Ceres Power Holdings - New hydrogen-ready system
Ceres announces hydrogen ready fuel cell system at the
· Essential technology to support the transition to zero carbon heat and power
· Addresses growing customer interest in hydrogen technologies and distributed power
· Up to 40% cost saving, against existing Ceres system running today on natural gas
The new system has been developed as part of Ceres' continuing product roadmap and with significant interest from customers seeking greater innovation to tackle climate change and air pollution. Ceres' first CHP prototype hydrogen system demonstrates its commitment to maintaining a leading technology position and its role in supporting the customer journey to a clean energy future.
"There is no greater challenge than achieving zero carbon emissions, and to meet it we have to find innovative solutions to decarbonise heat, power and transportation systems. Ceres' new hydrogen CHP technology runs on both green hydrogen and more widely available low purity hydrogen from industrial sources2, offering an immediate solution to tackling climate change and air pollution."
In initial testing, the hydrogen CHP system has achieved greater than 50% electrical efficiency, with an overall efficiency of 90% achievable in combined heat and power mode. Ceres' hydrogen CHP is simpler than its existing fuel-flexible system, delivering an equivalent performance with fewer components, a reduced size and up to a 40% cost reduction.
The technology provides a distributed power system that can be deployed in homes and businesses with zero emissions and efficiencies greater than conventional centralised power. Industry projections expect the cost of hydrogen fuel cells could be as low as
Globally, interest is growing in the potential of hydrogen as a low-carbon option for power and heat generation, with countries such as
Ceres has already successfully developed and licensed its fuel-flexible power systems to world-leading original equipment manufacturers including Bosch in
For further information visit www.cerespower.com or contact:
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Tel: +44 (0)1403 273 463
Investec Bank plc (Nominated Adviser and Broker)
Tel: +44 (0) 20 7597 4000
Berenberg (Joint Broker)
Tel: +44 (0) 20 3207 7800
Tel: +44 (0) 207 250 1446
Ceres is a world-leading developer of low cost, next generation solid oxide fuel cell (SOFC) technology. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such as
1 The 2019
2 Hydrogen can be generated through renewable or industrial processes, resulting in green and grey hydrogen respectively. The most widely available hydrogen fuel cells today use proton exchange membrane (PEM) technology that requires very high purity of hydrogen only available through renewable sources or further cleaning of grey hydrogen. Ceres' technology works on hydrogen with high levels of impurity, offering an immediate solution to utilise more abundant sources of less pure hydrogen.
3 Bruce, S. et al. (2018), National Hydrogen Roadmap, CSIRO,
This information is provided by RNS, the news service of the
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