California Resources and Bloom Energy Partner to Evaluate Fuel Cell Power for Carbon Capture

California Resources (CRC) has entered into a memorandum of understanding with Bloom Energy (BE) to explore the development of large-scale power generation. The partnership aims to evaluate the potential for deploying 1 GW or more of solid-oxide fuel cell technology integrated with carbon capture capabilities. The collaboration focuses on leveraging fuel cell technology to support decarbonization efforts within California. By pairing high-capacity power generation with carbon capture, the companies intend to assess the technical and economic viability of providing low-carbon energy solutions for industrial applications.

By Carl Surran, SA News Editor · Seeking Alpha ·

California Resources and Bloom Energy Partner to Evaluate Fuel Cell Power for Carbon Capture

Tickers: $BE $CRC

Topics: Carbon Capture Energy Transition Fuel Cells Renewable Energy

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Part of the story Bloom Energy Shares Rise Following Memorandum of Understanding with California Resources Corp (2 articles)

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