Fuelcell Energy, Inc. · NASDAQ:FCEL

Fuelcell Energy — Technical Presentation (July 2024)

21 slides from Fuelcell Energy's technical presentation, Jul 31, 2024

  1. Slide 1: How fuel cells can transform wastewater treatment plants into renewable energy producers

    How fuel cells can transform wastewater treatment plants into renewable energy producers © 2024 FuelCell Energy

  2. Slide 2: FuelCell Energy: a global leader in fuel cell technology

    FuelCell Energy: a global leader in fuel cell technology OPERATING SINCE 1969 GLOBAL CUSTOMERS FuelCell Energy is a global leader in decarbonizing power and producing hydrogen through our proprietary fuel cell technology 37% FuelCell Energy is working to: Danbury, CT, USA • Produce low- to zero-carb

  3. Slide 3: Two leading technologies providing energy solutions

    Two leading technologies providing energy solutions TWO ADVANCED HIGH-TEMPERATURE ELECTROCHEMICAL PLATFORMS ADDRESSING MULTIPLE APPLICATIONS Application Carbonate Solid oxide Power Gen using natural gas, biogas, or H2 blends ✔ ✔ & CHP using pure hydrogen fuel ✔ Carbon from platform ✔ ✔ Capture from

  4. Slide 4: Carbonate power generation platforms

    Carbonate power generation platforms 1.4 MW net power 47% electrical efficiency up to 90% total efficiency 2.8 MW net power 47% electrical efficiency 14 MW (Derby, CT) up to 90% total efficiency Tri-generation 2.35 MW net power 15 MW (Bridgeport, CT) 1,270 kg/day hydrogen 1,400 gal/day water 400-cel

  5. Slide 5: Carbonate power generation applications

    Carbonate power generation applications Grid Support with CHP Grid Support / Urban Redevelopment o 20 MW site built in 2018 o 15 MW on 1.5 acres o Power sold to grid o Power sold to grid o Heat sold to district heating o Enhanced resiliency o 6 month construction time o Brownfield revitalization o E

  6. Slide 6: Effective emissions reductions

    Effective emissions reductions Capacity Avoided Emissions, Tons/y Factor, % Emissions, lb/MWh per MW NOX PM CO2 NOX PM10 CO2 Average US Grid 0.96 0.0495 1405 Carbonate Fuel Cell with biogas fuel 90% 0.01 0.00002 0 3.7 0.20 5,540 Carbonate Fuel Cell w CO2 Recovery 90% 0.01 0.00002 189 3.7 0.20 4,795

  7. Slide 7: Fuel cell applications at treatment plants

    Fuel cell applications at treatment plants Deploying fuel cells at water treatment facilities provides significant benefit to water treatment plant operations: • On site production of clean power and heat • In many cases, lower cost electricity than available from utility • Utilization of on-site bi

  8. Slide 8: Biogas in. Renewable energy out

    Biogas in. Renewable energy out • Runs directly off digester gas at high efficiency to produce renewable electricity and useful heat. • Our proprietary treatment system removes siloxanes and sulfur compounds to maximize useable biogas. • The gas does not need to be cleaned up to pipeline standards,

  9. Slide 9: Digester gas vs natural gas

    Digester gas vs natural gas Natural Gas Digester Gas • 90 – 100 % Methane, balance • 50% - 80% Methane (60% typically higher hydrocarbons typical), balance typically CO2 • 900 – 1000 Btu/ft3 • 500 – 800 Btu/ft3, 550 Btu/ft3 typical • Dry • High humidity • Very Low Oxygen, except peak shave gas • Fra

  10. Slide 10: Decades of experience with digester gas as fuel

    Decades of experience with digester gas as fuel • FuelCell Energy’s first commercial powerplant sale was for a biogas application, at a Kirin Beer brewery in Japan • This was followed by multiple applications at breweries, food waste processors, and municipal water treatment plants • An advanced fea

  11. Slide 11: FuelCell Energy biogas application advantages

    FuelCell Energy biogas application advantages High level of CO2 tolerance: Our carbonate fuel cells can operate at full power with fuel CO2 content up to 40% and with only minor degradation up to 50%. Dual-fuel capability: Our carbonate fuel cells can operate on blends of on-site biogas and natural

  12. Slide 12: Expertise developed over two decades of biogas projects

    Expertise developed over two decades of biogas projects City of Riverside (1.4 MW) San Bernardino (1.4 MW) Tulare (2.8 MW) The SureSource 1500™ fuel cell plant cleans The SureSource 1500™ fuel cell plant supports The SureSource 3000™ fuel cell system is and consumes renewable biogas from the the Cit

  13. Slide 13: California Air Resources Board (CARB) certified for operation on biogas at low emissions

    California Air Resources Board (CARB) certified for operation on biogas at low emissions • Our carbonate fuel cells are certified under CARB standards, expediting the permitting process in certain clean air districts. • Outside the state of California, the CARB 2007 certification can independently v

  14. Slide 14: Carbonate fuel cell power generation platforms

    Carbonate fuel cell power generation platforms FuelCell Energy’s carbonate platform has demonstrated our ability to provide low-carbon, dispatchable power for a variety of applications worldwide. After 20+ years of operations, the carbonate fuel cell platform continues to evolve to meet tomorrow’s e

  15. Slide 15: Solid Oxide fuel cell power generation platform

    Solid Oxide fuel cell power generation platform Natural Gas Low-carbon Biogas Power Hydrogen Benefits Natural Gas Fuel Biogas Fuel (60% Methane) ▪ Scalable from 250 kW to multi-MW Net Power Output 250 kW installations Part Power Capability 10% – 100% ▪ Low levelized cost of electricity (LCOE) Dynami

  16. Slide 16: Example of digester fuel cell application

    Example of digester fuel cell application Digester gas: • 18,750 scfh • 10.2 MMBtu/h, 3MW LHV 45 MGD digester 1.4MW carbonate fuel cell Fuel cell output: • 1.4 MW power at 47% LHV efficiency • 1.4 MMBtu/h heat to support digester • ~2MMBtu/h additional heat available for other applications Digester

  17. Slide 17: Carbonate CO2 recovery and capture applications

    Carbonate CO2 recovery and capture applications Carbon Recovery Carbon Capture Purification and capture of CO2 Purification and capture of CO2 from fuel cell power generation from external flue gas Capturing fuel cell CO2 for supply to on site use or distribution to local off-takers for a variety of

  18. Slide 18: Powering Toyota's Port of Long Beach operations

    Powering Toyota’s Port of Long Beach operations By utilizing only renewable hydrogen and electricity production, this operation blazes a trail for our company. Working with FuelCell Energy, together we now have a world-class facility that will help Toyota achieve its carbon reduction efforts, and th

  19. Slide 19: Tri-gen: How it works

    Tri-gen: How it works • Hydrogen production from methane reforming using fuel cell heat and water during power co-production • Compared to conventional steam methane reforming (SMR): • No fuel combustion for process heat • No water consumption • Avoided combustion emissions, lower CO2 • The system p

  20. Slide 20: Tri-gen on-site biogas application

    Tri-gen on-site biogas application • Operation with on-site biogas may be best value proposition • Low-cost renewable fuel • Minimal fuel upgrading required since carbonate can operate on dilute biogas • Co-production of power, heat, and water supports water treatment facility operation • FCE has ex

  21. Slide 21: Questions?

    Questions? Contact information: Tony Leo EVP and Chief Technology Officer FuelCell Energy tleo@fce.com https://www.fuelcellenergy.com/contact-us https://www.fuelcellenergy.com/solutions/waste/wastewater-treatment-plants © 2024 FuelCell Energy 21

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