Bloom Energy and California Resources team up on carbon capture fuel cell power plan in California

Bloom Energy and California Resources signed a non-binding agreement to evaluate solid oxide fuel cell power plants paired with carbon capture and storage in California. The projects would target utility customers, community choice aggregators, data centers, and industrial users across the Central Valley. Up to 3 million metric tons of CO2 per year could be captured and stored by Carbon TerraVault. Bloom's fuel cells produce a concentrated CO2 exhaust stream, which could make capture cheaper than conventional gas turbines. But the MOU is not an order. Definitive agreements, financing, interconnection, and EPA Class VI permits still need to happen before any revenue reaches Bloom.