Ceramic Fuel Cells (LSE:CFU)
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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."
For further information please contact:
Ceramic Fuel Cells
Andrew Neilson Tel: +613 9554 2300
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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).
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More information is available at www.bluegen.info
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