Energy

Chevron is exploring quantum computing applications to address complex challenges in the energy sector including reservoir simulation, molecular modeling for catalyst design, and supply chain optimization. The San Ramon-based energy company has partnered with quantum computing providers and participates in industry consortiums to evaluate quantum algorithms for oil and gas exploration, refining processes, and renewable energy development. Chevron’s technology organization investigates quantum-enhanced machine learning for seismic data analysis and computational chemistry simulations that could improve hydrocarbon recovery and accelerate development of lower-carbon energy solutions. The company collaborates with academic researchers and quantum startups to identify practical quantum computing applications for the energy industry.

ExxonMobil is exploring quantum computing applications for energy sector challenges including molecular simulation, reservoir optimization, and supply chain logistics. The Houston-based energy company has partnered with IBM Quantum Network and other quantum computing providers to develop practical applications for hydrocarbon exploration, catalyst design, and carbon capture optimization. ExxonMobil’s quantum computing initiative focuses on computational chemistry simulations that could accelerate development of new materials and processes for energy production and emissions reduction. The company participates in quantum research collaborations with academic institutions and technology partners to identify near-term and long-term quantum advantages for the energy industry.

Planckian is a Pisa-based quantum technology startup that emerged as a joint spinoff from the University of Pisa and Scuola Normale Superiore to pioneer groundbreaking solid-state energy technology using quantum mechanics. The company secured €2.7 million in pre-seed funding in July 2023 led by CDP Venture, Exor Ventures, and private investors to transcend traditional electrochemical approaches in energy technology. Planckian’s research focuses on leveraging quantum effects to enable qubits to achieve collective higher energy states, with potential applications in revolutionizing sustainable energy solutions including quantum batteries capable of indefinite energy storage. The company also develops superconducting quantum computers with innovative global control schemes, combining quantum battery research with quantum computing hardware development. Founded by leading quantum researchers including Marco Polini (Chief Scientific Officer) and Vittorio Giovannetti (Executive Scientific Advisor), Planckian represents Italy’s push into quantum energy applications and next-generation quantum processor architectures.