CFU 0.00% 0.4¢ ceramic fuel cells limited

Geez Mimmo you really should do your own research. BlueGen is...

  1. 336 Posts.
    Geez Mimmo you really should do your own research. BlueGen is the first fuel cell product to receive MCS certification and be eligible for the UK feed in
    tariff

    Thanks to Augustus'ssss post last month:

    BlueGen? 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? 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 financial incentive 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.?
    Ends
 
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