Locator: 48688FUELCELLS.
Locator: 48688STARGATE.
Tag: Oracle, Stargate, OpenAI
It will be awhile for nuclear.
It's natural gas now, but all of a sudden fuel cells are back in the news:
In an unrelated note, Bloomberg is reporting that Bloom Energy may have hit a tipping point:
Exelon Corp., largest U.S. producer of nuclear power, agreed to buy fuel-cell power plants with 21 megawatts of capacity that Bloom Energy Corp. plans to install at 75 corporate sites in four states.
Commercial customers including AT&T Inc. will purchase the electricity, often at a premium to a utility's grid price, for each plant's ability to provide power locally with less pollution and more reliability than the grid, said KR Sridhar, Bloom's co-founder and CEO.
The deal shows the growing interest in fuel cell generators, which produce electricity where it's consumed from natural gas through a chemical reaction that produces fewer carbon emissions than plants that burn fuel. It's Exelon's first investment in systems from Bloom, which will operate and maintain them, the Chicago-based utility owner said.
Bloom and gloom: I used to follow Bloom Energy fairly closely
years ago, then lost interest when it appeared to be going nowhere. I
happened to speak with an engineer who was acquainted with the
technology and had actually toured the plant. For some reason, out of
the blue he asked if I had ever heard of Bloom. Of course, I had. Later,
I googled Bloom to see if there were any updates. Wow, jackpot! Forbes investigation, published just a couple of months ago; one of the longer articles I've seen in Forbes. Link here. Archived. And what Motley Fool thinks.
So, I've followed Bloom Enery off and on in the past. Not so much recently.
