Bloom Energy and Chart Industries Announce Groundbreaking Carbon Capture Partnership
Bloom Energy (NYSE: BE) and Chart Industries (NYSE: GTLS) have announced a strategic partnership focused on carbon capture technology. The collaboration aims to provide near zero-carbon, always-on power solutions using natural gas and fuel cells, targeting customers like data centers and manufacturers.
The partnership leverages Bloom's proprietary high-temperature fuel cell technology, which converts natural gas without combustion, producing a CO₂-rich stream with 15 times lower mass flow and ten times higher CO2 concentration compared to conventional technologies. Chart will process Bloom's high-purity CO2 exhaust stream for utilization or sequestration.
This initiative addresses the growing carbon storage market, which Morgan Stanley expects to reach over 500 million tonnes per annum of capacity within five years. The partnership offers an immediate pathway for carbon utilization while supporting long-term decarbonization efforts, making carbon capture more affordable and efficient for energy-intensive industries.
Bloom Energy (NYSE: BE) e Chart Industries (NYSE: GTLS) hanno annunciato una partnership strategica incentrata sulla tecnologia di cattura del carbonio. La collaborazione mira a fornire soluzioni energetiche sempre attive e quasi a zero emissioni di carbonio, utilizzando gas naturale e celle a combustibile, rivolgendosi a clienti come i data center e i produttori.
La partnership sfrutta la tecnologia proprietaria delle celle a combustibile ad alta temperatura di Bloom, che converte il gas naturale senza combustione, producendo un flusso di CO₂ ricco con un flusso di massa 15 volte inferiore e una concentrazione di CO2 dieci volte superiore rispetto alle tecnologie convenzionali. Chart elaborerà il flusso di scarico di CO₂ ad alta purezza di Bloom per l'utilizzo o la sequestro.
Questa iniziativa affronta il crescente mercato dello stoccaggio del carbonio, che Morgan Stanley prevede raggiungerà oltre 500 milioni di tonnellate di capacità all'anno entro cinque anni. La partnership offre un percorso immediato per l'utilizzo del carbonio, supportando al contempo gli sforzi di decarbonizzazione a lungo termine, rendendo la cattura del carbonio più accessibile ed efficiente per le industrie ad alta intensità energetica.
Bloom Energy (NYSE: BE) y Chart Industries (NYSE: GTLS) han anunciado una asociación estratégica centrada en la tecnología de captura de carbono. La colaboración tiene como objetivo proporcionar soluciones de energía siempre activas y casi sin carbono, utilizando gas natural y pilas de combustible, dirigidas a clientes como centros de datos y fabricantes.
La asociación aprovecha la tecnología de pilas de combustible de alta temperatura de Bloom, que convierte gas natural sin combustión, produciendo un flujo rico en CO₂ con un flujo de masa 15 veces menor y una concentración de CO2 diez veces mayor en comparación con tecnologías convencionales. Chart procesará el flujo de escape de CO₂ de alta pureza de Bloom para su utilización o secuestro.
Esta iniciativa aborda el creciente mercado de almacenamiento de carbono, que Morgan Stanley espera que alcance más de 500 millones de toneladas anuales de capacidad en cinco años. La asociación ofrece un camino inmediato para la utilización del carbono, mientras apoya los esfuerzos de descarbonización a largo plazo, haciendo que la captura de carbono sea más asequible y eficiente para las industrias intensivas en energía.
블룸 에너지 (NYSE: BE)와 차트 인더스트리 (NYSE: GTLS)는 탄소 포집 기술에 중점을 둔 전략적 파트너십을 발표했습니다. 이 협력은 데이터 센터 및 제조업체와 같은 고객을 대상으로 천연 가스와 연료 전지를 사용하여 항상 가동되는 거의 제로 탄소 전력 솔루션을 제공하는 것을 목표로 합니다.
이 파트너십은 블룸의 고온 연료 전지 기술을 활용하여 연소 없이 천연 가스를 변환하여, 기존 기술에 비해 15배 낮은 질량 흐름과 10배 높은 CO2 농도를 가진 CO₂가 풍부한 흐름을 생성합니다. 차트는 블룸의 고순도 CO₂ 배출 흐름을 활용 또는 격리하기 위해 처리할 것입니다.
