Curtailment (electricity)

Chevron Publishes Methane Report

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Tuesday, October 25, 2022
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Chevron Corporation (NYSE: CVX) today published a methane report that builds on Chevrons ongoing efforts to promote transparency on climate-related matters.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today published a methane report that builds on Chevrons ongoing efforts to promote transparency on climate-related matters.
  • This report details information on Chevrons approach to detecting, measuring and reducing methane intensity.
  • Chevron is taking action to meet that aim through reducing methane intensity, improving methane detection and advancing measurement.
  • This report includes information that addresses a stockholder proposal requesting Chevron to report on the reliability of methane emissions disclosures, a proposal the Board of Directors recommended stockholders support, and which passed at the companys 2022 Annual Stockholders Meeting in May.

National Grid and LineVision Deploy Largest Dynamic Line Rating Project in the United States

Retrieved on: 
Thursday, October 20, 2022
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SOMERVILLE, Mass., Oct. 20, 2022 /PRNewswire/ -- National Grid, one of the largest investor-owned utilities in the world, and LineVision, the world's only provider of non-contact overhead power line monitoring systems, announced today that LineVision's sensors will be installed on transmission lines in western New York to increase grid capacity and reduce curtailment of planned renewable generation projects. The effort will be the first instance in New York where Dynamic Line Rating technology will be used to operate transmission lines in real-time, allowing National Grid to further optimize grid performance.

Key Points: 
  • The effort will be the first instance in New York where Dynamic Line Rating technology will be used to operate transmission lines in real-time, allowing National Grid to further optimize grid performance.
  • "We are pleased to again work with LineVision to optimize and modernize our network," said Bart Franey, Vice President of Clean Energy Development in New York for National Grid.
  • "As National Grid works to meet ambitious climate goals, we are continuously looking for cost-effective ways to support the integration of renewable generation in New York.
  • National Grid is focused on building a path to a more affordable, reliable clean energy future through our fossil-free vision.

Air Liquide, Chevron, LyondellBasell, and Uniper to Pursue Lower Carbon Hydrogen and Ammonia Project Along the U.S. Gulf Coast

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Wednesday, October 19, 2022
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The facility could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports, helping to increase the supply of lower carbon power internationally.

Key Points: 
  • The facility could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports, helping to increase the supply of lower carbon power internationally.
  • Collectively, the consortium will bring capabilities and expertise in air separation technology, hydrogen technologies, lower carbon intensity and renewable natural gas, carbon capture and storage (CCS), electrolysis-based technologies, and petrochemicals.
  • If development proceeds, the project could leverage existing advantages along the Gulf Coast, including pipeline infrastructure, to supply lower carbon and renewable hydrogen to local industrial clusters.
  • The Gulf Coast is the ideal location to model hydrogen and carbon capture technologies as immediate pathways to decarbonizing hard-to-abate sectors.

Chevron, CalBio expand partnership on dairy biomethane fuel projects

Retrieved on: 
Thursday, October 6, 2022
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At signing, the holding company, CalBioGas Hilmar LLC, secured initial funding from Chevron to build infrastructure for dairy biomethane projects in Californias Merced County.

Key Points: 
  • At signing, the holding company, CalBioGas Hilmar LLC, secured initial funding from Chevron to build infrastructure for dairy biomethane projects in Californias Merced County.
  • The strong support from these partners will help California with its emission reduction targets, said Neil Black, president of CalBio.
  • Carbon negative renewable natural gas produced from dairy biomethane is an essential part of its portfolio of solutions.
  • CalBio is a leading developer of dairy digesters for generating renewable electricity and vehicle fuel in California.

Chevron and MOECO to Collaborate on Advanced Geothermal Technology

Retrieved on: 
Monday, September 26, 2022
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Both companies may also assess potential collaboration for advanced geothermal technology opportunities using ACL globally.

Key Points: 
  • Both companies may also assess potential collaboration for advanced geothermal technology opportunities using ACL globally.
  • Chevron and MOECO share a goal of delivering lower carbon energy solutions, while meeting the need for reliable, affordable energy, said Barbara Harrison, vice president of Offsets & Emerging, Chevron New Energies.
  • MOECO entered the geothermal business in 2012 and has been expanding its geothermal portfolio since then.
  • In parallel with conventional geothermal, we have been studying ACL technology for many years and we believe this collaboration with Chevron utilizing ACL technology could unlock tremendous geothermal resources in Japan, said Hirotaka Hamamoto, CEO of MOECO.

