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Ceres Power announces successful SteelCellT trial
Ceres Power announces successful SteelCellT trial.
About this update from Ceres Power Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 6362R Ceres Power Holdings plc 25 September 2017 \n \n\n \nSUCCESSFUL STEELCELL™ TRIALS SHOW REDUCED ENERGY COSTS AND LOWER EMISSIONS FOR UK HOMES \n \n· Successful trials show Ceres' SteelCell™ is a reliable technology that will enable households to reduce their energy costs by £400 and carbon emissions by up to 2 tonnes per year.\n· Home units also generated enough surplus power to meet a typical Electric Vehicle's charging requirements.\n· The ability to generate power at home or at work can alleviate future demands on the power system. \n \n25th September 2017: Ceres Power Holdings plc (AIM: CWR, or \"Ceres\"), a world-leading developer of low cost, next generation Fuel Cells, has completed a successful year long field trial using SteelCell™ enabled home power systems as part of an EU-wide field trial of Fuel Cell technology, led by ene.field. The trials show Ceres' technology offers a reliable, deliverable potential answer to the looming gap between energy demand and supply. \n \nResidential prototypes of the technology which generates power and heat, were successfully trialled in five family homes for a year in London and the South East. As a technology that enables end-users to generate their own power and heat reliably, on site at home or at work from the existing natural gas grid, Fuel Cells are a compelling power generation option. Ceres Power's SteelCell™ is also fuel-flexible, running on natural gas today, but is also hydrogen-ready if the gas grid is converted. \n \nThe trials illustrated that UK consumers could expect savings of around £400 per year on their energy bills by taking advantage of the ability of the SteelCell™ to provide the majority of their power and all of their hot water. In a typical UK family home, the prototype units provide around 80% of the average household's electricity needs whilst saving up to 2 tonnes of CO2 per household, with near zero harmful NOx and SOx emissions, the equivalent of taking a diesel car off the road for a year.\n \nThe data also demonstrated that end-users can generate most of the power needed for their home, and also export enough surplus power to charge a typical Electric Vehicle (EV). Additional annual savings of over £1000 w...