이 이니셔티브는 모건 스탠리가 향후 5년 이내에 연간 5억 톤 이상의 용량에 도달할 것으로 예상하는 성장하는 탄소 저장 시장을 다룹니다. 이 파트너십은 탄소 활용을 위한 즉각적인 경로를 제공하며, 장기적인 탈탄소화 노력을 지원하여 에너지 집약적인 산업에 대해 탄소 포집을 보다 저렴하고 효율적으로 만듭니다.
Bloom Energy (NYSE: BE) et Chart Industries (NYSE: GTLS) ont annoncé un partenariat stratégique axé sur la technologie de capture du carbone. La collaboration vise à fournir des solutions énergétiques quasi sans carbone et toujours disponibles, utilisant du gaz naturel et des piles à hydrogène, ciblant des clients tels que les centres de données et les fabricants.
Le partenariat tire parti de la technologie de pile à hydrogène à haute température de Bloom, qui convertit le gaz naturel sans combustion, produisant un flux riche en CO₂ avec un débit de masse 15 fois inférieur et une concentration de CO2 dix fois plus élevée par rapport aux technologies conventionnelles. Chart traitera le flux d'échappement de CO₂ haute pureté de Bloom pour utilisation ou séquestration.
Cette initiative répond au marché croissant du stockage du carbone, que Morgan Stanley prévoit d'atteindre plus de 500 millions de tonnes de capacité par an dans cinq ans. Le partenariat offre un chemin immédiat pour l'utilisation du carbone tout en soutenant les efforts de décarbonisation à long terme, rendant la capture du carbone plus abordable et efficace pour les industries à forte intensité énergétique.
Bloom Energy (NYSE: BE) und Chart Industries (NYSE: GTLS) haben eine strategische Partnerschaft angekündigt, die sich auf die Technologie zur Kohlenstoffabscheidung konzentriert. Die Zusammenarbeit zielt darauf ab, nahezu kohlenstofffreie, ständig verfügbare Stromlösungen unter Verwendung von Erdgas und Brennstoffzellen bereitzustellen, wobei Kunden wie Rechenzentren und Hersteller im Fokus stehen.
Die Partnerschaft nutzt die proprietäre Hochtemperatur-Brennstoffzellentechnologie von Bloom, die Erdgas ohne Verbrennung umwandelt und einen CO₂-reichen Strom mit 15-mal niedrigerem Massestrom und zehnmal höherer CO2-Konzentration im Vergleich zu herkömmlichen Technologien erzeugt. Chart wird den hochreinen CO₂-Abgasstrom von Bloom für die Nutzung oder Speicherung aufbereiten.
Diese Initiative spricht den wachsenden Markt für Kohlenstoffspeicherung an, den Morgan Stanley innerhalb von fünf Jahren auf über 500 Millionen Tonnen jährliche Kapazität schätzt. Die Partnerschaft bietet einen sofortigen Weg zur Kohlenstoffnutzung und unterstützt gleichzeitig langfristige Dekarbonisierungsbemühungen, wodurch die Kohlenstoffabscheidung für energieintensive Industrien erschwinglicher und effizienter wird.
- Partnership enables more efficient and cost-effective carbon capture due to Bloom's concentrated CO₂ stream technology
- Targets growing market opportunity with Morgan Stanley projecting 500+ MTPA carbon storage capacity in next 5 years
- Offers immediate solution for carbon utilization while infrastructure develops
- Requires development of sequestration infrastructure in many locations
- Success depends on market adoption of carbon capture technology
Insights
This strategic partnership between Bloom Energy and Chart Industries represents a significant technological breakthrough in the carbon capture space, with substantial commercial implications. The collaboration addresses two critical market needs: reliable power generation and cost-effective carbon capture.
The key technological differentiator lies in Bloom's fuel cell system, which produces a CO2 stream with 10 times higher concentration than traditional combustion methods. This translates into significantly lower operational costs for carbon capture, potentially disrupting the current economics of carbon reduction technologies. For context, conventional carbon capture systems typically require 20-30% of a power plant's energy output just for the capture process - Bloom's concentrated CO2 stream could substantially reduce this energy penalty.
