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2011 Chevron

David Stone

Senior Vice President

Chevron Energy Solutions

April 27, 2011

A Plug for Energy Efficiency

and Renewables

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2011 Chevron

Long-Term Global Energy Demand Is Growing

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Oil

Natural Gas

Coal

Nuclear

Renewable & Other

0

17,000

2007 2020 2030

Global Energy DemandMillion Tonnes of Oil-Equivalent

Source: IEA World Energy Outlook 2009

Global demand will rise roughly 40% through 2030

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2011 Chevron

We Need All Forms of Energy

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Conventional and unconventionalsOil, gas, coal and nuclear

andalternatives and renewablesGeothermal, solar, wind and biofuels

andenergy efficiencyThe easiest, most cost effective andreliable form of new energy available

Its an

andworld

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Chevron Is Developing All Forms of Affordable Energy

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Conventional Fuels

Finding and Developing the Next

Trillion Barrels

Renewable Fuels

Building Industrial-Scale, Sustainable

Business Models

Alternative Fuels

Converting Unconventional Resources

with Molecular Transformation

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2011 Chevron

Chevrons Alternative Energy Focus

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Invest in renewable energy technologiesCapture profitable positions

EMERGING DEMONSTRATION COMMERCIAL

CTV: OceanEnergy

CTV: Biofuels

CTV: Solar-to-SteamCTV: Non-ConvGeothermal

CES: Fuel Cells

CES: Solar PV

Global Power & IBU: Geothermal

Global Power: Wind

Tomorrow Today

CTV: Waste Heat Recovery

CES: LED Lighting

CTV: Hydrogen

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2011 Chevron

Chevron Energy Solutions:Efficiency, Reliability, Renewable Power

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FACT: Energy efficiency and conservation are the most

affordable and readily available sources of new energy

EnergyControls

Lighting& HVAC

CogenerationFuel CellsSolar Biomass

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Clean Energy Opportunities Are Growing

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EXAMPLE PROJECTS

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U.S. Postal Service

U.S.s first fuel cell/solar renewablepower plant

With efficiency upgrades, USPS saves

$1.23 million annually (46% reduction

in electricity purchases)

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OUTSIDE SOLAR AND FUEL CELLINSIDE ENERGY EFFICIENCY

9 2010 Chevron

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Contra Costa College Community College DistrictNorthern California

Solar panels on parking lotcanopies: 3,200 kW of power

High-efficiency lighting

Energy management system

High-efficiency HVAC

Electrical system upgrades

4 million kilowatt-hours per yeargenerated

Offsets 5.6 million pounds of CO2emissions per year

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Improving Chevrons Energy Efficiency and Use ofRenewables

Casper Wind Power ProjectCasper, WY

Wind turbine farm

Developed by Chevron Global

Power CompanySite of former Texaco refinery

Power sold to local utility

Project BrightfieldKern County, CA

Advanced solar array

Developed by Chevron

Technology VenturesSite of former Chevron refinery

Power used in currentoperations

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Next Generation of Research and Development

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Non-food sourcebiofuels

Advanced Solar

Moving new energy technologies from an idea to full scale deployment

Internal research and development

External research collaborations

Recovered EnergyGeneration

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The Future is Bright!

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