TIDMCFU
RNS Number : 8259C
Ceramic Fuel Cells Limited
08 May 2012
Tuesday 8 May 2012
Continued Progress in Germany
-- Subsidy for early BlueGen units in the State of Saarland
-- BlueGen Unit in German Virtual Power Plant project
-- BlueGen features at Hannover Fair
Ceramic Fuel Cells Limited (AIM / ASX: CFU) - a leading
developer of high efficiency and low emission electricity
generation products for homes and other buildings - is pleased to
announce that its BlueGen gas-to-electricity units continue to
generate strong interest in the German market.
Premier of the State of Saarland launches market introduction
program
In the beginning of May 2012, Ms Annegret Kramp-Karrenbauer, the
premier of the German State of Saarland, officially announced that
the State will subsidise the cost of early BlueGen units. Under the
"Climate Plus Saar" program, the State Government will pay 30
percent of the total cost of BlueGen units, including installation,
for up to ten BlueGen units installed in Saarland.
Ms Kramp-Karrenbauer made the announcement when putting the
State's first BlueGen unit into operation in the State capital of
Saarbrucken.
This subsidy from the Saarland State Government is in addition
to the subsidy from the German Federal Government, of 1,800 Euros
per unit, and the existing feed in tariff regime, under which
BlueGen customers get paid for excess electricity generated by
BlueGen and exported to the local electricity grid.
The BlueGen product uses ceramic fuel cells to turn natural gas
into electricity and heat for hot water, for homes, schools,
offices and small commercial buildings. Surplus electricity can be
sold back to the grid or used in supplementary applications such as
charging electric cars. BlueGen units have the highest electrical
efficiency of any small scale generating technology in the world,
reducing energy bills and cutting carbon emissions.
Ceramic Fuel Cells and its German distribution partner sanevo
are continuing to deliver and install sanevo's first order of 100
BlueGen units, as well as building the sales pipeline for future
orders.
BlueGen Unit in German Virtual Power Plant
Ceramic Fuel Cells Limited is pleased to announce that one of
its BlueGen gas-to-electricity units is operating as part of a
Virtual Power Plant project in Germany. The BlueGen unit is
operating in the Harz region, south of Hannover as part of the
"RegModHarz" project, to develop and operate a Virtual Power Plant
combining renewable energy and controllable distributed generation
(creating electricity at the point of use).
A Virtual Power Plant is a cluster of distributed electricity
generation units, controlled and operated by a central entity using
integrated software systems. A Virtual Power Plant allows power
generation to be modulated up or down to meet peak loads and
balance intermittent power from wind or solar, with higher
efficiency and more flexibility than large centralised power
stations.
As the share of renewable electricity increases, one of the
challenges for power grid operators is to match intermittent
electricity supply with the local demand for power. In the Harz
region of Germany about one-third of electricity used is produced
from renewable sources. Controllable distributed generation, like
BlueGen, can help balance this renewable generation. Each BlueGen
unit is controlled over the internet and the power output can be
turned up or down remotely, to help balance supply and demand of
electricity. The RegModHarz project is funded by the German Federal
Ministry for the Environment, Nature Conservation and Reactor
Safety.
BlueGen featured at Germany's largest energy fair
BlueGen's involvement in the RegModHarz project was recently
announced at the Hannover Fair, one of Germany's largest and most
important energy industry events.
This year more than 190,000 visitors attended the fair, the
highest number since 2008. The fair featured about 5,000 exhibitors
from 69 countries.
Ceramic Fuel Cells exhibited the BlueGen product as part of the
German Fuel Cell Initiative ("Initiative Brennstoffzelle", or IBZ).
The IBZ is a consortium of leading German energy companies, fuel
cell manufacturers, the German Energy Agency and the National
Organisation for Hydrogen and Fuel Cell Technology (NOW).
The compact BlueGen unit generated much interest among
prospective customers and sales and development partners as well as
State and Federal policy makers and media.
Pictures from the Hannover Fair are available at
www.cfcl.com.au/CFCL_Events.
ENDS
More information:
-- RegModHarz project www.regmodharz.de/ (in German)
-- IBZ www.initiative-brennstoffzelle.de/ (in German)
-- Hannover Fair www.hannovermesse.de/home (German and
English)
-- BlueGen www.bluegen.info (German and English)
-- Sanevo Blue Energy www.sanevo.de/bluegen/ (in German)
For more information please contact:
Ceramic Fuel Cells Limited
Andrew Neilson Mobile : +61 (0) 419 950 771
Email : investor@cfcl.com.au
Nomura Code Securities (AIM Nomad)
Chris Golden Tel. : +44 (0) 207 776 1200
Australian media enquiries
Richard Allen Tel. : +61 (0) 3 9915 6341
Oxygen Financial Public Email : richard@oxygenpr.com.au
Relations
UK media enquiries
Mark Way Tel. : +44 (0) 7786 116 991
MW Research PR Email : mark.w@harvardamerica.com
German media enquiries
Alex Seiler Tel. : +49 (0) 69 9218 7454
Hering Schuppener Consulting Email : aseiler@heringschuppener.com
About Ceramic Fuel Cells Limited:
Ceramic Fuel Cells 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
has sold its BlueGen gas-to-electricity generator to major
utilities and other foundation customers in Germany, the United
Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia, and
the USA. Ceramic Fuel Cells is also 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.
The company is listed on the London Stock Exchange AIM market
and the Australian Securities Exchange (code CFU).
www.cfcl.com.au
This information is provided by RNS
The company news service from the London Stock Exchange
END
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