By Shariq Khan and Shashwat Awasthi

NEW YORK (Reuters) – U.S. oil main Chevron Corp (NYSE:) is contemplating methods to provide decrease carbon energy for knowledge heart operators, Jeff Gustavson, president of Chevron New Energies stated in an interview on the Reuters NEXT convention in New York.

Gustavson’s feedback comply with an analogous announcement by Exxon Mobil (NYSE:) on Wednesday, which stated it’s working to assist advance low-carbon electrical energy by including carbon-capture to pure gas-fired energy vegetation supplying knowledge facilities.

“We’re engaged on this as properly,” Gustavson stated, including that Chevron’s expertise supplying around the globe, and working pure fuel fired energy gear, positions the corporate properly to fulfill booming electrical energy demand from knowledge facilities.

Chevron has been engaged on this for greater than a yr, Gustavson stated on the sidelines of the occasion. He declined to supply further particulars, saying the corporate will make detailed bulletins at an applicable time.

“It suits lots of our capabilities – pure fuel, development, operations, and having the ability to present clients with a low-carbon pathway on energy by way of CCUS (carbon seize, utilisation and storage), geothermal, and possibly another applied sciences,” Gustavson stated.

The rise of synthetic intelligence and cloud computing is predicted to drive electrical energy demand sharply larger, driving utilities so as to add new pure fuel vegetation and delay the retirement of fossil-fuel energy vegetation.

To view the dwell broadcast of the World Stage go to the Reuters NEXT information web page: