Cogeneration technology captures heat generated from the production of electricity for use in production, refining and chemical processing operations. Due to its inherent energy efficiency, the use of cogeneration leads to reduced greenhouse gas emissions. Our cogeneration facilities alone enable the avoidance of approximately 6 million metric tons per year of greenhouse gas emissions.
We have interests in approximately 5,300 megawatts of cogeneration capacity in more than 100 installations at more than 30 locations around the world. This capacity is equivalent to the annual energy needed to power 2.5 million U.S. homes. Over the past decade, we have added more than 1,000 megawatts of cogeneration capacity and continue to develop additional investment opportunities.
For example, ExxonMobil completed the construction of its third cogeneration facility at its Singapore Refinery’s Jurong site in October 2017. The 84-megawatt facility brings the total cogeneration capacity in Singapore to more than 440 megawatts and will meet most of our electricity needs at the integrated manufacturing site.