Thursday, 25 August 2011

BlueGen(R) receives MCS accreditation and is eligible for UK Feed in Tariff

RNS Number : 0005N

Ceramic Fuel Cells Limited

25 August 2011

BlueGen(R) receives MCS accreditation and is eligible for UK Feed in Tariff

Thursday 25 August 2011

Ceramic Fuel Cells Limited (ASX / AIM: CFU) a leading developer of high efficiency and low emission electricity generation units for homes and other buildings, is pleased to announce that its BlueGen(R) Microgeneration Heat and Power (mCHP) product has received final Microgeneration Certification Scheme (MCS) product and factory accreditation, enabling BlueGen customers to benefit from the UK government's feed in tariff financialincentive scheme.

BlueGen is the first fuel cell product to receive MCS certification and be eligible for the UK feed in tariff.

BlueGen customers will now be able to use their BlueGen to export electricity into the National Grid and earn revenue during the process. The feed in tariffs are 10.5 pence per kilowatt hour of electricity generated, plus an additional 3.1 pence per kilowatt hour of electricity exported to the grid.

BlueGen uses ceramic fuel cells to turn natural gas into electricity and heat for hot water, with each unit capable of producing more than three times the electricity needed to power the average UK home. Surplus electricity can be sold back to the grid. BlueGen also provides heat for domestic hot water use. BlueGen units generate electricity at up to double the efficiency of the current UK power grid, reducing energy bills as well as making significant carbon savings.

The MCS certifies microgeneration technologies used to produce electricity and heat from renewable and low emission sources. All microgeneration products must be accredited under MCS in order to be eligible for the UK feed in tariffs. The MCS accreditation process involves an extensive and rigorous third party review of all the procedures involved in manufacturing, installing and maintaining a microgeneration product. MCS accreditation recognises the quality of the highly efficient BlueGen units and gives consumers a financial incentive to migrate to efficient energy production.

Brendan Dow, Managing Director of Ceramic Fuel Cells said,

"Feed in tariffs play an important part in the UK's clean energy policy and becoming eligible for the feed in tariffs is a significant step forward for sales of our BlueGen product in the UK market."

No comments:

Post a Comment