Pioneering the ultra-clean energy

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FuelCell Energy Announces New Carbon Cap...

EREVITA Team, 11.1.2020 13:44:41

FuelCell Energy Announces New Carbon Capture Project with Drax Power Station DANBURY, Conn., June 27, 2019 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced that it has entered into a contract with Drax Power Station in the United Kingdom for an application of the Company’s carbon capture solution. FuelCell Energy will be supporting Drax with a Front End Engineering and Design (FEED) study evaluating the use of the Company’s propriety carbonate fuel cells to capture carbon dioxide (CO2) emissions from Drax’s biomass boilers. Drax Power Station is the largest single-site renewable power generator in the UK. Located near Selby, North Yorkshire, it has a capacity of over 3,900 megawatts of renewable power generation, primarily from sustainable wood pellets sourced from responsibly managed forests. Carbon dioxide linked to the carbon cycle of forests is considered carbon neutral and therefore, carbon capture employed at this project would make the power station carbon negative. Bio-Energy with Carbon Capture and Storage (BECCS) is one of the most promising approaches to carbon reduction because of the ability to be carbon negative at large scales. FuelCell Energy’s carbon capture technology is based on the Company's proprietary carbonate fuel cell power plants, which are able to concentrate CO2 from dilute flue gas streams as a side reaction during power generation. The concentrated CO2 is then available for sequestration or utilization. The FEED study will focus on a system that captures up to 85 tonnes of CO2 per day while generating additional power for the station. The ability to co-produce valuable electricity during carbon capture provides a significant advantage over conventional solvent-based CO2 capture systems that consume both heat and electricity to operate. The fuel cell also destroys up to 70% of NOx emissions from the flue gas. Drax plans to use the CO2 captured within a greenhouse abutting the power station. Potentially any excess CO2 captured could be transported to other greenhouse locations. FCE’s carbonate fuel cell is modular, and this FEED study supports a potential future demonstration project that will utilize two standard fuel cell modules similar to FCE's SureSource3000 commercial power generation system. Once demonstrated, the technology can easily be scaled up to capture a significant portion of the power station’s CO2 output. This initial FEED study will be completed in late 2019, and a detailed design and cost estimate for the demonstration system will be part of the FEED study. Completion of the FEED study may lead to the construction and operation of the demonstration system in a subsequent project. “Carbon capture using FuelCell Energy’s solution is a potential game-changer for affordability and efficiency of concentrating and capturing carbon dioxide from emitters,” said Tony Leo, Executive Vice President and Chief Technology Officer, FuelCell Energy. “We are pleased to have the opportunity to partner with Drax and the BEIS (United Kingdom, Department for Business, Energy and Industrial Strategy) for such an innovative and critically important subject as cleaner energy.” Will Gardiner, Drax Group CEO, said “We believe fuel cell technology could help us to meet the rise in global demand for electricity, whilst capturing the carbon dioxide produced during its generation. Our FEED study will help us to understand the technical and economic feasibility of fuel cells, with a view to scaling the technology up, whilst showing that clusters of businesses working together to deliver climate change solutions, can also deliver benefits for their businesses.” Chris Skidmore, Energy & Clean Growth Minister, said: “Cutting edge technology to capture carbon will cut emissions as we work towards a net zero economy while creating new jobs – a key part of our modern Industrial Strategy. This innovative project from Drax represents a major milestone in efforts to rollout carbon capture at scale by the 2030s.”

FuelCell Energy Inc. and E.ON Business S...

