ICYMI: ExxonMobil, Chevron plan behind-the-meter power solutions
In this ICYMI episode of the Oil & Gas Journal ReEnterprised podcast, Mikaila Adams, Managing Editor - News, discusses recent announcements from certain oil and gas companies looking at providing natural gas-powered behind-the-meter solutions for growing data center electricity demand.
Demand from artificial intelligence and industrial electrification is growing rapidly, and companies are looking for power to support the growth.
ExxonMobil and Chevron are both exploring behind-the-meter solutions for data centers, leveraging natural gas and, potentially, carbon capture and storage, to provide reliable, decarbonized power.
Episode highlights: ExxonMobil, Chevron behind-the-meter
| 00:01:59 | ExxonMobil’s 1.5 GW behind‑the‑meter project targeting 24/7 clean, firm power with 90% carbon capture announced in December 2024. |
| 00:02:20 | Chevron & Engine No. 1 joint venture on US natural gas plant to supply data centers and meet AI’s high continuous power needs. |
| 00:02:53 | Data center electricity use surging: about 4.4% of US power in 2023, projected to hit 6.7–12% by 2028 (DOE–LBL/DOE report). |
| 00:04:54 | Probable ExxonMobil project site northwest of Baton Rouge, La. (Exxon Low‑Carbon Solutions land), ideal for natural gas, CCS, data center co‑location. |
| 00:05:15 | No commercial-scale natural gas power plant with CCS currently operating globally—ExxonMobil’s could be the first. |
| 00:07:08 | Project timelines: ExxonMobil targeting 2028 start and full decarbonization by 2029; Chevron aiming for up to 4 GW online by 2027 (with CCS to follow). |
Related
Interested in even more information about the data center industry? Check out Oil & Gas Journal sister publication Data Center Frontier.
About the Author
Mikaila Adams
Managing Editor - News
Mikaila Adams has 20 years of experience as an editor, most of which has been centered on the oil and gas industry. She enjoyed 12 years focused on the business/finance side of the industry as an editor for Oil & Gas Journal's sister publication, Oil & Gas Financial Journal (OGFJ). After OGFJ ceased publication in 2017, she joined Oil & Gas Journal and was named Managing Editor - News in 2019. She holds a degree from Texas Tech University.