Bloom Energy Inc. Signs Agreements with Shell to Investigate Opportunities for Innovative Large-Scale, Renewable Hydrogen Energy Projects
Bloom ’ s engagement with Shell will help the advancement of decarbonization opportunities for emergent SOEC technology.
Bloom and Shell will collaborate with the goal of developing replicable, large-scale, solid oxide electrolyzer (SOEC) systems that would produce hydrogen for potential use at Shell assets.
“This technology could represent a potentially transformative moment for opportunities to decarbonize several hard to abate industry sectors,” said KR Sridhar, founder, chairman, and CEO of
Bloom’s SOEC technology can produce clean hydrogen at scale to augment or replace existing fossil fuel-powered “grey” hydrogen supplies produced at refineries by high carbon dioxide-emitting steam-methane reformation. Clean or “green” hydrogen is produced from water electrolysis, using renewable energy, essentially eliminating greenhouse gas emissions.
Demand for the Bloom Electrolyzer®, which is manufactured in
About
Forward Looking Statements
This press release contains certain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will” and “would” or the negative of these words or similar terms or expressions that concern Bloom’s expectations, strategy, priorities, plans or intentions. These forward-looking statements include, but are not limited to, expectations for a successful demonstration between the companies; amounts of hydrogen that may be produced during the project; and the scope and terms of the proposed partnership. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors including, but not limited to, developments in the hydrogen and energy markets, Bloom’s ability to deploy its electrolyzer technology at scale, and other risks and uncertainties detailed in Bloom’s
View source version on businesswire.com: https://www.businesswire.com/news/home/20240306835639/en/
Media
press@bloomenergy.com
Investors
investor@bloomenergy.com
Source: