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ExxonMobil is developing innovative ways to generate power more efficiently and with less environmental impact compared with purchasing electricity from a local utility. Cogeneration captures heat generated from the production of electricity for use in production, refining and chemical processing operations.

ExxonMobil has interests in approximately 5,200 megawatts of cogeneration capacity in more than 100 individual installations at more than 30 locations around the world. This capacity is equivalent to the electricity needs of approximately 2.5 million U.S. homes. In 2012, we added 220 megawatts of additional capacity from our new cogeneration facility in Singapore. We have additional projects approved, which will add more than 300 megawatts by 2015, and several other projects are in various stages of development. Since 2004, we have invested more than $1 billion in cogeneration projects.