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Bloom Energy and Chart Industries Partner on Carbon Capture for Near Zero-Carbon Power
Slice of Energy Team
February 18, 2025
Key Highlights:
Bloom Energy (NYSE: BE) and Chart Industries (NYSE: GTLS) announce a carbon capture partnership to provide near zero-carbon power solutions.
Bloom’s fuel cell technology generates a CO₂-rich exhaust stream, making carbon capture more efficient and cost-effective compared to conventional methods.
Chart will leverage its carbon capture expertise to process Bloom’s CO₂ stream for utilization or sequestration.
CO₂ utilization serves as a bridge to sequestration, supporting global decarbonization efforts as storage capacity grows.
Partnership targets data centers and manufacturers seeking rapid-deployment power solutions without compromising reliability or emission goals.
Source: Business Wire
Notable Quotes:
“Our partnership with Chart aims to demonstrate that cost-effective, onsite baseload power from natural gas with carbon capture is feasible at scale.”
“Chart is a global leader in carbon capture. 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.”
Why This Matters:
As industries seek decarbonization solutions, efficient carbon capture technology is critical to achieving emissions reductions while maintaining reliable energy supply. The Bloom Energy and Chart Industries partnership presents a scalable, cost-effective alternative to traditional carbon capture methods, offering data centers and manufacturers a path to sustainable, always-on power. This collaboration also strengthens the growing carbon utilization and sequestration market, paving the way for a cleaner energy future.