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Posted: Mar 03, 2021 11:55 AM MT | Last Updated: March 8
The word transition was surreptitiously added below the be part of the energy slogans on signs welcoming drivers to Calgary in June 2020. The focus of much of this year s CERAWeek conference has been on the energy transition.(Twitter)
Chevron Technology Ventures said it has launched a new $300 million fund that will focus on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy. The Future Energy Fund II is the eighth venture fund launched by the firm.
With the first Future Energy Fund launched in 2018, CTV invested in more than 10 companies with more than 150 other investors to support innovations in carbon capture, emerging mobility, and energy storage. Building upon the success of the first Future Energy Fund, Future Energy Fund II will focus on innovation in industrial decarbonization, emerging mobility, energy decentralization, and the growing circular carbon economy.
Chevron Technology Ventures, LLC has announced the launch of its $300 million Future Energy Fund II.
Chevron Technology Ventures, LLC (CTV) has announced the launch of its $300 million Future Energy Fund II, which it says is focused on technologies that have the potential to enable affordable, reliable, and ever cleaner energy for all.
Future Energy Fund II will focus on innovation in industrial decarbonization, emerging mobility, energy decentralization, and the growing circular carbon economy, according to CTV. The company’s first Future Energy Fund launched in 2018 and invested in more than ten companies with over 150 other investors to support innovations in carbon capture, emerging mobility, and energy storage, CTV highlighted.
Chevron commits $300M toward low-carbon technology investments
Chevron Technology Ventures, LLC (CTV) launched the $300-million Future Energy Fund II focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy.
With the first Future Energy Fund launched in 2018, CTV invested in more than 10 companies with more than 150 other investors to support innovations in carbon capture, emerging mobility and energy storage. Building upon the success of the first Future Energy Fund, Future Energy Fund II will focus on innovation in industrial decarbonization, emerging mobility, energy decentralization and the growing circular carbon economy.
Future Energy Fund II is the eighth venture fund launched since CTV was established in 1999. CTV also has a Core Energy Fund which invests in technologies with the potential to have a significant impact on Chevron’s core business through operational enhancements, digitalization and low-carbon operations. Chevr