Powering Amsterdam's leading sustainable home

Date : 04/18/2011 @ 2:12AM
Source : RNS Non-Regulatory
Stock : Ceramic Fuel (CFU)
Quote : 0.22  0.0 (0.00%) @ 1:39AM
Ceramic Fuel Cells share price Chart

Powering Amsterdam's leading sustainable home


Ceramic Fuel Cells Limited

18 April 2011

Company Announcement

18 April 2011

BlueGen chosen to power Amsterdam's leading sustainability home

A consortium of innovative companies has installed a gas-to-electricity powerplant in a 17th century canal house "De Groene Bocht" in the centre of Amsterdam. This power plant uses the world's most efficient fuel cell technology to convert gas into electricity and heat.

The technology - BlueGen - enables "De Groene Bocht" to produce most of the electricity it needs, on site. It is the first time that this technology has been applied in an office environment.

The electrical efficiency of the BlueGen unit is over 60 percent, the highest electrical efficiency of any such technology in the world. In addition, the recovered heat is used for domestic hot water, bringing the total efficiency above 85 percent.

Besides the benefits of distributed generation of electricity (no costs of centralised production and distribution) the new fuel cell technology provides a direct carbon emission cut of more than 50% compared to the net carbon emissions in the Netherlands. In the short term the unit will run on green gas making the unit's operation climate neutral.

BlueGen units are manufactured by the Australian/German company Ceramic Fuel Cells Limited.

This project fits well with the strategy of the various parties in the consortium - Cool Endeavour, Eneco, Liander, GasTerra and Amsterdam Smart City, to accelerate the energy transition. In this energy transition the use of green gas and controllable decentralized energy are the key components to balance the fluctuations in the supply of solar and windpower.

Paddy Thompson, General Manager Business Development at Ceramic Fuel Cells, said:

"The integration of BlueGen into De Groene Bocht proves that the technology needed to create electricity and heat in a low-emission, highly efficient way exists today, and its use is a significant step towards achieving far-reaching cost and environmental benefits at home and in the workplace. "This is an important first step into the heritage market for BlueGen which can help older buildings - which have notoriously poor carbon emission credentials due to their age - substantially improve their carbon footprint."

Matthijs Guichelaar at Cool Endeavour, said:

"This is the first time a fuel cell has been installed in an existing Dutch officebuilding. It is expected that in the near future more companies will follow the lead of "De Groene Bocht". The technology is likely to develop into a mass-market product and should make an important contribution to the transition to a more sustainable economy."

For further information please contact:

Ceramic Fuel Cells 
Andrew Neilson                   Tel: +613 9554 2300 
                                 Email: investor@cfcl.com.au 
Australia Media enquiries 
Richard Allen, Oxygen Financial  Tel: +613 9915 6341 
 Public Relations 
UK Media enquiries               Tel: +44 (0) 7786 116 991 
 Mark Way                         Email: Mark.W@harvardamerica.com 
German Media enquiries           Tel: +49 172 850 49 75 
Matthias Baumgarten, PR Partner 

About Ceramic Fuel Cells Limited:

Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to provide highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells is developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany. Ceramic Fuel Cells has sold more than 60 BlueGen gas-to-electricity generators to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, Italy, The Netherlands, Japan, Australia and the USA.

Ceramic Fuel Cells is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

Information about BlueGen can be found at www.bluegen.info

About "De Groene Bocht":

"De Groene Bocht" is a business centre with a mission. By bringing together sustainable businesses and initiatives it contributes to the acceleration of a sustainable society.

Cool Endeavour

Cool Endeavour Holding is a group of companies focusing on the transition towards a sustainable economy. Cool Endeavour initiates and invests in sustainable innovation and helps other businesses with the rollout of the latest technologies. In this way, Cool Endeavour makes tomorrow's world accessible today. Currently Cool Endeavour from the following companies: We are cool, CUBE Architecten, ZestiQ, "De Groene Bocht" and Clean Drinks.

About Eneco

Eneco Energy Company produces, distributes and supplies energy (electricity, gas and heat and cold) and realizes sustainable energy solutions. The ambition of Eneco is to have sustainable energy for everyone. Eneco will invest with partners in renewable energy such as wind, hydro, solar, biomass, heat and cold, and local energy generation. Eneco is a mission partner of the World Wildlife Fund (WWF) and the first energy company in the world participating in the International Climate Savings program. In total, Eneco serves approximately two million corporates and consumer customers with energy for home, the office and living.

About Liander:

Liander is a company with a regional distribution network that transports electricity to 2.9 million customers and gas to 2.1 million customers in the provinces of Gelderland, Noord-Holland and large parts of Flevoland, Friesland and South Holland. To continue to supply power continuously to its customers, we constantly work on maintenance, expansion and innovation of our networks. Liander is the core of the network company Alliander that has emerged from the unbundling of Nuon into an energy company and a network company

About GasTerra:

GasTerra is an international trading company in natural gas and promotes a safe and efficient use of natural gas and is active in the development of clean and efficient gas applications. GasTerra recognizes the importance of the transition to a sustainable energy supply and initiates projects in this context such as the demonstration of fuel cells in buildings.

About Amsterdam Smart City:

Amsterdam, Smart City is an independent partner for climate and energy projects. The platform is a joint venture between Amsterdam, companies, institutions and governments, with the aim of smart energy use and to test new technologies in Amsterdam. Amsterdam Smart City is an initiative of the "Amsterdamse Innovatie Motor" (AIM) and grid company Liander, in close cooperation with the Municipality of Amsterdam. There have been a total of sixteen sustainable projects launched since its inception in 2009 in the field of working, living, mobility and public space.

This information is provided by RNS

The company news service from the London Stock Exchange



Ceramic Fuel Cells (LSE:CFU)
Historical Stock Chart

1 Year : From Apr 2017 to Apr 2018

Click Here for more Ceramic Fuel Cells Charts.

Ceramic Fuel Cells (LSE:CFU)
Intraday Stock Chart

Today : Saturday 21 April 2018

Click Here for more Ceramic Fuel Cells Charts.
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:42 V:us D:20180422 03:09:34