A Plug for Energy Efficiency

and Renewables

David Stone
Senior Vice President
Chevron Energy Solutions

April 27, 2011

© 2011 Chevron
 Long-Term Global Energy Demand Is Growing

Global demand will rise roughly 40% through 2030

Global Energy Demand

Million Tonnes of Oil-Equivalent

17,000
Renewable & Other
Nuclear

Coal

Natural Gas

Oil

0
2007 2020 2030
Source: IEA World Energy Outlook 2009

© 2011 Chevron 2
 We Need All Forms of Energy

It’s an
“and”world
Conventional and unconventionals
Oil, gas, coal and nuclear

…and alternatives and renewables

Geothermal, solar, wind and biofuels

…and energy efficiency

The easiest, most cost effective and
reliable form of “new” energy available

© 2011 Chevron 3
 Chevron Is Developing All Forms of Affordable Energy

Conventional Fuels
Finding and Developing the Next
Trillion Barrels

Alternative Fuels
Converting Unconventional Resources
with Molecular Transformation

Renewable Fuels
Building Industrial-Scale, Sustainable
Business Models

© 2011 Chevron 4
 Chevron’s Alternative Energy Focus

Invest in renewable energy technologies…

Capture profitable positions
Tomorrow Today

EMERGING DEMONSTRATION COMMERCIAL

CTV: Ocean CTV: Non - Conv CTV: Solar - to - Steam CES: Fuel Cells Global Power & IBU: Geothermal
Energy Geothermal

CES: LED Lighting

CES: Solar PV Global Power: Wind

CTV: Biofuels

CTV: Waste Heat Recovery

CTV: Hydrogen

© 2011 Chevron 5
 Chevron Energy Solutions:
Efficiency, Reliability, Renewable Power

Lighting Energy Solar Fuel Cells Biomass Cogeneration

& HVAC Controls

FACT: Energy efficiency and conservation are the most

affordable and readily available sources of “new” energy

© 2011 Chevron 6
 Clean Energy Opportunities Are Growing

© 2011 Chevron 7
 EXAMPLE PROJECTS

© 2011 Chevron 8
 U.S. Postal Service

 U.S.’s first fuel cell/solar renewable

power plant
 With efficiency upgrades, USPS saves
$1.23 million annually (46% reduction
in electricity purchases)

INSIDE – ENERGY EFFICIENCY OUTSIDE – SOLAR AND FUEL CELL

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 Contra Costa College Community College District
Northern California

 Solar panels on parking lot

canopies: 3,200 kW of power
 High-efficiency lighting
 Energy management system
 High-efficiency HVAC
 Electrical system upgrades

4 million kilowatt-hours per year

generated
Offsets 5.6 million pounds of CO2
emissions per year
© 2011 Chevron 10
 Improving Chevron’s Energy Efficiency and Use of
Renewables
Project Brightfield
Kern County, CA
 Advanced solar array
 Developed by Chevron
Technology Ventures
 Site of former Chevron refinery
 Power used in current
operations
© 2011 Chevron
Casper Wind Power Project
Casper, WY
 Wind turbine farm
 Developed by Chevron Global
Power Company
 Site of former Texaco refinery
 Power sold to local utility
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 Next Generation of Research and Development

 Moving new energy technologies from an idea to full scale deployment

 Internal research and development

 External research collaborations

Non-food source
biofuels
Recovered Energy
Generation
Advanced Solar

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 The Future is Bright!

© 2011 Chevron 13