asia-pacific-and-the-us/

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