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” - 1 Austin Knight - 1 Sabrina Valle - 1 Sourasis Bose - 1 Pooja Desai - 1 Sharon Singleton - 1
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ACES Delta Haddington Delta Utah Chevron Houston Bengaluru
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Chevron Corp - 1 Chevron - 1 Exxon Mobil - 1 ACES - 1 Haddington Ventures - 1 U.S . Department of Energy - 1 Mitsubishi Power Americas - 1 Magnum - 1

Search resuls for: "Austin Knight"


2 mentions found


☆ Chevron buys world's biggest hydrogen storage plant in Utah
  + stars: | 2023-09-12 | by ( Sabrina Valle | Thomson Reuters | U.S. Energy Correspondent Focused In Covering Global Operations Of Oil Majors Out Of Houston. | ) www.reuters.com   time to read: +2 min
HOUSTON, Sept 12 (Reuters) - U.S. oil major Chevron Corp (CVX.N) on Tuesday said it has acquired a majority stake in the world's largest proposed storage facility for hydrogen from renewable energy. U.S. majors Chevron and Exxon Mobil (XOM.N) are rushing to lower production costs and bring scale to the technology as part of their lower carbon fuel strategy. Chevron wants to develop "a large-scale, hydrogen platform that provides affordable, reliable, ever-cleaner energy,” said Austin Knight, vice president of hydrogen, Chevron New Energies. Hydrogen can also be used to store energy and used to adjust seasonal supply and demand needs in power grids. It is spending an average of $1.25 billion per year through 2028 to reduce its own emissions and expand lower carbon fuels including hydrogen.
Persons: ”, Austin Knight, Sabrina Valle, Sourasis Bose, Pooja Desai, Sharon Singleton Organizations: Chevron Corp, Chevron, Exxon Mobil, ACES, Haddington Ventures, U.S . Department of Energy, Mitsubishi Power Americas, Magnum, International Energy, Hydrogen, Thomson Locations: ACES Delta, Haddington, Delta, Utah, Chevron, Houston, Bengaluru
☆ CERAWEEK-Big Oil on hydrogen: forget the rainbow, just make it profitable
  + stars: | 2023-03-08 | by ( Stephanie Kelly | Thomson Reuters | A New-York-Based Correspondent Covering The U.S. Crude Market | ) www.reuters.com   time to read: +6 min
Among methods that produce what is known as green hydrogen are electrolysis to split water into hydrogen and oxygen using power from renewables. The technology for shipping hydrogen is still in early stages of development, said Chevron's vice president of hydrogen Austin Knight. About 30-35% of the total energy system will need hydrogen to decarbonize, he said. NextEra is working with the U.S. Treasury on rules that govern what can be considered green hydrogen, he said. The process is complicated by the variability of renewable power supply from wind and solar, he said.
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