EREVITA Team, 11.1.2020 13:46:20

FuelCell Energy Inc. and E.ON Business Solutions GmbH Announce an Agreement to Develop the European Market DANBURY, Conn., Oct. 03, 2019 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced a collaboration agreement with E.ON Business Solutions, a German company specializing in integrated energy solutions for customers in the commercial, industrial and public sectors. FuelCell Energy is a global leader in fuel cell solutions for the affordable non-combustion based supply of base-load energy. As part of the global energy firm E.ON, E.ON Business Solutions provides tailored solutions for energy efficiency, decentralized power generation, flexibility, virtual power plants, and battery power storage. Operating on natural gas, energy generated by FuelCell Energy plants is delivered with negligible criteria pollutants (PM, NOx, SOx) and low CO2 due to the efficiency of the system. Also fully capable of running on biogas, our systems can deliver zero CO2 energy. In applications such as wastewater treatment plants, the fuel is 100% renewable, and using the fuel in a fuel cell avoids the criteria pollutants emitted by flaring the gas or combustion-based power plants. FuelCell Energy’s plants not only can efficiently and affordably supply clean, continuous power, but also useable steam, heat, and hydrogen to our customers. FuelCell Energy announced in July 2019 the relaunch of its sub-megawatt class fuel cell solutions for Europe, the SureSource 250 and SureSource 400, in addition to its multi-megawatt SureSource systems. “We are excited to partner with E.ON for the continued advancement of our fuel cell multi-featured platform in Europe,” commented Jason Few, President and Chief Executive Officer of FuelCell Energy. “E.ON owns two of our existing power plant projects already. Our solution is a perfect fit for a number of needs throughout Europe, offering both distributed cost-effective energy for sub-megawatt applications, and large scale multi-megawatt continuous clean power for industrial and utility-scale applications. With this collaboration, together, we will be able to offer customers across Europe flexible financial solutions ranging from power purchase agreements, capital leases, and attractive purchase options with the full support of E.ON. With E.ON, FuelCell has a partner who understands both the value and environmental benefits of our solution, is excited about owning future projects, adding our fuel cell leading multi-function energy platform to its direct customer offering and diversifying and advancing its clean energy portfolio.” E.ON currently owns two fuel cell plants in Germany, a 1.4 Megawatt plant (SureSource 1500) located at the German headquarters and production facility of FRIATEC AG in Mannheim, and one 0.4 Megawatt (SureSource 400) plant located at the Radisson Blu Hotel in Frankfurt. In Germany, SureSource systems receive a 60% reduction on the EEG (“Erneuerbare-Energien-Gesetz“) levy. SureSource systems are a viable solution for European regions and cities to reduce their emissions and realize their green energy transition. Mr. Few continued, “We have seen a significant increase in demand for clean, alternate baseload power solutions throughout Europe recently. Pollution in the form of NOx, SOx, and particulate matter generated from traditional combustion-based solutions also is an increasing issue, especially in highly populated areas. Customers who rely on power, such as industry, hospitals, hotels, and data centers, all have reacted extremely favorably to our announcement a couple of months ago.” Both Mr. Few and Anthony Ainsworth, Chief Executive Officer E.ON Business Solutions, stated their excitement to work jointly with both local and global customers across Europe. “E.ON is one of the few companies in the world with experience in the construction and operation of megawatt-class fuel cell plants. We can offer this technology as an important building block in our B2B solution portfolio. The industry is showing great interest in the fuel cell in order to make the power supply not only more climate friendly, but even almost zero nitrogen oxide and fine dust free. We are convinced that this clean technology can be widely used and see FuelCell Energy as an important partner for our strategy,” says Anthony Ainsworth, CEO of E.ON Business Solutions. Rising government initiatives and motivation under a new renewable heat incentive policy intended to increase the amount of energy generated from renewable sources are key drivers in Europe, one of the fastest growing regions in the fuel cell technology market. Importantly, all SureSource systems can run directly on biogas delivering a zero carbon solution in addition to zero particulates, NOx, and SOx. For example, wastewater treatment plants (WWTPs) that generate anaerobic digester gas (ADG) can host these fuel cell systems to generate renewable and clean baseload power and heat without criteria pollutants. In addition to WWTPs, FuelCell Energy’s fuel cell solutions are a perfect fit for other alternative fuels markets such as breweries, biomass plants, and landfills by producing baseload renewable and clean power at higher efficiencies than conventional small combined heat and power systems.

ExxonMobil, FuelCell Energy Expand Agree...

EREVITA Team, 11.1.2020 13:48:44

ExxonMobil, FuelCell Energy Expand Agreement for Carbon Capture Technology IRVING, Texas and DANBURY, Conn., Nov. 06, 2019 (GLOBE NEWSWIRE) -- ExxonMobil and FuelCell Energy, Inc. said today they have signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. EXXON.jpg The agreement, worth up to $60 million, will focus efforts on optimizing the core technology, overall process integration and large-scale deployment of carbon capture solutions. ExxonMobil is exploring options to conduct a pilot test of next-generation fuel cell carbon capture solution at one of its operating sites. “ExxonMobil is working to advance carbon capture technologies while reducing costs and enhancing scalability,” said Vijay Swarup, vice president of research and development for ExxonMobil Research and Engineering Company. “This expanded agreement with FuelCell Energy will enable further progress on this unique carbon capture solution that has the potential to achieve meaningful reductions of carbon dioxide emissions from industrial operations.” FuelCell Energy’s proprietary technology uses carbonate fuel cells to efficiently capture and concentrate carbon dioxide streams from large industrial sources. Combustion exhaust is directed to the fuel cell, which produces power while capturing and concentrating carbon dioxide for permanent storage. The modular design enables the technology to be deployed at a wide range of locations, which could lead to a more cost-efficient path for large-scale deployment of carbon capture and sequestration. “Today’s announcement underscores our leadership position in fuel cell technology,” said Jason Few, president and chief executive officer of FuelCell Energy. “We are excited to continue to work with ExxonMobil to tackle one of the biggest challenges that exists today. We have a great opportunity to scale and commercialize our unique carbon capture solution, one that captures about 90 percent of carbon dioxide from various exhaust streams, while generating additional power, unlike traditional carbon capture technologies which consume significant power." “FuelCell Energy has always been proud of our technology and our role in reshaping the environmental impact of industry and electrical generation. This is another giant step forward towards the large-scale deployment of this much needed technology.” ExxonMobil and FuelCell Energy began working together in 2016 with a focus on better understanding the fundamental science behind carbonate fuel cells and how to increase efficiency in separating and concentrating carbon dioxide from the exhaust of natural gas-fueled power generation. The new and expanded agreement will prioritize the optimization of the core carbon capture technology for integration into large-scale industrial facilities such as refineries and chemical plants. ExxonMobil engineers and scientists have researched, developed and applied technologies that could play a role in the widespread deployment of carbon capture and storage for more than 30 years. The company has a working interest in approximately one-fifth of the world’s total carbon capture capacity, and has captured about 7 million tonnes per year of carbon dioxide. ExxonMobil has captured more carbon dioxide than any other company.

FUELCELL ENERGY’s transformational wor...

EREVITA Team, 17.3.2020 18:03:07

FUELCELL ENERGY’s transformational work with EXXON MOBIL to deliver a massively large scale carboncapture solution was recently highlighted at the EXXON MOBIL Investor Day. They are progressing the design toward a pilot project at the Rotterdam refinery in the Netherlands.

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