Phillips 66 teams with NextEra Energy Resources to power Rodeo Renewable Energy Complex with solar facility
Phillips 66 has partnered with NextEra Energy Resources to build a 30.2 MW solar facility that will power the Rodeo Renewable Energy Complex. The facility will reduce grid power demand by 50% and avoid approximately 33,000 metric tons of CO2 emissions annually starting Q1 2025.
The solar installation, spanning 88 acres and featuring over 70,000 solar modules, will generate about 60,000 MWh/year of electricity, equivalent to powering 23,000 electric vehicles annually. The project has created 130 local union construction jobs.
The Rodeo Complex, which produces renewable diesel and sustainable aviation fuel from lower-carbon feedstocks, reached full processing capacity of 50,000 BPD in June after transitioning to renewable feedstocks in March.
Phillips 66 ha stretto una partnership con NextEra Energy Resources per costruire un impianto solare da 30,2 MW che alimenter脿 il Rodeo Renewable Energy Complex. Questo impianto ridurr脿 la domanda di energia dalla rete del 50% e eviter脿 circa 33.000 tonnellate metriche di emissioni di CO2 ogni anno a partire dal primo trimestre del 2025.
L'installazione solare, che si estende su 88 acri e include oltre 70.000 moduli solari, generer脿 circa 60.000 MWh/anno di elettricit脿, equivalente ad alimentare 23.000 veicoli elettrici all'anno. Il progetto ha creato 130 posti di lavoro per costruttori locali affiliati a sindacati.
Il Complesso Rodeo, che produce diesel rinnovabile e carburante sostenibile per aviazione da materie prime a basso carbonio, ha raggiunto la piena capacit脿 di lavorazione di 50.000 BPD a giugno dopo la transizione verso materie prime rinnovabili a marzo.
Phillips 66 se ha asociado con NextEra Energy Resources para construir una instalaci贸n solar de 30,2 MW que alimentar谩 el Rodeo Renewable Energy Complex. La instalaci贸n reducir谩 la demanda de energ铆a de la red en un 50% y evitar谩 aproximadamente 33,000 toneladas m茅tricas de emisiones de CO2 anualmente a partir del primer trimestre de 2025.
La instalaci贸n solar, que abarca 88 acres y cuenta con m谩s de 70,000 m贸dulos solares, generar谩 alrededor de 60,000 MWh/a帽o de electricidad, equivalente a la energ铆a necesaria para 23,000 veh铆culos el茅ctricos anualmente. El proyecto ha creado 130 empleos locales en construcci贸n sindicalizada.
El Complejo Rodeo, que produce di茅sel renovable y combustible sostenible para aviaci贸n a partir de materias primas de menor carbono, alcanz贸 su capacidad plena de procesamiento de 50,000 BPD en junio, tras la transici贸n a materias primas renovables en marzo.
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Phillips 66 s'est associ茅 脿 NextEra Energy Resources pour construire une installation solaire de 30,2 MW qui alimentera le Rodeo Renewable Energy Complex. Cette installation r茅duira la demande en 茅lectricit茅 du r茅seau de 50 % et 茅vitera environ 33 000 tonnes m茅triques d'茅missions de CO2 par an 脿 partir du premier trimestre 2025.
L'installation solaire, s'茅tendant sur 88 acres et comprenant plus de 70 000 modules solaires, g茅n茅rera environ 60 000 MWh/an d'茅lectricit茅, ce qui 茅quivaut 脿 alimenter 23 000 v茅hicules 茅lectriques par an. Ce projet a cr茅茅 130 emplois locaux dans la construction syndicale.
Le complexe Rodeo, qui produit du diesel renouvelable et du carburant a茅rien durable 脿 partir de mati猫res premi猫res 脿 faible teneur en carbone, a atteint sa capacit茅 de traitement maximale de 50 000 BPD en juin apr猫s 锚tre pass茅 脿 des mati猫res premi猫res renouvelables en mars.
Phillips 66 hat eine Partnerschaft mit NextEra Energy Resources geschlossen, um eine 30,2 MW Solar-Anlage zu bauen, die den Rodeo Renewable Energy Complex mit Strom versorgen wird. Die Anlage wird die Stromnachfrage um 50% senken und j盲hrlich etwa 33.000 metrische Tonnen CO2-Emissionen ab 2025 im ersten Quartal vermeiden.