Air Liquide, Chevron, Keppel Infrastructure, and PetroChina Form Consortium to Explore CCUS Solutions in Singapore

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Wednesday, September 21, 2022
Climate Change, Manufacturing, Environmental Issues, Environmental Health, Other Energy, Green Technology, Oil, Gas, Alternative Energy, Environment, Energy, Chemicals, Plastics, CO2, Accident, Revolution, Legislation, Air Liquide, Industry, Environment, Government, Phrase, U.S. Securities and Exchange Commission, NEWater, Organization, Curtailment (electricity), Collection, Research, Tax, Workforce, Weather, COVID-19, Petroleum, New energy, Climate change, Chris Power, Pandemic, Annual report, Waste management, Failure, Carbon, NYSE, News, Partnership, PetroChina, Coronavirus, Plastic, Board, Marketing, KI, Keppel Corporation, Lubricant, Epidemic, Solution, Natural gas, CVX, Renewable energy

The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS in Singapore.

Key Points: 
  • The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS in Singapore.
  • PetroChina is pleased to be part of this consortium with Air Liquide, Keppel Infrastructure and Chevron; a partnership that will leverage one anothers strengths, capabilities and respective ecosystems towards the advancement of large-scale CCUS solutions in Singapore.
  • 1 Through Air Liquide Singapore Pte Ltd, Chevron New Venture Pte Ltd, Keppel Energy Ventures Pte Ltd, and PetroChina International (Singapore) Pte Ltd respectively.
  • Keppel Infrastructure (KI) is a wholly-owned subsidiary of Keppel Corporation, a Singapore flagship multinational company providing solutions for sustainable urbanisation.

Chevron Granted Interest in Three Permits to Assess Carbon Storage Offshore Australia

Retrieved on: 
Thursday, September 8, 2022
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Chevron Corporation (NYSE: CVX), through its affiliate Chevron Australia Pty Ltd, is part of three joint ventures that have been granted an interest in three greenhouse gas assessment permits offshore Australia.

Key Points: 
  • Chevron Corporation (NYSE: CVX), through its affiliate Chevron Australia Pty Ltd, is part of three joint ventures that have been granted an interest in three greenhouse gas assessment permits offshore Australia.
  • Chevron has a unique set of capabilities and relationships to support the further deployment of carbon capture and storage in Australia, said Mark Hatfield, managing director of Chevrons Australia Business Unit.
  • We look forward to working with our venture participants to assess the greenhouse gas storage potential within these titles, which we hope will benefit Australia and the region for years to come.
  • As part of its global lower carbon strategy, Chevron is focused on carbon capture, utilization, and storage (CCUS) primarily through hubs with third-party emitters as partners and customers renewable fuels, hydrogen, offsets, and other emerging technologies.

Advisory: Chevron to Present at Barclays CEO Energy-Power Conference

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Thursday, August 25, 2022
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Mike Wirth, chairman and CEO of Chevron Corporation (NYSE: CVX), will take part in the Barclays CEO Energy-Power Conference on Wednesday, September 7, 2022, at 8:00 AM ET, discussing corporate strategy and the companys focus on achieving higher returns and lower carbon.

Key Points: 
  • Mike Wirth, chairman and CEO of Chevron Corporation (NYSE: CVX), will take part in the Barclays CEO Energy-Power Conference on Wednesday, September 7, 2022, at 8:00 AM ET, discussing corporate strategy and the companys focus on achieving higher returns and lower carbon.
  • A replay will be available on the website after the event for those unable to watch the live webcast.
  • Chevron is one of the worlds leading integrated energy companies.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.

Brightmark, Chevron Announce First Gas at Athena Project

Retrieved on: 
Wednesday, August 3, 2022
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The project is part of the previously announced partnership to own project companies across the United States to produce and market dairy biomethane, a renewable natural gas (RNG).

Key Points: 
  • The project is part of the previously announced partnership to own project companies across the United States to produce and market dairy biomethane, a renewable natural gas (RNG).
  • "Achieving first gas at the Athena Project marks another major milestone as Brightmark continues to scale and expand our RNG production footprint throughout the country," said Bob Powell, founder and CEO of Brightmark.
  • For additional information about the Athena RNG project, please visit: https://www.brightmark.com/renewable-natural-gas/projects/the-athena-pro...
    Brightmark LLC is a global waste solutions company with a mission to reimagine waste.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.

Norsk Hydro: Second quarter 2022 - Record results and shareholder distribution, uncertain markets

Retrieved on: 
Friday, July 22, 2022
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Compared to the first quarter, Hydros adjusted EBITDA increased from NOK 11,165 million to NOK 11,594 million in the second quarter 2022.

Key Points: 
  • Compared to the first quarter, Hydros adjusted EBITDA increased from NOK 11,165 million to NOK 11,594 million in the second quarter 2022.
  • The war in Ukraine has affected second quarter growth and 2022 forecasts, with Europe being the most exposed to the resulting economic and social impact.
  • Nordic power prices increased significantly compared to the same quarter last year and are relatively stable compared to the previous quarter.
  • In the second quarter of 2022, sales were 89 percent higher year on year, supporting Hydros ambition to double sales of greener products by 2025.