6 October 2015 2015 01:07 AM GMT

FuelCell Energy Locks in US Government Funding for Four Projects

FuelCell Energy Inc. has secured funding from the U.S. Department of Energy for a carbon capture plant and three projects related to the commercialization of solid oxide fuel cell technology.

The four projects add approximately US$24 million to backlog in the fourth quarter of 2015, which excludes cost share obligations “One of our competitive advantages is robust research and development, which, in the case of carbon capture, utilizes our commercial fuel cell plant in an alternate configuration to pursue a potentially sizeable market,” said Chip Bottone, Chief Executive Officer, FuelCell Energy. “Advancing our solid oxide fuel cell commercialization is also exciting as we evaluate host sites and adapt the technology for storage applications.”

The carbon capture plant is a 2.3-megawatt fuel cell power plant configured for carbon capture adjacent to an operating coal-fired plant to capture a portion of the carbon emissions and destroy a portion of smog-causing nitrogen oxide, while also producing ultra-clean electricity. The fuel cell-based system installed will be the first of an expected two phase project at the selected site. The second phase, to follow this DOE project, would be to install eleven additional fuel cell power plants for a total project of 27.6MW to capture approximately 700 tons/day of CO2 in total, while simultaneously generating about 648,000 kilowatt-hours/day of ultra-clean power.

FuelCell Energy will also install and operate a 400 kilowatt solid oxide fuel cell system located at a host site and connected to the electric grid. The third project advances SOFC commercialization by implementing continuous flow manufacturing with consistent high quality and within market-competitive cost parameters.

In the fourth project, the SOFC stack will be adapted for hydrogen production using electrolysis through a solid oxide electrolyzer cell at very high efficiency and within established cost parameters.

July 29th 2019
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

July 28th 2019
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to the report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

July 27th 2019
Arsenal Unveil Battery Storage System: First Of Its Kind At A UK Football Club

Arsenal Football Club has unveiled a battery storage system (BSS) to store enough energy to run the 60,000 seater Emirates Stadium from kick-off to full time. It follows a unique collaboration with Pivot Power to install a 2MW/2.5MWh lithium ion BSS, with funds managed by Downing LLP. The project, the first of its kind in the UK, will also save club money as it works to support low-carbon plans. The BSS allows Arsenal to avoid peak power prices, buying electricity when it is cheap and storing it for use when prices are high. Typically, energy can cost three times more at peak times than overnight. The installation maintains Arsenal as the leader in sustainability in sport following its commitment to clean energy with Octopus Energy in 2016.

November 16th 2018
India: Improved Monsoon Winds Help Power Producers in 2018 

After a prolonged period of decline, wind speeds in India during the 2018 monsoon season were significantly higher than normal; and up to 20% higher than long-term averages in some regions. These higher wind speeds benefit wind farm production; welcome news for wind energy operators and investors, who have faced several years of lower-than-normal wind energy production during the monsoon period. These increased wind speeds can thus counter recent patterns of decline contributing to an increase in investor confidence with a data-driven approach.

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