Caterpillar's Role in the
Energy Transition

R1700 XE  Burnie Proving Ground
R1700 XE  Burnie Proving Ground

The energy transition and growing global energy demand are increasing Caterpillar’s total addressable market and furthering opportunities for long-term profitable growth.

 

ACCELERATING COMMODITY DEMAND

Our mining customers use Caterpillar products to produce the commodities required for electrification, including the growing demand for electric vehicles. Minerals and other transition-related commodities required for electrification and needed for basic infrastructure all positively impact the demand for our equipment, services and technology within mining as well as heavy construction and quarry and aggregates.

Mining Truck, MEX. “La Herradura” is Mexico's largest open pit gold mine, Fresnillo is the customer
Mining Truck, MEX. “La Herradura” is Mexico's largest open pit gold mine, Fresnillo is the customer

BUILDING INFRASTRUCTURE

Our construction equipment is helping to build the required infrastructure to support the energy transition — from the installation of wind turbines and transmission lines to microgrids with solar panels to charging stations for automotive vehicles.

374 Next Gen excavator, Malaga
374 Next Gen excavator, Malaga

ENHANCING ENERGY RELIABILITY

Increasing renewable power in electric grids creates opportunities for distributed power generation. Customers utilize our reciprocating engine generator sets and gas turbines to support electric grid stability. Additionally, our microgrid solutions serve as integrated sources to provide reliable power in remote locations.

Lincoln High School, Portland, Oregon.  The installed system includes:278 kW solar array, C9 genset, C13 genset , Microgrid Master Controller (MMC)
Lincoln High School, Portland, Oregon.  The installed system includes:278 kW solar array, C9 genset, C13 genset , Microgrid Master Controller (MMC)

INVESTING IN BATTERY‑POWERED PRODUCTS

Caterpillar is committed to delivering robust electrified products and solutions for our customers. We are gaining valuable experience from our initial introductions of battery-powered equipment, and additional battery-powered machines and chargers under development will help our customers achieve their climate-related objectives.

301.9 battery electric mini hex prototype
301.9 battery electric mini hex prototype

OPTIMIZING NATURAL GAS

Natural gas is expected to play an important role in the transition to renewable energy. Our reciprocating engines and gas turbines are widely used across the globe in upstream natural gas production and transmission.

Turbine
Turbine

INCREASING THE USE OF ALTERNATIVE FUELS

We offer machines and engines that are capable of operating on alternative fuels such as hydrogen, biogas, hydrotreated vegetable oil (HVO) and biodiesel, while continuing to develop technologies for the future.

2 men on worksite
2 men on worksite

 

COMMITTED TO PROGRESS

As we help our customers build a better, more sustainable world, we remain committed to progress in our operations and organization.

At Caterpillar, we are committed to reducing our own environmental footprint and supporting our customers’ sustainability goals. Our 2022 Sustainability Report provides an in-depth look at progress over the past year, including our first disclosure of our Scope 3 use of sold products greenhouse gas emissions.

More information about how we are managing climate opportunities and risks can be found in our inaugural Task Force on Climate-related Financial Disclosures (TCFD) Report.

Our inaugural 2022 Lobbying Report details how and why Caterpillar participates in public policy to help advocate for issues that advance our enterprise strategy.

A diverse and inclusive workforce is a source of innovation and competitive advantage at Caterpillar. Read our 2022 Diversity & Inclusion Report to learn about our continuing D&I journey.

The Caterpillar Foundation celebrated its 70th anniversary in 2022. Since its founding in 1952, the Foundation has invested nearly $900 million to help build more resilient communities.

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D6 GC in Siberia

2022 Sustainability Report

Our 2022 sustainability report demonstrates Caterpillar’s progress to help our customers’ build a more sustainable world.

View Report
Cat Machines at work
Cat Machines at work


Top image: The R1700 XE battery electric LHD offers high productivity with zero-exhaust emissions.

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