Product Demonstration

RNS Number : 5303T

Ceres Power Holdings plc

29 September 2010

 



Ceres Power Holdings plc

Wall-mounted Natural Gas CHP Product Demonstration

Ceres Power Holdings plc ("Ceres", "Ceres Power" or "the Group")

Ceres Power Holdings plc today successfully demonstrated its integrated, wall-mounted Combined Heat and Power ('CHP') product at its fuel cell mass manufacturing facility in Horsham.

The CHP product was demonstrated operating in representative home-like environments including a kitchen and the company's installer training area. The CHP product used standard boiler connections for gas, water and electricity and was connected to a standard hot water tank and radiator central heating system. 

Operating on mains natural gas, the product ran autonomously generating power on demand, exporting and importing electricity to and from the grid as needed and delivered representative domestic hot water and space heating needs, responding to calls for heat from a standard room thermostat. The CHP product also demonstrated its unique capability for rapid electricity load-following in response to changing electrical loads being switched on and off including lights and various standard domestic appliances.

Peter Bance, Chief Executive Officer, Ceres Power, commented: "Ceres Power demonstrated the unique differentiation of its CHP product; a single wall-mounted unit that can directly replace a conventional boiler and rapidly follow the electrical load. Being able to generate electricity on demand is a valuable differentiator enabled by our unique technology.  Low-carbon despatchable power is what the energy world needs.  We are now focusing operationally on installing our CHP products in consumers' homes as part of the commercial field trials in conjunction with British Gas."

For further information contact:

Ceres Power Holdings plc	Tel. [phone]
Peter Bance, Chief Executive Officer
Rex Vevers, Finance Director
Morgan Stanley & Co International Limited	Tel. [phone]
Peter Moorhouse/Alastair Walmsley Jefferies International Limited  Chris Snoxall/Oliver Griffiths	Tel. [phone]
Kreab Gavin Anderson & Company	Tel. [phone]
Ken Cronin/Deborah Walter

www.cerespower.com

 

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