When people talk about a ‘new’ technology, they usually mean one that was invented in this century. Or the last one. Fuel cells, however, were first conceived in 1839 by Welsh scientist Sir William Robert Grove. At the time they did not produce nearly enough electricity to be considered useful, and, in the 179 years since, the technology has continually struggled to reach mainstream acceptance. However, a growing mass of research is pointing to fuel cells and other hydrogen-based energy technologies as an important contributor to the ongoing push towards decarbonisation and pollution reduction.
Ceres Power (LON:CWR) is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres Power unique patented SteelCell® technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use. Ceres Power offers its partners the opportunity to develop power systems and products using its unique technology and know-how, combined with the opportunity to supply the SteelCell® in volume through manufacturing partners.