08/12/2022 | Press release | Archived content
Bloom Energy, a solid oxide fuel cell maker, is gearing up its hydrogen electrolyzer business, the company's CFO tells Axios.
Why it matters: Bloom has promised a move from natural gas to hydrogen as part of the company's long-term plan to create a cleaner source of energy.
State of play: Bloom Energy CFO Greg Cameron says that the hydrogen-based fuel cell is ready for prime time, but there's no hydrogen available to power it.
What we're watching: Bloom is working on a project with the Department of Energy to pull heat from nuclear reactors to more efficiently power its electrolyzers.
Of note: Cameron says there are early signs that the supply chain crunch is easing for semiconductors and logistics, but didn't feel comfortable extrapolating with just a few weeks' worth of data.