09 July 2007 09:06
E.ON UK and Ceramic Fuel Cells to collaborate on development of new greener microgeneration in the home

Ceramic Fuel Cells Limited (CFCL), a global leader in fuel cell development, and E.ON UK, the company that runs Powergen, have signed an agreement to develop and deploy a prototype fuel cell combined heat and power unit in the UK.

The companies will work together to develop a fully-integrated micro CHP unit, incorporating CFCL's fuel cell, that can be fitted into homes.

The highly efficient new units would be able to power a wide range of UK homes and would also help to reduce carbon emissions in the UK.

Bob Taylor, Managing Director of Energy Wholesale and Technology at E.ON UK, said: "Whether we're building one of the world's largest offshore wind farms right here in the UK or helping our customers fit microgeneration measures, our aim is to change the way that we generate and distribute energy. These new units are yet another example of that work.

"We're keen to get the units out into homes to see exactly what they can do. While we're still at a trial stage, we believe that CFCL's technology is the most advanced offer in the market, and that these fuel cells could make a real difference to our customers' carbon footprint."

E.ON is contributing to the product development costs and retains a first option to purchase future CFCL micro CHP units for the British market. The agreement with CFCL complements E.ON's existing activities in the field of micro CHP.

Brendan Dow, Managing Director of CFCL, said: "As climate change emerges as one of the greatest challenges for modern society, we believe that CFCL is well placed to deliver energy-saving initiatives to reduce carbon emissions in the home.

"With this agreement we are now very close to achieving our partnering objectives in Europe. We look forward to working with E.ON UK to bring our energy-saving technology to homes and small businesses throughout the UK."

CFCL is planning to announce its appliance partner responsible for manufacturing the units in due course.

During the collaboration, CFCL will supply a NetGen+ unit for operation with a supplementary boiler and a specially designed thermal store to produce an ‘Alpha' prototype which will subsequently be deployed in a field trial.  The current project schedule is for the NetGen+ unit to be delivered by December 2007 and the Alpha unit to be developed in Q2 2008.

The partners have agreed to discuss further co-operation in the subsequent development and deployment of ‘Beta' CHP units (comprising CFCL's fuel cell module fully integrated with a condensing boiler) as well as commercial targets for fuel cell m-CHP units for the UK residential market.

Ends

Ceramic Fuel Cells will host a conference call for analysts this morning at 08.30 British Summer Time. Please contact Hogarth PR on +44 (0) 20 7357 9477 for details.

Notes to editors:

Ceramic Fuel Cells Limited is a leader in developing solid oxide fuel cell (SOFC) technology which can provide reliable, energy efficient, high-quality, and low-emission electricity from widely available natural gas and renewable fuels.  CFCL is developing SOFC products for small-scale on-site micro combined heat and power (m-CHP) and distributed generation units that co-generate electricity and heat for domestic use.  CFCL is listed on the London Stock Exchange AIM market and the Australian Stock Exchange (code CFU).

E.ON UK is the UK's largest integrated power and gas company - generating and distributing electricity, and retailing electricity and gas for around 8.5 million electricity and gas customer accounts.  E.ON UK is part of the E.ON group, the world's largest investor-owned power and gas company. E.ON UK employs around 16,000 people in the UK.

For further information please contact:

 

Ceramic Fuel Cells
Brendan Bilton Andrew Neilson	Tel: +44 (0) 7798 554 191 Tel: +61 419 950 771 Email: investor@cfcl.com.au
Hogarth Partnership (PR to Ceramic Fuel Cells) Nick Denton / Sarah MacLeod / Sarah Richardson	Tel: +44 (0) 20 7357 9477
Libertas Capital (Nominated Adviser to CFCL) Aamir Quraishi, Andrew Hardy	Tel: +44 (0) 20 7569 9650
E.ON UK
Jonathan Smith	02476 183 676 jonathan.smith@eon-uk.com