FuelCellsWorks

Ceramic Fuel Cells Limited (ASX/AIM: CFU) today officially launched a new modular generator product.

The new unit – called BlueGen – is a ‘mini power station’ for homes and other buildings.  It produces low emission electricity and hot water, reducing greenhouse gas emissions and saving on home energy bills.  About the size of a dishwasher, the BlueGen unit converts natural gas to electricity and heat via ceramic fuel cells.

The Company plans to make the BlueGen product available in Victoria from early 2010.  The Company is in discussions with potential local manufacturing partners.  The Company is also in discussions with potential purchasers of the BlueGen product in other markets including Europe and North America.

Compared to Victoria’s current brown coal electricity generators, each BlueGen unit can reduce carbon dioxide emissions by up to 75% – or 18 tonnes per unit, per year.

The BlueGen product is being officially launched today by the Premier of Victoria, John Brumby, at Ceramic Fuel Cells’ head office in Melbourne.  During the launch Managing Director Brendan Dow will demonstrate a working BlueGen unit, connected to a hot water unit producing electricity and hot water.

Ceramic Fuel Cells has signed a Memorandum of Understanding with VicUrban to showcase the BlueGen units in VicUrban housing developments.  Subject to agreeing final terms, Ceramic Fuel Cells will install the first BlueGen unit in VicUrban’s Sustainable and Affordable Living Centre in Dandenong to be opened towards the end of 2009, and will install up to three more demonstration units in other VicUrban developments next year.

VicUrban is the Victorian Government’s sustainable urban development agency.  VicUrban’s current portfolio of projects includes over 50,000 new homes over the next 20 years.  VicUrban is a leader in demonstrating sustainable technologies for homes, to encourage broader market awareness and commercial take up of innovative and energy saving products.

The Company’s modelling of the Victorian market shows that widespread deployment of the BlueGen product has significant potential benefits, including large carbon savings, lower energy bills and lower water usage

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