AI Power Foundries
Engine No. 1, Chevron and GE Vernova Partnering for Gas-Fired Power
๐๐๐๐ฉ ๐๐๐ช๐๐๐ฉ ๐ข๐ฎ ๐๐ฉ๐ฉ๐๐ฃ๐ฉ๐๐ค๐ฃ? Engine No. 1, Chevron and GE Vernova partnering to develop up to 4GW of โpower foundriesโ based on gas-fired generation to support data center development.
๐๐๐ฎ ๐๐ฉ ๐ข๐๐ฉ๐ฉ๐๐ง๐จ? Some of the best opportunities in energy require partnerships. Here a large gas producer (Chevron), with operating capabilities in power, gas and carbon capture, is partnering with a capital provider (Engine No. 1) and getting accelerated access to technology (7HA natural gas turbines) from GE Vernova.
How many others could get โGE Vernova 7HA natural gas turbines, secured under a slot reservation agreement, on an accelerated timelineโ?
How many others could other the โflexibility to integrate lower carbon solutions, such as carbon capture and storage (CCS)โ?
How many others would be attractive partners to meet the demand of scalable and reliable power with generation โnot designed to flow initially through the existing transmission gridโ?
๐ฟ๐๐ฉ๐๐๐ก๐จ:
The projects are expected to serve co-located data centers in the U.S. Southeast, Midwest and West regions.
7HA gas turbines are up to 50% hydrogen (H2) capable, with a pathway to 100%