Editing FuelCell Energy, Inc.
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== Company Overview == | == Company Overview == | ||
== FuelCell Energy, Inc. (FCE | == FuelCell Energy, Inc. (FCE, together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed base-load power generation. It offers SureSource1500, a 1.4-megawatt (MW) platform; SureSource 3000, a 2.8 MW platform; SureSource 4000, a 3.7 MW platform; SureSource 250, a 250-kilowatt (kW) platform; SureSource 400, a 400-kW platform; and SureSource Hydrogen, a 2.3 MW platform that is designed to produce up to 1,200 kilograms of hydrogen per day for multi-megawatt utility, microgrid, and distributed hydrogen applications, as well as on-site heat and chilling applications. == | ||
It also provides a SureSource Capture system that separates and concentrates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; solid oxide fuel cell/solid oxide electrolysis cell stack technology. The company's SureSource power plants generate clean electricity, usable heat, water, and hydrogen. | It also provides a SureSource Capture system that separates and concentrates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; solid oxide fuel cell/solid oxide electrolysis cell stack technology. The company's SureSource power plants generate clean electricity, usable heat, water, and hydrogen. In addition, it provides engineering, procurement, and construction services; project financing services; real-time monitoring and remote operation, online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment/recycling services, as well as technical services in the areas of plant operation and performance, and fuel processing. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centres and communication, wastewater treatment, government, microgrids, food and beverage, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, Germany, and Switzerland. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut. | ||
In addition, it provides engineering, procurement, and construction services; project financing services; real-time monitoring and remote operation, online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment/recycling services, as well as technical services in the areas of plant operation and performance, and fuel processing. | |||
It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centres and communication, wastewater treatment, government, microgrids, food and beverage, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, Germany, and Switzerland. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut. | |||
== About == | == About == | ||
FuelCell Energy Inc. founded in 1969 and headquartered in Danbury, Connecticut is an American energy company specialising in the design, manufacturing, operation, and maintenance of fuel cell power plants. Its proprietary fuel cell technology utilises carbonate fuel cells that are fuelled by renewable biogas to generate clean electricity. The company offers a range of fuel cell products, including stationary fuel cell power plants for electricity generation, hydrogen-based energy storage systems, and fuel cell solutions for electric mobility applications. Their technology focuses on reducing carbon emissions and providing reliable, efficient, and clean energy solutions. Fuel cell technology is considered a clean and efficient alternative to traditional energy sources, making it an attractive investment option for those interested in the renewable energy sector. | |||
FuelCell Energy Inc. founded in 1969 and headquartered in Danbury, Connecticut is an American energy company specialising in the design, manufacturing, operation, and maintenance of fuel cell power plants. Its proprietary fuel cell technology utilises carbonate fuel cells that are fuelled by renewable biogas to generate clean electricity. | |||
The company offers a range of fuel cell products, including stationary fuel cell power plants for electricity generation, hydrogen-based energy storage systems, and fuel cell solutions for electric mobility applications. Their technology focuses on reducing carbon emissions and providing reliable, efficient, and clean energy solutions. Fuel cell technology is considered a clean and efficient alternative to traditional energy sources, making it an attractive investment option for those interested in the renewable energy sector. | |||
The company targets utility companies, industrial companies, universities, municipal water treatment facilities, government facilities and other commercial entities as customers. It currently has over 50 U.S. patents and has installed over 50 megawatts of fuel cell systems worldwide. | The company targets utility companies, industrial companies, universities, municipal water treatment facilities, government facilities and other commercial entities as customers. It currently has over 50 U.S. patents and has installed over 50 megawatts of fuel cell systems worldwide. | ||
== Industry Outlook == | == Industry Outlook == | ||
The vast majority of hydrogen produced today is from the steam | The vast majority of hydrogen produced today is from the steam methan process - 95% in Europe (demaco-cryogenics.com/blog/steam-methane-reforming-to-green-hydrogen/). This process, while energy efficient, also produces carbon monoxide and carbon dioxide which is bad for the environment and thus defeats the purpose of the exercise. | ||
In 2021 2.5% of final energy consumption came from hydrogen (www.iea.org/reports/global-hydrogen-review-2022/executive-summary). However, as the vast majority of hydrogen is abstracted using hydrocarbons, mostly natural gas, this figure is misleading. | In 2021 2.5% of final energy consumption came from hydrogen (www.iea.org/reports/global-hydrogen-review-2022/executive-summary). However, as the vast majority of hydrogen is abstracted using hydrocarbons, mostly natural gas, this figure is misleading. |