FuelCell energy, a global leader in fuel cell technology and hydrogen production, announced today that the Department of energy (DOE) awarded it with further $8 million in funding for the phase 2 of design and construction of its solid oxide fuel cell (SOFC) technology.
Firstly, the funding comes out of the ARPA-E project, with which the DOE pretends to fund the development of ultra-high efficiency SOFC systems for power generation. In fact, such systems could hit a 70% energy efficiency.
Secondly, the phase two of this development includes the design and construction of improved pressurized stack module designs; critical to supporting the configuration of very high-efficiency power generation systems. While also enhancing the efficiency of solid oxide-based electrolysis and energy storage systems.
Thirdly, FuelCell Energy is also making progress on a Modular Solid Oxide Electrolysis project; also funded by DOE. This technology would enhance the production of hydrogen with a much more efficient method.
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FuelCell Energy making progress in high-efficiency electrolysis
Moreover, Jason Few, CEO of FuelCell Energy, said. “We continue to make progress in advancing our solid oxide fuel cell platform toward commercialization; specially with the aid of key DOE programs in addition to our own capital investment.”
He also remarked. “With the addition of solid oxide technology, FuelCell Energy offers one of the most complete portfolios of stationary fuel cell platforms in the industry. We are committed to providing distributed power platforms that help modernize the electric grid; while providing a path for decarbonization.”
Furthermore, in regards to the Modular Solid Oxide Electrolysis project, Mr. Few said. “Our proprietary solid oxide technology is differentiated by its high efficiency in converting electricity into hydrogen; it does it through electrolysis and utilization of the same fuel cell stack to recall that hydrogen from its integrated long-duration hydrogen energy storage to produce zero-carbon hydrogen.”
Finally, he concluded. “FuelCell Energy’s platform has the ability to extend the life and usefulness of existing nuclear plants; and also firm-up the capacity of intermittent renewable technologies. Additionally, electrolysis technology supports the hydrogen economy by providing carbon-free; also, clean hydrogen for transportation, power generation; in addition to agricultural uses, and a host of other industrial applications such as making steel.”
