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ExxonMobil and FuelCell sign carbon capture agreement

November 20, 2019

The agreement, worth up to US$60 million, will focus efforts on optimising the core technology, overall process integration and large-scale deployment of carbon capture solutions. ExxonMobil is exploring options to conduct a pilot test of next-generation fuel cell carbon capture solution at one of its operating sites.

“ExxonMobil is working to advance carbon capture technologies while reducing costs and enhancing scalability”, said Vijay Swarup, Vice President of Research and Development for ExxonMobil Research and Engineering Company. “This expanded agreement with FuelCell Energy will enable further progress on this unique carbon capture solution that has the potential to achieve meaningful reductions of carbon dioxide emissions from industrial operations.”

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