SAN JOSE, Calif. - Bloom Energy Inc. (NYSE:BE) has announced a collaboration with energy giant Shell (LON:SHEL) Plc. to explore decarbonization solutions, focusing on Bloom's proprietary solid oxide electrolyzer (SOEC) technology. The partnership aims to develop large-scale SOEC systems capable of producing hydrogen, potentially for use at Shell's facilities.
Bloom's SOEC technology is designed to produce "green" hydrogen from water electrolysis using renewable energy, significantly reducing greenhouse gas emissions compared to traditional "grey" hydrogen production methods. The company claims this approach can help decarbonize industries that are traditionally difficult to transition away from fossil fuels.
The demand for Bloom's Electrolyzer®, which is manufactured in California and Delaware, has been increasing amid a growing interest in low-carbon solutions. Bloom boasts the largest operating electrolyzer manufacturing capacity globally, according to independent analysis. This capacity is reportedly double that of its closest competitor.
A notable demonstration of Bloom's technology took place in May at NASA Ames Research Facility in Mountain View, California, showcasing the world's largest solid oxide electrolyzer at 4 Megawatts. The demonstration unit produced 2.4 metric tons of hydrogen per day, achieving more hydrogen per megawatt than lower temperature electrolyzers like PEM or alkaline.
KR Sridhar, founder, chairman, and CEO of Bloom Energy, stated that the company is positioned to offer its American-made energy technology globally, aiming to reduce carbon footprints while sustaining economic growth.
This collaboration with Shell represents a strategic effort to scale up the deployment of Bloom's electrolyzer technology. However, the press release also includes forward-looking statements, which, as cautioned, are predictions that could differ materially from actual future events or results.
Bloom Energy is known for its solid oxide platform for distributed generation of electricity and hydrogen, serving Fortune 100 companies and aiming for a lower carbon energy supply and a net-zero future.
The information for this article is based on a press release statement from Bloom Energy.
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