Chevron and Cummins in Collaboration on Hydrogen
July 15 2021 - 8:11AM
Dow Jones News
By Michael Dabaie
Cummins Inc. said it signed a memorandum of understanding with
Chevron U.S.A. Inc. on developing commercially viable business
opportunities in hydrogen and other alternative energy sources.
The MOU provides the framework for Chevron and Cummins to
initially collaborate on four main objectives. These are: advancing
public policy that promotes hydrogen as a decarbonizing solution
for transportation and industry; building market demand for
commercial vehicles and industrial applications powered by
hydrogen; developing infrastructure for the use of hydrogen for
industry and fuel cell vehicles; and looking at using Cummins
electrolyzer and fuel cell technologies at one or more of Chevron's
domestic refineries.
"The energy transition is happening, and we recognize the
critical role hydrogen will play in our energy mix," said Amy
Davis, vice president and president of New Power at Cummins.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
July 15, 2021 08:11 ET (12:11 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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