BlueGen receives MCS accreditation (0005N)
August 25 2011 - 2:02AM
UK Regulatory
TIDMCFU
RNS Number : 0005N
Ceramic Fuel Cells Limited
25 August 2011
BlueGen(R) receives MCS accreditation and is eligible for UK
Feed in Tariff
Thursday 25 August 2011
Ceramic Fuel Cells Limited (ASX / AIM: CFU) a leading developer
of high efficiency and low emission electricity generation units
for homes and other buildings, is pleased to announce that its
BlueGen(R) Microgeneration Heat and Power (mCHP) product has
received final Microgeneration Certification Scheme (MCS) product
and factory accreditation, enabling BlueGen customers to benefit
from the UK government's feed in tariff financial incentive
scheme.
BlueGen is the first fuel cell product to receive MCS
certification and be eligible for the UK feed in tariff.
BlueGen customers will now be able to use their BlueGen to
export electricity into the national grid and earn revenue during
the process. The feed in tariffs are 10.5 pence per kilowatt hour
of electricity generated, plus an additional 3.1 pence per kilowatt
hour of electricity exported to the grid.
BlueGen uses ceramic fuel cells to turn natural gas into
electricity and heat for hot water, with each unit capable of
producing more than three times the electricity needed to power the
average UK home. Surplus electricity can be sold back to the grid.
BlueGen also provides heat for domestic hot water use. BlueGen
units generate electricity at up to double the efficiency of the
current UK power grid, reducing energy bills as well as making
significant carbon savings.
The MCS certifies microgeneration technologies used to produce
electricity and heat from renewable and low emission sources. All
microgeneration products must be accredited under MCS in order to
be eligible for the UK feed in tariffs. The MCS accreditation
process involves an extensive and rigorous third party review of
all the procedures involved in manufacturing, installing and
maintaining a microgeneration product. MCS accreditation recognises
the quality of the highly efficient BlueGen units and gives
consumers a financial incentive to migrate to efficient energy
production.
Brendan Dow, Managing Director of Ceramic Fuel Cells said,
"Feed in tariffs play an important part in the UK's clean energy
policy and becoming eligible for the feed in tariffs is a
significant step forward for sales of our BlueGen product in the UK
market."
Ends
For further information please contact:
Ceramic Fuel Cells
Andrew Neilson Tel: +613 9554 2300
Email: investor@cfcl.com.au
Nomura Code Securities (AIM Tel: +44 (0) 207 776
Nomad) 1200
Juliet Thompson, Chris Golden
Australia Media enquiries
Richard Allen, Oxygen Financial Tel: +613 9915 6341
Public Relations
UK Media enquiries Tel: +44 (0) 7786 116
Mark Way 991
Email: Mark.W@harvardamerica.com
German Media enquiries Tel: +49 (0) 69 9218
7454
Alex Seiler, Hering Schuppener Email : aseiler@heringschuppener.com
Consulting
About Ceramic Fuel Cells Limited:
Ceramic Fuel Cells Limited is a world leader in developing fuel
cell technology to generate 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 also sold more than 200 BlueGen
gas-to-electricity generators to major utilities and other
foundation customers in Germany, the United Kingdom, Switzerland,
The Netherlands, Italy, Japan, Australia and the USA.
Ceramic Fuel Cells recently won the 2010-11 DuPont Design for a
Sustainable Future innovation award and the Microgeneration UK 2011
Technical Innovation Award. The company is listed on the London
Stock Exchange AIM market and the Australian Securities Exchange
(code CFU).
Register to receive email alerts of CFCL announcements and
industry news, at www.cfcl.com.au/register
More information is available at www.bluegen.info
This information is provided by RNS
The company news service from the London Stock Exchange
END
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