Carbon TerraVault to explore 1GW solid-oxide fuel cell power with Bloom Energy

In California, California Resources Corporation and its carbon management business, Carbon TerraVault announced the signing of a memorandum of understanding with Bloom Energy to jointly evaluate and target the potential development of 1 gigawatt (GW) or more of solid-oxide fuel cell power generation paired with carbon capture and storage in California.

·      Combine complementary capabilities across California, pairing Bloom’s scalable solid-oxide fuel cell and third-party carbon capture technologies with CTV’s carbon dioxide (CO2) transportation and permanent storage capabilities and CRC’s proven project management expertise. Bloom’s high-concentration CO2 exhaust stream can make carbon capture more efficient and more cost-effective, positioning California to be among the nation’s first to pair fuel cell power generation with carbon capture at scale

·      Identify and develop new commercial pathways with potential third-party power offtake customers, including utilities, community choice aggregators, municipalities, data centers and other industrial users, along with the interconnection, permitting and other project-development work required to bring projects online

·      Initially evaluate and advance 1 GW or more of potential front-of-the-meter (FTM) and behind-the-meter (BTM) projects, representing up to 3 million metric tons per annum of CO2 emissions potentially available for capture and permanent storage, including contemplated projects in Central and Northern California: 

o   FTM clean energy projects – targeting multiple FTM projects with potential connection to CTV’s vast California storage portfolio and utility offtake

o   BTM clean energy opportunities – additional contemplated BTM projects across CRC’s Central Valley footprint, designed for industries seeking on-site, clean and reliable power

Tags: Bloom Energy, California, Carbon TerraVault

Category: Fuels