“Be Flexible™” offering provides much-needed economical and
sustainable solution for variable electricity load and demand with
up to 50% cost savings, 50% carbon reduction at
reduced load, and more than 5 times faster power ramp than
legacy solutions for load following.
“Be Flexible” can solve pain points for utilities for
front-of-the-meter applications and for end customers such as
commercial, AI data centers and EV charging stations for
behind-the-meter applications.
In cities around the world, variable load, power-intensive
applications, such as AI data centers, EV charging stations and
commercial developments are rapidly coming online. Intermittent
electricity sources are struggling to meet this demand, leaving
substantial shortages in power.
To address this growing problem, Bloom Energy (NYSE:BE), a world
leader in fuel cell electricity production, today announced a new
flexible load following solution for its Energy Server® platform.
This solution rapidly handles fluctuations in supply and demand for
heavy power consumers, ensuring them power certainty and quality
while delivering significant cost savings.
The new “Be Flexible” offering can operate on either side of the
meter, providing both utilities and end customers with an on-demand
solution. With the “Be Flexible” offering utilities are better able
to deal with disparities between their peak and non-peak demands
due to its dispatchable nature. Customers behind the meter are
better able to accommodate the variability of their loads.
With more than 1 gigawatt of deployment, Bloom is a market
leader for distributed baseload, always-on power generation with
its proven solid oxide fuel cell (SOFC) technology and
groundbreaking Energy Server platform. With this new load following
capability Bloom has now extended its value to new applications
where the ability to ramp power output up or down quickly is
required to address a customer’s variable load and demand
throughout the day.
“We continue to innovate and solve the unique challenges created
by the energy transition and the AI revolution,” said KR
Sridhar, Founder, Chairman, and CEO of Bloom Energy. “The Be
Flexible offering provides a solution to customers that is
technically, economically, and environmentally superior to legacy
alternatives such as diesel generators and gas turbines. This
solution can play a critical role in keeping the lights on when
intermittent renewables are not powering the grid and the grid is
unable to meet customer demand – a situation which is becoming more
common in states with high renewables penetration such as
California, Texas and New York.”
“I have been in the power generation business for more than a
decade and selling gas turbines for the past six years. Providing
utilities with a significantly cleaner dispatchable source of
electricity with Be Flexible, which ramps up and down significantly
more than turbines, reciprocating engines and other alternatives,
will enable them to add more renewable electricity in the mix,”
said Aman Joshi who recently joined Bloom Energy as the Chief
Commercial Officer.
“The rapid response time of ‘Be Flexible,’ due to its solid
state architecture, is immensely important when we consider the
intense energy fluctuating demands like those from AI data centers,
which we are increasingly dependent on,” said Peter Gross, a
leading expert on data centers and advisor to Bloom Energy.
“Data center power demands can nowadays easily jump from 50 percent
to 100 percent in a matter of seconds. A power source that can’t
deliver in such a short time will trip the entire site’s power,
causing costly disruptions.”
In a whitepaper released in conjunction with the announcement,
the new Be Flexible Energy Server is shown to follow an electricity
load increase from 40 to 100 percent almost instantaneously. The
Energy Servers can be configured in standalone microgrids or
support grid operators during times of unstable supply and high
demand. As the demand for flexible, responsive and sustainable
power generation solutions grows, SOFC technology has the capacity
to meet electricity demands for customers such as utilities,
retail, AI data centers and EV chargers.
As discussed in the white paper, the key advantages of the Be
Flexible offering for the Energy Server compared to legacy
standalone power generation solutions include the following:
- Quick Ramp-to-Power: The Bloom Energy Server generates
electricity through the direct conversion of fuels like natural
gas, biogas or hydrogen, eliminating multiple energy conversion
processes and the mechanical inertia of combustion-based solutions
such as turbines. This enables them to reach the target power more
than five times faster than other power generation technology.
- Cost Advantages: Compared to gas turbines where the
efficiency dramatically reduces at lower loads compared to full
load, load fluctuation has minimal impact on the efficiency of
Bloom’s Energy Server. This provides as much as a 50 percent cost
advantage depending on the application.
- Sustainability: CO2 emissions from Bloom’s Energy Server
are significantly lower (up to 50 percent at part load) and
minimally impacted by load fluctuation compared to gas turbines.
They require practically no water during operation and emit no NOx
or SOx particulates because they operate through electrochemical,
non-combustion processes.
Forward-Looking Statements
This press release contains certain forward-looking statements
that are subject to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements generally relate to future events or our future
financial or operating performance. In some cases, you can identify
forward-looking statements because they contain words such as
“anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,”
“may,” “should,” “will” and “would” or the negative of these words
or similar terms or expressions that concern Bloom’s expectations,
strategy, priorities, plans or intentions. These forward-looking
statements include, but are not limited to, Bloom’s expectations
regarding the cost savings versus the grid, including Bloom’s
ability to meet the current or future electricity demands. Readers
are cautioned that these forward-looking statements are only
predictions and may differ materially from actual future events or
results due to a variety of factors including, but not limited to:
performance of load following capability at scale and other risks
and uncertainties detailed in Bloom’s SEC filings from time to
time. More information on potential factors that may impact Bloom’s
business are set forth in Bloom’s periodic reports filed with the
SEC, including our Annual Report on Form 10-K for the year ended
December 31, 2022 as filed with the SEC on February 21, 2023 and
our Quarterly Reports on Form 10-Q for the quarters ended March 31,
2023, June 30, 2023, and September 30, 2023, as filed with the SEC
on May 9, 2023, August 3, 2023, and November 8, 2023, respectively,
as well as subsequent reports filed with or furnished to the SEC
from time to time. These reports are available on Bloom’s website
at www.bloomenergy.com and the SEC’s website at www.sec.gov. Bloom
assumes no obligation to, and does not currently intend to, update
any such forward-looking statements.
About Bloom Energy
Bloom Energy empowers businesses and communities to responsibly
take charge of their energy. The company’s leading solid oxide
platform for distributed generation of electricity and hydrogen is
changing the future of energy. Fortune 100 companies around the
world turn to Bloom Energy as a trusted partner to deliver lower
carbon energy today and a net-zero future. For more information,
visit www.bloomenergy.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240212151740/en/
Media Relations: Amanda Song press@bloomenergy.com
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