FuelCell Energy And Exxon Extend And Update Their Joint Carbon Capture Agreement

FuelCell Energy And Exxon Extend And Update Their Joint Carbon Capture Agreement - Carbon Herald
Credit: Credit: Adam Radosavljevic / Pixabay.

FuelCell Energy, Inc. (Nasdaq: FCEL) and ExxonMobil Technology and Engineering Company announced an updated and extended joint development agreement (JDA) for the deployment of their unique carbonate fuel cell technology for carbon capture. 

According to the new agreement, FuelCell Energy can now incorporate elements of the jointly developed technology into its existing carbon capture products currently being marketed to customers. The move is expected to accelerate delivery of the technology to the market and serve small to mid-scale projects. 

Relevant: ExxonMobil And FuelCell Energy To Pilot Carbonate Fuel Cell Technology

The joint development agreement has also been extended through December 31, 2026, to allow for continued development work for the technology. Back in December 2023, the two companies announced they will build a pilot plant at a refinery of ExxonMobil’s affiliate, Esso Nederland BV, in Rotterdam to assess the potential of the carbon capture and energy generation technology. Under the updated agreement, the companies continue to work on the pilot.

“Reaching this stage is a significant milestone for FuelCell Energy, as the technology so far has met or exceeded key technical performance criteria, and that’s a victory for the talented scientists and engineers from both of our companies,” said Jason Few, CEO and president of FuelCell Energy. 

FuelCell Energy and Exxon have a 10-year working relationship focused on the development of a platform that can capture emissions from industrial facilities while simultaneously generate electricity and hydrogen. FuelCell Energy’s carbonate fuel cell technology for carbon capture can run on natural gas or biogas. The fuel cells convert it into electrical power and heat through an electrochemical process. 

As both natural gas and biogas contain methane, inside the fuel cell, the methane is converted into hydrogen and CO2. The end products of the chemical reactions are electricity, hydrogen, water, and CO2. The unique chemistry of the carbonate fuel cell platform can also be used to concentrate CO2 from external sources for capture.

Relevant: FuelCell Energy & ExxonMobil Continue Carbon Capture Technology Development

From the carbon capture process, FuelCell Energy’s plant also produces additional power rather than consume electricity during the carbon capture process. The technology is being advertised as improving the economics of carbon capture. 

The agreement’s extension provides FuelCell Energy the opportunity to offer carbon capture to customers using the optimized carbon capture cell architecture within its current generation module design incorporating select improvements derived from the joint development work with Exxon. It aims to support future pioneer project deployments of the jointly developed technology that the companies anticipate pursuing with select customers.

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