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May 06

ExxonMobil, FuelCell Tag Team to Capture CO2 Emissions at Natural Gas Plants – Natural Gas Intelligence

  • May 6, 2016
  • adiaz
  • Business

Daily GPI – Carolyn Davis

ExxonMobil Corp., whose CEO is known for not taking bets on anything that doesn’t make money, announced Thursday it is collaborating with FuelCell Energy Inc. on carbon capture to reduce emissions from power plants that burn natural gas and coal.

The multi-year effort is designed to reduce the cost of cutting carbon dioxide (CO2) emissions from new and existing plants, with an overall goal to take the technology global. FuelCell CEO Chip Bottone and ExxonMobil’s Vijay Swarup, vice president for research and development (R&D) at the company’s research unit, discussed the venture during a conference call.

“We are constantly looking for solutions to solve the biggest challenges out there,” Swarup said. “Carbon capture is a big, big challenge.”

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FuelCell Energy delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy. We design, manufacture, undertake project development, install, operate and maintain megawatt-scale fuel cell systems, serving utilities, industrial and large municipal power users with solutions that include both utility-scale and on-site power generation, carbon capture, local hydrogen production for transportation and industry, and long duration energy storage. With SureSource installations on three continents and millions of megawatt hours of ultra-clean power produced, we are a global leader with environmentally responsible power solutions.

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