"Chevron is developing innovative solutions to help our customers use energy more efficiently and to help them generate power from renewable sources such as solar, wind and biomass. We believe there's huge potential for energy efficiency and the economic and environmental benefits that it provides."Jim Davis President
Chevron Energy Solutions
We believe energy efficiency and conservation are the most economic sources of "new" energy. As a large consumer of energy, we continually look for ways to drive greater efficiencies throughout our operations. Since 1992, the year we began tracking, we have increased the energy efficiency of our global operations by 27 percent and lowered our annual energy costs by approximately $2 billion. In addition to our internal efforts, we provide energy efficiency services to external customers. Over the past three years, Chevron Energy Solutions has helped its clients reduce energy use at their facilities by nearly 30 percent on average.
Cogeneration — Efficient and Productive
A 300-megawatt cogeneration plant (right) is being used to power a steamflood project at Chevron's giant Duri Field in Indonesia. Cogeneration is a fuel-efficient and environmentally friendly process to produce steam and electric power simultaneously. Heat from gas exhaust, a byproduct of electricity generation, is used to create steam, which aids the flow of oil when it is injected into the reservoir.
2006 Milestones
- Improved refinery reliability and capacity utilization rate, which contributed significantly to the overall increase in energy efficiency for the year
- Conducted full audits at 12 facilities and partial audits at 15 facilities to identify efficiency gaps and to ensure the application of best practices
- Realized an energy efficiency gain of 7 percent from a major clean-fuels project at the Kurnell, Australia, affiliate refinery