Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCALL.L Regulatory News (CALL)

  • There is currently no data for CALL

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

RWE Hydro Power Contract

9 Feb 2009 07:00

Embargoed Release: 07:00hrs Monday 9 February 2009

Zenergy Power plc (`Zenergy' or the `Group') RWE Hydro Power Contract

Zenergy Power plc (AIM:ZEN.L), the specialist manufacturer and developer of high efficiency industrial and renewable energy devices employing superconductor technologies, is pleased to announce that it has been commissioned by RWE Power AG (`RWE') to draft a study evaluating the potential increase in electrical output that could be achieved from RWE's existing run-of-river hydro plants by the use of superconductor variable speed generators.

By using superconductors, RWE intends to increase the efficiency and output of its run-of-river hydro plants, and at the end of January 2009 commissioned the Group's wholly owned subsidiary, Zenergy Power GmbH, to draft a study to provide a detailed evaluation on the potential of its superconductive technology to do this. Accordingly, Zenergy will now receive data from RWE originated from a selected representative run-of-river hydro plant location situated on the river Mosel in Germany. Using this data, the Group will report to RWE on how modernising its run-of-river hydro plants with hydro generators based on superconductor components could increase efficiency and overall output. The assessment will also take into account water flow-rates, turbine efficiencies and turbine conditions.

The results of the study will then be used as the basis for estimating how superconducting variable speed generators could contribute to increases in efficiency and output of a further eight similar hydro sites operated by RWE along the river Mosel. The results of which are expected by the second half of this year. In total, RWE operates ten run-of-river hydro plants on the river Mosel which combine to generate over 800 GWh of electrical power every year. Once received and evaluated, the data from the Group's study will be used by RWE to compile an economic evaluation of the business case for replacing conventional generators in run-of-river hydro plants with generators based on superconductor components.

Below is an extract from a statement made today by RWE concerning its investigation into the use of superconductor technologies:

`Superconductors are one of the key technologies for meeting the 21st Century'schallenge in the field of energy technology and climate protection.Improvements in run-of-river hydro plant efficiency created by superconductorsprovide the potential to produce additional renewable clean energy free of CO2emissions. ` -Ends- Further informationAndrew Tan Zenergy Power plc + 49 2226 9060 668 Vikki Krause Hansard Group + 44 207 245 1100 Andrew Godber/Katherine Roe Panmure Gordon & Co + 44 207 459 5742 About Zenergy Power plc

Zenergy Power plc is a global specialist manufacturer and developer of high efficiency industrial and renewable energy devices that employ superconductor technologies. Comprising three operating subsidiaries located in Germany, USA and Australia, Zenergy is highly focussed on the commercialisation of a number of energy efficient applications to be adopted in energy intensive industrial processes, power distribution and renewable power generation. Zenergy achieved the world's first sale of an industrial scale HTS induction heater which is now in operation.

About RWE AG

RWE AG is the largest power provider in Germany and number two in the UK through its npower brand. RWE operates run-of-river plants and storage power stations across Germany which every year produce more than 1.4 billion kWh of energy, which equates to the power requirement of roughly 400,000 households. RWE plans, builds and operates these plants to generate regenerative electricity and energy in Europe.

In total RWE has over 20 million electricity customers and in 2007 achieved revenues of €43 billion. RWE is currently running the biggest investment programme in its history, with an overall investment volume of over €32 billion by 2012, including over €1 billion per annum of investment dedicated to increasing its installed renewable energy capacity.

About superconductivity

Superconductive materials are capable of conducting electricity without any resistance and were first discovered in 1911 in what was to prove to be one of the most significant scientific breakthroughs of the 20th century.

Superconductors enable:

(a) Induction Heaters to be twice as efficient for the metals industry

(b) Fault Current Limiters to protect power grids from blackouts

(c) Direct-drive wind generators to be significantly reduced in size and weight allowing the operation of wind generators in excess of 8 MW

(d) Existing hydro-power sites to increase energy efficiency and electrical power output

vendor
Date   Source Headline
14th Oct 20207:00 amRNSTrading on the New York OTCQX® Best Market
7th Oct 20207:00 amRNSCorrection: Holding(s) in Company
6th Oct 20205:15 pmRNSHolding(s) in Company
6th Oct 20207:00 amRNSNotice of Capital Markets Day
5th Oct 20207:00 amRNSHolding(s) in Company
2nd Oct 20207:00 amRNSIntegration with Eclipse Software
23rd Sep 20207:00 amRNSInterim results for the six months to 30 June 2020
18th Sep 20208:00 amRNSHolding(s) in Company
11th Sep 20207:00 amRNSNotice of Results
10th Aug 202012:40 pmRNSBlock Listing Review
29th Jul 20207:00 amRNSIntegration with recruitment CRM TrackerRMS
22nd Jul 20207:00 amRNSInterim Trading Update
16th Jul 20207:00 amRNSCloudCall announces partnership with Informunity
13th Jul 20207:00 amRNSCloudCall announces new integration for Zoho
7th Jul 20207:00 amRNSPost Close Update and Investor Presentation
30th Jun 20206:00 pmRNSTotal Voting Rights
3rd Jun 20204:45 pmRNSDirector/PDMR Shareholding
1st Jun 20201:40 pmRNSResult of AGM
1st Jun 20207:00 amRNSAGM trading update and investor meeting
27th May 20201:30 pmRNSAnnual General Meeting and Covid-19 Trading Update
30th Apr 20205:50 pmRNSPosting of Annual Report and Notice of AGM
8th Apr 202012:15 pmRNSInvestor Communications
8th Apr 20207:00 amRNSFinal Results for the Year Ended 31 December 2019
24th Mar 20207:00 amRNSFY 19 results publication date and trading update
12th Mar 20207:00 amRNSAppointment of Chief Technology Officer
4th Mar 20207:00 amRNSCloudCall Launches in Australia
3rd Mar 20207:00 amRNSAppointment of Chief Revenue Officer
2nd Mar 20207:00 amRNSTotal Voting Rights
25th Feb 20204:35 pmRNSHolding(s) in Company
25th Feb 20208:15 amRNSHolding(s) in Company
24th Feb 20207:00 amRNSContract Win with Vaco
17th Feb 20207:00 amRNSCloudCall and Vincere partnership
12th Feb 20206:20 pmRNSBlock Listing Return
16th Jan 20207:00 amRNSTrading update for the year ended 31 December 2019
4th Dec 20197:00 amRNSCloudCall and TargetRecruit partnership
22nd Nov 20197:00 amRNSDirectorate Change
19th Nov 20193:10 pmRNSHolding(s) in Company
11th Nov 20197:00 amRNSCloudCall and Mercury xRM partnership
5th Nov 20195:45 pmRNSHolding(s) in Company
28th Oct 20195:15 pmRNSHolding(s) in Company
28th Oct 20197:00 amRNSHolding(s) in Company
24th Oct 20195:19 pmRNSHolding(s) in Company
21st Oct 20191:45 pmRNSResult of General Meeting and Open Offer
10th Oct 20197:00 amRNSHolding(s) in Company
4th Oct 20192:00 pmRNSHolding(s) in Company
2nd Oct 201912:00 pmRNSPosting of Circular and Notice of General Meeting
1st Oct 20194:00 pmRNSHolding(s) in Company
30th Sep 20195:30 pmRNSOpen Offer Information
30th Sep 20197:01 amRNSConditional Placing and Open Offer
30th Sep 20197:00 amRNSInterim Results Announcement

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.