Business Opportunities

Chevron, Cummins sign MoU to explore hydrogen business opportunities

Chevron and Cummins revealed a new memorandum of understanding (MoU) today (July 15) to develop commercially viable business opportunities for hydrogen in a new strategic alliance.

The MoU provides the framework for Chevron and Cummins to initially collaborate on four main objectives.

This includes advancing public policy that promotes hydrogen as a decarbonising solution for transportation and industry in addition to building market demand for commercial vehicles and industrial applications powered by hydrogen.

Along with this, the companies will develop infrastructure to support the use of hydrogen for industry and fuel cell vehicles, and explore opportunities to leverage Cummins’ electrolyser and fuel cell technologies at one or more Chevron domestic refineries.

Read more: Cummins to test new hydrogen-fuelled internal combustion engine

Read more: Cummins powering a new ‘flying’ hydrogen vessel

Andy Walz, President of Chevron’s Americas Fuels & Lubricants, said, “Chevron is committed to developing and delivering affordable, reliable, ever-cleaner energy, and collaborating with Cummins is a positive step toward our goal of building a large-scale business in a lower-carbon area that is complementary to our current offerings.

“Hydrogen is just one lower-carbon solution we are investing in that will position our customers to reduce the carbon intensity of their businesses and everyday lives.

“We’ve also invested in developing and supplying renewable natural gas, blending renewables into our fuels, coprocessing biofeedstocks in our refineries, and abatement projects that will reduce the carbon intensity of our operations.”

Amy Davis, Vice-President and President of New Power at Cummins, said, “Working with Chevron to advance hydrogen technology and accelerate ecosystem development helps us continue our goal in enabling a carbon-neutral world.

“The energy transition is happening, and we recognise the critical role hydrogen will play in our energy mix.

“We’ve deployed more than 2,000 fuel cells and 600 electrolysers around the world and are exploring other hydrogen alternatives including a hydrogen-fuelled internal combustion engine as we continue to accelerate and harness hydrogen’s powerful potential.”

Cummins: Paving the way to a hydrogen economy

Now more than ever, people are looking for ways to leverage renewable energy for a flexible, low-carbon power supply. Hydrogen offers a solution. Using renewable sources such as sun, wind, or hydro energy through electrolysis to produce hydrogen emits no greenhouse gasses.

This is commonly referred to as green hydrogen. Energy from renewables can be converted into hydrogen using an electrolyser and utilised in several ways – from hydrogen fuel cell trucks, buses and trains, to ships powered by liquid ammonia made from hydrogen, to a substitute for natural gas for heating homes.

For several years, Cummins has been focusing on solutions that use materials and technologies that have less impact on the planet to deliver value and prosperity for our customers and communities.

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