Chevron is putting a lot of efforts on hydrogen development, especially in the United States. The global company announced, together with Japanese hydrogen specialist Iwatani, the project to build 30 additional hydrogen refueling stations in California by 2026. As part of the agreement, Chevron (here’s the new on another agreement, with Cummins) plans to fund construction of the sites, which are expected to be located at Chevron-branded retail locations across the state. Iwatani – through its subsidiary company Iwatani Corporation of America (ICA) – will operate and maintain the hydrogen fueling sites and provide hydrogen supply and transportation logistics services.
Chevron-Iwatani hydrogen stations: long-term plans
The stations will initially fuel light-duty vehicles while retaining the flexibility to service heavy-duty vehicles over the long term. Chevron plans to supply a portion of the fueling sites with excess hydrogen production capacity at its Richmond Refinery and future hydrogen production from pilot projects in Northern California.
«Chevron believes that hydrogen has the potential to assist in lowering the carbon emissions of the transportation sector and other hard-to-decarbonize industries», said Andy Walz, president of Americas Fuels & Lubricants for Chevron. «We are excited to work with Iwatani to advance the entire hydrogen transportation value chain from production to consumer purchase in order to help our customers lower their lifecycle transportation carbon intensities».
«This extensive collaboration between Iwatani and Chevron demonstrates our shared vision and commitment to support the decarbonization of transportation», added Joseph S. Cappello, Chairman and CEO of Iwatani Corporation of America. «Together, Chevron and Iwatani will establish one of the most robust, vertically integrated supply and infrastructure ecosystems in California and is a model that can be replicated to other markets».
Hydrogen specialist from Japan
Iwatani is Japan’s only fully integrated supplier of hydrogen and presently supplies its extensive base of light and heavy-duty hydrogen refueling stations and industrial customers via five liquid and ten gaseous hydrogen production plants throughout the country. Leveraging its parent company’s expertise, Iwatani Corporation of America (ICA) has embarked on an ambitious growth program to establish a vertically integrated hydrogen business in the US, which includes hydrogen supply, distribution and logistics services as well as operations & maintenance services to hydrogen refueling station owners.