New study unveils ways to boost hydrogen solutions in US

A committee, established by the National Petroleum Council (NPC) and chaired by Mike Wirth, Chevron’s Chairman and CEO, has released a more than 1,200-page report, which recommends ways to boost hydrogen solutions in the U.S.

According to Chevron, the committee, which includes more than 200 experts from more than 100 energy industry, government, academic and environmental organizations, spent two years responding to a request from U.S. Secretary of Energy Jennifer Granholm to determine how hydrogen can advance U.S. climate goals.

The report includes 19 findings and makes 23 recommendations, which touch on:

• Policy and regulation: This includes developing legislation to bridge cost gaps between low-carbon intensity hydrogen and more widespread fuels, increasing investor confidence and streamlining regulatory frameworks.
• Societal impacts and safety: This includes developing value chains that provide benefits to society, improving community engagement and enabling workforce development.
• Technology, research and development: This includes investing to close technology gaps, address technical bottlenecks and support public-private research programs.

Austin Knight, Chevron’s Vice President of Hydrogen, said: “In support of U.S. climate goals, the report includes recommendations on what good policy would look like, what technology developments can decrease costs, and where best practices can be applied for social acceptance in order to scale the hydrogen system.”

Mike Wirth, Chevron’s Chairman and CEO, commented: “This report reflects input from experts across a broad spectrum of industries and organizations, and first-ever regional analysis of hydrogen deployment in the U.S. Acting on these findings will enable innovation, accelerate solutions, and set the foundation for scaling a hydrogen ecosystem that could advance progress toward achieving the world’s climate goals.”

Chevron noted that this report could provide guidance for policymakers, companies and others planning large-scale hydrogen projects, adding that the company is working to grow its own hydrogen business.

Click here to read more about hydrogen in the U.S.