On Wednesday, integrated energy major Chevron Corporation announced that its U.S. subsidiary has reached a partnership agreement with the world’s largest construction equipment maker, Caterpillar, to develop hydrogen demonstration projects in transportation and stationary power applications.
According to a statement from the companies, the partnership aims to “confirm the feasibility and performance of hydrogen for use as a commercially viable alternative to traditional fuels for line-haul rail and marine vessels.” The partnership will also seek to demonstrate the use of hydrogen in prime power.
Additionally, in cooperation with Caterpillar subsidiary Progress Rail, the companies will demonstrate a hydrogen-fueled locomotive and associated hydrogen-fueling infrastructure, with work beginning immediately at various U.S. locations.
“Through [venture capital arm] Chevron New Energies, Chevron is pursuing opportunities to create demand for hydrogen – and the technologies needed for its use – for the heavy-duty transportation and industrial sectors, in which carbon emissions are harder to abate,” said Jeff Gustavson, president of Chevron New Energies. “Our collaboration with Caterpillar is another important step toward advancing a commercially viable hydrogen economy.”
“As we work to provide customers with the capability to use their desired fuel type in their operations, collaborating with Chevron is a great opportunity to demonstrate the viability of hydrogen as a fuel source,” said Caterpillar group president of Energy & Transportation Joe Creed. “This agreement supports our commitment to investing in new products, technologies and services to help our customers achieve their climate-related objectives as they build a better, more sustainable world.”
