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's
challenge in the field of energy technology and climate protection.
Improvements in run-of-river hydro plant efficiency created by superconductors
provide the potential to produce additional renewable clean energy free of CO2
emissions. `
-Ends-
Further information
Andrew 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
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