Chevron Renewable Energy Group’s Post

If your company is looking to lower the lifecycle carbon emissions of your fleet, catch this video that features experts from Cummins Inc. and Chevron. Hear from Dave Slade, Chief Technologist, at Chevron and Ivan Iazdi, Engine Business Strategy Director at Cummins, as they discuss the benefits of biodiesel and its ability to reduce lifecycle carbon emissions.

Our ‘Fuel for thought: Methanol for passenger ships’ report explores the various aspects that encompass the readiness and potential benefits of methanol as a marine fuel for the passenger ship industry. Analysis in the report has found that the bunkering price of methanol is main commercial barrier for its adoption. Download the report to learn more: https://loom.ly/ScnlOg0 #STCGlobal #Cruise #Methanol #LRFuelForThought

Liquefied petroleum gas (#LPG) as #marinefuel, in combination with emissions reduction and energy-saving technologies such as onboard #carboncapture and storage (OCCS), could deliver a significant carbon reduction and help shipowners comply with future stringent regulations, according to a new joint report from Lloyd’s Register (LR) and the World Liquid Gas Association (WLGA). #shipping #maritime #alternativefuel #decarbonization

 A new report by InfluenceMap using the Carbon Majors database quantifies the contribution of the world’s largest oil, gas, coal, and cement producers to global carbon emissions. The database traces 1,421 GtCO2e of cumulative historical emissions from 1854 through 2022 to 122 industrial producers. Key Highlights: - 57 fossil fuel and cement producers linked to 80% of global fossil CO2 emissions since the Paris Agreement (from 2016 through 2022) - 88% of global CO2 emissions from fossil fuels and cement from 2016 through 2022 can be linked to 117 producers. - Nation-state producers account for 38% of emissions in the database since the Paris Agreement, while state-owned entities account for 37%, and investor-owned companies for 25%. - Most fossil fuel companies produced more fossil fuels in the seven years after the Paris Agreement than in the seven years before the Agreement’s adoption. See full report of more details.

While big industry is 'moving away' from fossil fuels to other fuels and technology, you've got to question the driving force. The reality of fossil fuels, we'll be using them for the next 30 - 40 years. Governments are pushing to stop using fossil fuels to (pardon the pun) fuel business growth and change power dynamics globally. The push to alternate '#dualfuel' engines helps set a new engine product roadmap for manufacturers, a new production and distribution network for producers and dealers and a strategy for growth and profit... but is it really changing how much pollution is produced and consumption of fossil fuels today? Fossil fuel consumption has increased and is set to peak by 2027 before new technology will start to change the balance. BP have updated their messaging: "Keeping energy flowing where and when it’s needed AND investing to grow lower #carbon solutions. That’s our strategy."   "Our strategy is to ensure the #fossilfuels we need to consume are combust as cleanly and efficiently as possible AND allowing our clients to invest this improved efficiency to grow lower carbon solutions." So why isn't the focus on the refining and cleaning up of the fossil fuels we're consuming today? Because it's not profitable. Cleaning up fossil fuels at the refinery costs more for lower consumption. Far better to make the consumer pay for unburnt fuel and unnecessary carbon & emissions production and pretend there isn't an answer. But the good news, BP, Fuelre4m has your back. By adding our #fossilfuel #re4mulator technology into #fueloils #diesel or #petrol , #re4mx starts optimizing fossil fuels in your tank before combustion, giving a 15% - 20% reduction in consumption while eliminating emissions production by 100% on the fuel saved.... all for better than free. #netzerocostalways

We have a latest release in the Fuel for thought series looking into the application of Methanol as fuel for Passenger ship industry, including Cruise ships, Ferries, RORO and RoPax vessels. It explores the current state of methanol as a viable marine fuel and how it aligns with the passenger shipping segment, its production and supply chains. The report also provides insights into the latest advancements in fuel cells, reformers, fuel systems and bunkering considerations. It will be an interesting and informative read. #lloydsregister #methanol #alternativefuels #energytransition

DNV: Methanol dominates as alternative fuel ship orders surge The latest update from DNV’s Alternative Fuels Insights (AFI) database shows that April saw a notable uptick in alternative fuel orders, with the addition of 23 new orders. According to DNV, this brings the total of alternative fuel orders for the year to 93, marking a significant 48% increase compared to the same timeframe in 2023. Unlike February and March, for the month of April, Methanol leads the pack, with 12 new vessels ordered during the month, followed by LNG with 7 orders. Notably, all newly ordered methanol fueled vessels were designated for tankers, a sector historically less inclined towards alternative fuels. The database now boasts 47 methanol fueled vessels added in the first four months of the year, reflecting a 42% surge compared to last year’s figures. https://bit.ly/3WBCD3N #methanol #sustainable #energytransition #efuel #renewable #cleanfuel #alternativefuel #maritime #marine

DNV: Methanol dominates as alternative fuel ship orders surge The latest update from DNV’s Alternative Fuels Insights (AFI) database shows that April saw a notable uptick in alternative fuel orders, with the addition of 23 new orders. According to DNV, this brings the total of alternative fuel orders for the year to 93, marking a significant 48% increase compared to the same timeframe in 2023. Unlike February and March, for the month of April, Methanol leads the pack, with 12 new vessels ordered during the month, followed by LNG with 7 orders. Notably, all newly ordered methanol fueled vessels were designated for tankers, a sector historically less inclined towards alternative fuels. The database now boasts 47 methanol fueled vessels added in the first four months of the year, reflecting a 42% surge compared to last year’s figures. https://bit.ly/3WBCD3N #methanol #sustainable #energytransition #efuel #renewable #cleanfuel #alternativefuel #maritime #marine

Ethanol is a promising feedstock for the production of #SAF, as it's commercially available and made right here in the U.S. This letter outlines why it's imperative to have the best and most accurate modeling framework for the tax credit. #GREET #biofuels

The chart below is from OPIS (a Dow Jones Company) showing the acceleration of Renewable Diesel (RD) use in California. Most RD produced in the US is shipped to California. Harbor craft are required to use RD and it is easy and effective for trucks as it is a "drop-in" fuel. Although its carbon intensity is not zero, it is significantly better than fossil diesel. Much of it comes from soybean oil so it is another revenue source for American farmers.