(Alliance News) - Ceres Power Holdings PLC said on Wednesday it has successfully developed its first zero-emission combined heat and power system, designed exclusively for use with hydrogen fuel.
The fuel cell manufacturer said the new system has been developed as part of its continuing product roadmap and with significant interest from customers seeking to tackle climate change and air pollution.
Subhasish Mukerjee, director of Fuel Cell & Stack Development, said: "Cere's new hydrogen CHP technology runs on both green hydrogen and more widely available low-purity hydrogen from industrial sources, offering an immediate solution to tackling climate change and air pollution."
Ceres said in initial testing, the hydrogen combined heat and power system has achieved greater than 50% electrical efficiency, with an overall efficiency of 90% achievable in combined heat and power mode.
"Globally, interest is growing in the potential of hydrogen as a low-carbon option for power and heat generation, with countries such as Japan and South Korea setting explicit targets for power capacity based on hydrogen. Both are locations were Ceres has existing, strong customer partnerships," the company said.
Ceres Power shares were up 1.2% in London at 211.50 pence each on Wednesday.
By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com
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Ceres Power (CWR)