Chevron Corp. and Cummins Inc. have signed an agreement to grow the market for low-emission fuels by increasing the production of these energy sources and promoting the deployment of technologies that consume them.
The memorandum of understanding announced Thursday follows an earlier one in 2021 that aimed to promote the hydrogen and natural gas sectors. They have now expanded this cooperation to include other low-carbon fuels, such as liquid renewables, the US companies said in a joint press release.
“Cummins and Chevron have each contributed to the research, development and global deployment of alternative fuel innovation, systems and technologies and will work together to enable the commercial-scale development of alternative fuel production, transportation and delivery systems for industrial and commercial markets, with a target of consumption of transportation vehicles of the type manufactured by Cummins,” the announcement said.
“The new collaboration’s work streams focus on hydrogen, natural gas and other low-carbon alternative fuels, including renewable gasoline blending, biodiesel, renewable diesel, compressed natural gas and other liquid renewables to expand commercial adoption.”
Jennifer Rumsey, chief executive of Cummins, said the pacts with Chevron are part of the fuel and power generation technology maker’s strategy to achieve net zero emissions by 2050.
“At Cummins, we’re working to bring our Destination Zero strategy to life, and we recognize that we can’t do it alone,” Rumsey said in a statement.
Destination Zero, Cummins’ roadmap to carbon neutrality, “reduces emissions of good on wheels by combining technology readiness with infrastructure readiness,” the company said in a Jan. 25 press release of 2022 that presented the strategy. Destination Zero aims to grow hydrogen, reduce emissions from internal combustion engines and decarbonize the grid, according to the statement.
On March 8, Cummins launched a brand of zero-emissions products called Accelera, a $1.5 billion investment.
“Accelera is advancing a range of zero-emission solutions, including hydrogen fuel cells, batteries, e-axles, traction systems and electrolyzers, to sustainably power a variety of industries, from commercial transportation to chemical production,” Cummins said announcing the brand. “Both component supplier and integrator, Accelera is decarbonizing applications such as buses, trucks, trains, construction equipment, stationary power and carbon-intensive industrial processes.”
Rumsey said in Thursday’s media statement with Chevron: “By partnering strategically with Chevron, we plan to improve fuel access and infrastructure for our customers, helping to increase the availability of alternative and renewable fuels while we reduce emissions”.
Andy Walz, Chevron president of Americas products, said: “Partnerships like this one with Cummins aim to make global and energy supply chains more affordable and reliable while helping commercial fleets that use our products and Cummins teams to advance a lower carbon world.”
The previous memorandum of understanding involved, as jointly announced on July 15, 2021, “advancing public policies that promote hydrogen as a decarbonization solution for transportation and industry; creating market demand for commercial vehicles and industrial applications powered by hydrogen; developing infrastructure to support the use of hydrogen for industry and fuel cell vehicles; and exploring opportunities to leverage Cummins’ fuel cell and electrolyser technologies at one or more of Chevron’s domestic refineries.”
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