FuelCell Energy Reaches Industry Milestone of Three Billion Kilowatt Hours of Fuel Cell Power Generation Benefiting Public He...
December 11 2014 - 8:30AM
FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the design,
manufacture, operation and service of ultra-clean, efficient and
reliable fuel cell power plants, today announced a significant
operating milestone with the generation of three billion kilowatt
hours (kWh) of ultra-clean and renewable electricity produced by
Direct FuelCell® (DFC)® power plants since the first commercial
installation in 2003. FuelCell Energy has customers in nine
countries in North America, Asia and Europe and three billion kWh
of electricity is adequate to power approximately 271,000 U.S.
homes for one year; comparable to about 679,000 German homes or
837,000 South Korean homes.
"Reaching this level of power output is recognition that our
affordable and clean distributed power generation solutions are
meeting customer needs," said Chip Bottone, Chief Executive
Officer, FuelCell Energy, Inc. "The installed base of
operating fuel cell power plants has doubled in two years as our
broad range of global customers recognize the advantages of
multi-megawatt fuel cell parks, including a 15 megawatt fuel cell
park operating in North America and a 59 megawatt fuel cell park
operating in South Korea, the world's largest."
Fuel cell power plants generate electricity and heat cleanly and
efficiently. Utilizing an electro-chemical process, power is
generated in a manner that is virtually absent of criteria
pollutants including nitrogen oxide (NOx) that causes smog, sulfur
dioxide (SOx) that contributes to acid rain, and particulate matter
(PM10) that can aggravate asthma. Additionally, the high
efficiency of the power generation minimizes carbon
emissions. Compared to the average U.S. fossil-fuel power
plant, 3 billion kWh of ultra-clean fuel cell power generation
avoids the emission of approximately 25,600 tons of these criteria
pollutants as well as approximately 1.9 million tons of carbon
dioxide (CO2), a greenhouse gas, which is equivalent to the carbon
sequestered by about 1.4 million acres of U.S. forest. This
land area is larger than the State of Rhode Island and almost as
large as the State of Delaware.
"Quiet operation, virtual absence of pollutants, and
modest space requirements make fuel cell power plants easy to
locate in high-density urban areas to provide clean on-site power
or next to electrical substations to enhance the resiliency of the
electric grid," continued Mr. Bottone.
The stationary fuel cell power plants manufactured by FuelCell
Energy are fuel flexible, capable of operating on clean natural
gas, on-site renewable biogas, or directed biogas. These
megawatt-class power plants are scalable for multi-megawatt
applications with large power users or electric grid
support. The power plants provide continuous power that is not
dependent on the weather or time of day.
About FuelCell Energy
Direct FuelCell® power plants are generating ultra-clean,
efficient and reliable power at more than 50 locations
worldwide. With more than 300 megawatts of power generation
capacity installed or in backlog, FuelCell Energy is a global
leader in providing ultra-clean baseload distributed generation to
utilities, industrial operations, universities, municipal water
treatment facilities, government installations and other customers
around the world. The Company's power plants have generated
more than three billion kilowatt hours of ultra-clean power using a
variety of fuels including clean natural gas as well as renewable
biogas from wastewater treatment and food
processing. For more information, please visit
www.fuelcellenergy.com See us on YouTube
Direct FuelCell, DFC, DFC/T, DFC-H2 and FuelCell Energy, Inc.
are all registered trademarks of FuelCell Energy, Inc. DFC-ERG
is a registered trademark jointly owned by Enbridge, Inc. and
FuelCell Energy, Inc.
CONTACT: FuelCell Energy, Inc.
Kurt Goddard, Vice President Investor Relations
203-830-7494
ir@fce.com
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