The market timing is particularly strategic, aligning with Morgan Stanley's projection of 500 million tonnes per annum of carbon storage capacity coming online in the next five years. This creates a robust ecosystem for the partnership's offerings, especially in regions where carbon pricing mechanisms are being implemented.
For data centers and manufacturers, this solution addresses several critical pain points:
- Provides reliable baseload power without compromising environmental goals
- Offers a scalable solution using existing natural gas infrastructure
- Creates potential revenue streams through carbon credit markets or CO2 sales to industrial users
- Helps meet increasingly stringent ESG requirements and carbon reduction targets
The partnership's dual-track approach - targeting both carbon utilization and sequestration markets - provides flexibility and near-term commercial viability while positioning for long-term growth as sequestration infrastructure develops. The food and beverage industry application mentioned represents an immediate revenue opportunity, as this sector regularly pays premium prices for high-purity CO2.
- Partnership Will Pave the Way for a Cost-Effective Path to Decarbonization Using Natural Gas and Sequestration
- Offers Scalable, Near-Zero Approach That Uses Existing Fuel Infrastructure to Meet Today’s Urgent Energy Needs
As part of the partnership, Chart will use its carbon capture know how to process Bloom’s high-purity carbon dioxide (CO2) exhaust stream into outputs that are ready for utilization or sequestration. The CO2 utilization market serves as an important near-term term bridge to carbon sequestration in locations, where sequestration infrastructure is not available or permitted. According to Morgan Stanley, more than 500 million tonnes per annum (MTPA) of carbon storage capacity is expected to come online within the next five years. As sequestration capabilities grow in the
Efficient carbon capture depends on the purity of CO₂ in the exhaust stream, which varies widely across power generation technologies. Conventional technologies that generate electricity from natural gas through combustion—such as gas turbines and reciprocating engines—produce exhaust streams with approximately
“Our partnership with Chart aims to demonstrate that cost-effective, onsite baseload power from natural gas with carbon capture is feasible at scale,” said KR Sridhar, Founder, Chairman, and CEO at Bloom Energy. “Bloom fuel cells generate electricity without combustion, producing a concentrated CO₂ stream that lowers extraction costs, making carbon capture more affordable and efficient. For energy-intensive industries like data centers and large manufacturers, this will provide a path to reliable, scalable power while significantly reducing carbon emissions. I am excited about the opportunities this partnership can unlock and the positive impact for our planet.”
“Chart is a global leader in carbon capture,” said Chart Industries CEO Jill Evanko. “We are excited to bring this expertise to Bloom and their unique platform which is capable of not just producing reliable power but also a concentrated CO2 stream. Working with a market leader in solid oxide fuel cells, we see exciting opportunities for our partnership in both sequestration and utilization markets. We are already working on projects where the captured CO2 will be utilized in the food and beverage industry.”
Please visit https://www.bloomenergy.com/carbon-capture/ to learn more about the company’s commitment to carbon capture, utilization, and storage (CCUS).
About Bloom Energy
Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. For more information, visit www.BloomEnergy.com.
About Chart Industries
Chart Industries, Inc. is a global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling for the Nexus of Clean™ - clean power, clean water, clean food, and clean industrials, regardless of molecule. The company’s unique product and solution portfolio across stationary and rotating equipment is used in every phase of the liquid gas supply chain, including engineering, service and repair and from installation to preventive maintenance and digital monitoring. Chart is a leading provider of technology, equipment and services related to liquefied natural gas, hydrogen, biogas, and CO2 capture amongst other applications. Chart is committed to excellence in environmental, social, and corporate governance (ESG) issues both for its company as well as its customers. With 64 global manufacturing locations and over 50 service centers from
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, the prospects for cost effective decarbonization using carbon capture technology, and expectations for the CO2 utilization and storage markets. 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, risks and uncertainties detailed in Bloom’s SEC filings. More information on potential risks and uncertainties that may impact Bloom’s business are set forth in Bloom’s periodic reports filed with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2023, and Quarterly Reports on From 10-Q for the quarters ended March 31, 2024, June 30, 2024, and September 30, 2024 filed with the SEC on February 15, 2024, May 9, 2024, August 8, 2024, and November 7, 2024 respectively, as well as subsequent reports filed with or furnished to the SEC. Bloom assumes no obligation to, and does not intend to, update any such forward-looking statements.
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FAQ
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