07:00 Wed 12 Feb 2020
AFC Energy Plc - Hybrid Hydrogen Generator System showcased
RNS Reach - This is a Non-Regulatory Announcement
("
Highlights
· The off-grid global diesel generation market, with annual revenues in excess of
· The Hybrid Distributed Power System on display today, consisting of
· Through adoption of a zero emission
· Deploying this hybrid system de-risks any contractors' perceived risk in fully endorsing new hydrogen-based technologies as a complete short-term displacement of fossil fuel combustion gensets.
· The containerised and modular fuel cell and FLEX-ESS solution make for a readily transportable and mobile power source, not dissimilar to diesel gensets.
Two key challenges consistently posed from industry, hire companies and contractors with regards to the transition to clean off-grid power technologies, whether temporary or permanent, reflect (1) the already large investments made into the remote and distributed diesel power market which still have a useful life in them, pushing decarbonisation back until diesel generators are fully written off, and (2) the perceived risk a new, albeit clean, generation technology might have to the longstanding reliability of conventional fossil fueled power systems.
Furthermore, onsite diesel generators are often oversized in temporary power applications leading to poor utilisation, efficiency and consequentially, increased emissions. This is usually done to ensure sufficient capacity to meet all demand, even though demand most of the time is very much below that maximum level. Typically, this may mean the generator set deployed has a rated output of over 3 times the mean demand of a given site.
By using
Cumulatively, based on typical industry usage data, use of the Hybrid Distributed Power System on display today can, depending on generator, fuel cell and battery sizing, lead to a reduction in greenhouse emissions of 50% or more based on typical industry usage data (versus diesel combustion in a conventional genset alone).
The hybrid solution on display today will not only protect legacy investments by operators of distributed power systems, who are keen to materially reduce their carbon emissions immediately, but also provide a model for transition over time away from diesel to a cleaner distributed power solution such as that provided by
Power consumed or stored within MSP Technologies' FLEX-ESS battery system will then be able to balance variable power needs with the role of incumbent diesel generation reverting more towards supporting peak periods of demand and addressing contractor perceived risk around the operability of new technologies in the off-grid power market.
The Hybrid Distributed Power System will enable Government's, Local Councils and industry to now consider the opportunity to mandate the need for suppliers of temporary or off-grid power generation to consider the path to "net zero" as part of its own internal and external procurement processes with a viable alternative to conventional greenhouse emitting technologies now available.
For further information, please contact:
|
+44 (0) 14 8327 6726 |
|
|
|
|
M C Peat & Co LLP - Joint Broker |
+44 (0) 20 7104 2334 |
|
|
|
+44 (0) 7900 205 460
|
About
About MSP Technologies
MSP Technologies is an energy storage and hybridised power conversion specialist. Its expertise lies in integrating high quality components to offer condensed, low maintenance, versatile and intelligent solutions to a wide range of sectors and applications. MSP's products adapt to suit multiple power inputs, outputs and configurations in grid independent or grid supportive solutions to customers with variable or multiple power sources and load types. The company's FLEX-ESS is MSP's latest storage solution, combining the strongest properties that we have achieved to date. Designed for agility, factory-built-and-tested FLEX-ESS can be rapidly deployed and connected to multiple power inputs through its DC-coupled port. Totally enclosed in durable GRP and with closed system water cooling, the FLEX-ESS is ultra-low maintenance vastly reducing lifetime operating costs.
This information is provided by RNS, the news service of the
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE