ExxonMobil to Build CCS Pilot Plant with FuelCell Energy Using Carbonate Fuel Cell Technology

December 18, 2023

https://www.globenewswire.com/news-release/2023/12/18/2797725/8041/en/ExxonMobil-to-Build-CCS-Pilot-Plant-with-FuelCell-Energy-Using-Carbonate-Fuel-Cell-Technology.html

ROTTERDAM, Netherlands and DANBURY, Conn., Dec. 18, 2023 (GLOBE NEWSWIRE) — ExxonMobil’s affiliate Esso Nederland BV plans to build a pilot plant at its Rotterdam Manufacturing Complex to test a breakthrough technology that could significantly reduce CO2 emissions from key industries. The pilot plant aims to obtain data on performance and operability of the carbonate fuel cell (CFC) technology, jointly developed with FuelCell Energy. Additionally, the pilot aims to address potential technical issues that may occur in a commercial environment and better understand the costs of installing and operating a CFC plant for carbon capture.

Read more at globenewswire.com

Related news for (FCEL)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.