Die Solarinstallation erstreckt sich 眉ber 88 Acres und umfasst 眉ber 70.000 Solarmodule, die j盲hrlich etwa 60.000 MWh Strom erzeugen werden, was dem Strombedarf von 23.000 Elektrofahrzeugen j盲hrlich entspricht. Das Projekt hat 130 lokale Gewerkschaftsbauarbeitspl盲tze geschaffen.
Der Rodeo-Komplex, der aus kohlenstoff盲rmeren Rohstoffen erneuerbaren Diesel und nachhaltigen Flugkraftstoff produziert, erreichte im Juni nach der Umstellung auf erneuerbare Rohstoffe im M盲rz die vollst盲ndige Verarbeitungskapazit盲t von 50.000 BPD.
- 50% reduction in grid power demand through solar implementation
- 33,000 metric tons annual CO2 emissions reduction expected
- Facility reached full processing capacity of 50,000 BPD in June
- Creation of 130 local construction jobs
- 60,000 MWh/year of electricity generation capacity
- None.
Insights
This strategic solar project represents a significant step in Phillips 66's transition to cleaner energy operations. The 30.2 MW solar facility will supply
The partnership with NextEra Energy Resources, a leading renewable energy developer, brings valuable expertise and capital efficiency to the project. The integration with the Rodeo Renewable Energy Complex, which already processes 50,000 BPD of renewable feedstock, creates a synergistic renewable energy ecosystem. This positions Phillips 66 advantageously in the growing renewable fuels market while potentially reducing exposure to future carbon pricing risks.
The project's environmental benefits are substantial and quantifiable. The anticipated reduction of 33,000 metric tons of CO2 emissions annually represents meaningful progress in industrial decarbonization. The solar facility's water-free operation is particularly noteworthy in the drought-prone California region, demonstrating responsible resource management.
The complex's focus on lower-carbon intensity feedstocks like used cooking oil and vegetable oils, combined with this solar power integration, creates a compelling environmental narrative. This dual approach to emissions reduction - both in feedstock selection and operational power sourcing - positions Phillips 66 as a leader in sustainable fuel production, potentially attracting environmentally conscious customers and investors.
The solar facility will reduce the complex鈥檚 grid power demand by
鈥淲e are excited to collaborate with NextEra Energy Resources on a project that aligns with our mission of providing energy and improving lives,鈥� said Zhanna Golodryga, executive vice president of Emerging Energy and Sustainability for Phillips 66. 鈥淭his solar facility not only underscores our commitment to advancing a lower-carbon future but also enhances our energy infrastructure.鈥�
The solar facility, owned and operated by NextEra Energy Resources, will be situated on approximately 88 acres of land owned by Phillips 66. The facility is adjacent to the Rodeo Renewable Energy Complex and will consist of more than 70,000 solar modules that will support the renewable fuels complex. The solar facility is designed to generate approximately 60,000 MWh/year of electricity, equivalent to the electricity required to power more than 23,000 electric vehicles per year.
鈥淲e are thrilled to collaborate with Phillips 66 on the Rodeo solar facility, which exemplifies our commitment to developing custom solutions to meet our customers鈥� growing energy needs at the speed they require,鈥� said Rebecca Kujawa, president & CEO of NextEra Energy Resources. 鈥淭his project will not only benefit Phillips 66鈥檚 operations and the customers who rely on its renewable fuels but also demonstrates how renewable energy can integrate seamlessly into industrial operations.鈥�
The solar facility will not use water to generate electricity. The joint project has created approximately 130 construction jobs, which were filled by local union labor.
Located in the
Phillips 66 announced the Rodeo Renewed project in 2020, making a final investment decision to move forward on it in 2022. The complex began processing only renewable feedstocks in March, achieving full processing capacity of 50,000 barrels per day (BPD) of renewable feedstock in June.
*Calculation is based on the EPA鈥檚 AVoided Emissions and geneRation Tool (AVERT).
About Phillips 66
Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company鈥檚 portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in
About NextEra Energy Resources
NextEra Energy Resources, LLC (together with its affiliated entities, 鈥淣extEra Energy Resources鈥�) is a clean energy leader and is one of the largest wholesale generators of electric power in the
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Jeff Dietert (investors)
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Source: Phillips 66
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