REA Response
ExxonMobil and Air Liquide teamed up for a $850 million investment in Baytown, to expand low-carbon hydrogen production. Texas is set to lead in producing affordable hydrogen for a reliable energy future.
ExxonMobil taps Air Liquide for low-carbon hydrogen project
Utility Dive, Jun. 26, 2024
Dive Brief:
- ExxonMobil is partnering with industrial gases and services provider Air Liquide to boost the oil major’s low-carbon hydrogen project in Baytown, Texas, the energy giant announced Monday.
- Air Liquide will invest up to $850 million to construct and operate four large modular air separation units and associated infrastructure to support Exxon’s clean energy initiative in the Lone Star State, according to the Paris-based company. The oil and gas corporation previously said the project would help accelerate its pathway to reaching net-zero status across its scope 1 and 2 emissions by 2050.
- Exxon said the collaboration will also allow it to leverage Air Liquide’s existing pipeline network and transport the hydrogen generated at the facility to clients with operations in the U.S. Gulf Coast, helping support their decarbonization initiatives.
Read the full article here.
