FCEL FuelCell Energy Inc.

FuelCell Energy Electrolyzer to be used in UK Hydrogen and Nuclear Study

FuelCell Energy Electrolyzer to be used in UK Hydrogen and Nuclear Study

Project seeks to decarbonize asphalt production

DANBURY, Conn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has been contracted by EDF Energy for a project exploring the viability of using hydrogen to decarbonize asphalt production.

The Bay Hydrogen Hub consortium, which is made up of , , the , and , proposes combining the use of 1-Megawatt Solid Oxide Electrolyzer Cell (SOEC) with nuclear generated heat and electricity to produce hydrogen in bulk at a lower cost than other hydrogen electrolysis technologies.

FuelCell Energy President and CEO Jason Few commented, “ is ideal for producing hydrogen from nuclear power sources. The already high efficiency of solid oxide electrolysis systems can be raised even higher using waste heat from the nuclear power plant, lowering the cost per kilogram of the hydrogen produced.”

FuelCell Energy Vice President of Business Development Andrea Miserocchi added, “We are proud to showcase how FuelCell Energy’s technology is notably different from other low-temperature electrolysis systems (e.g., alkaline and PEM) that produce around 20% to 35% less hydrogen for the same power input. To put this in perspective, if electricity costs 10 cents/kWh, that efficiency difference results in approximately $1 (0.82£) to $1.50 (1.23£) lower hydrogen cost with FuelCell Energy’s SOEC platform.”

FuelCell Energy’s electrolyzer will be analyzed for use at the Nuclear Power Plant in Heysham (Northwest England) as part of the Bay Hydrogen Hub project, which endeavors to decarbonize the asphalt industry by distributing that hydrogen via high volume tankers to dispersed sites.

The UK’s Department for Energy Security and Net Zero has announced £6.1m ($7.4m) for the Bay Hydrogen Hub scheme, a figure that will be matched by the project partners. The funding is from the UK government’s £1 billion ($1.2b) Net Zero Innovation Portfolio (NZIP), which provides funding for low-carbon technologies and systems.

Over the coming months, the project partners will develop the site design for integrating FCE’s electrolyzer system into the overall hydrogen generation and compression station, and scope and estimate the work required at Heysham to move the project forward. Once this work concludes, a decision on the future of the project will be made. 

About FuelCell Energy

(NASDAQ: FCEL): FuelCell Energy is a global leader in sustainable clean energy technologies that address some of the world’s most critical challenges around energy, safety, and global urbanization. It collectively holds more than 450 fuel cell technology patents in the United States and globally. As a leading global manufacturer of proprietary fuel cell technology platforms, FuelCell Energy is uniquely positioned to serve customers worldwide with sustainable products and solutions for businesses, utilities, governments, and municipalities. The Company’s solutions are designed to enable a world empowered by clean energy, enhancing the quality of life for people around the globe.

Contacts:

FuelCell Energy



203.205.2491

Kathleen Blomquist



203.546.5844



EN
18/10/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FuelCell Energy Inc.

 PRESS RELEASE

FuelCell Energy Announces First Quarter 2026 Results Conference Call o...

FuelCell Energy Announces First Quarter 2026 Results Conference Call on March 9, 2026 at 10:00 A.M. Eastern Time DANBURY, Conn., Feb. 24, 2026 (GLOBE NEWSWIRE) -- , Inc. (Nasdaq: FCEL) -- announced the upcoming release of its first quarter 2026 results prior to the Stock Market Open on Monday, March 9, 2026. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time the same day to discuss the results and provide a business update. Participants can access the live call via webcast on the Company website or by telephone as follo...

 PRESS RELEASE

FuelCell Energy Releases 2025 Annual and Sustainability Reports

FuelCell Energy Releases 2025 Annual and Sustainability Reports DANBURY, Conn., Feb. 19, 2026 (GLOBE NEWSWIRE) -- (Nasdaq: FCEL) today released its 2025 Annual Report and 2025 Sustainability Report. Together, the reports detail the company’s financial and operational performance for fiscal year 2025 and its continued progress toward its long-term focus on distributed generation, disciplined growth, manufacturing scale, and profitability while advancing sustainability through innovation and clean energy technologies. The 2025 Annual Report Highlights Backlog increased to $1.19 billion ...

 PRESS RELEASE

Sustainable Development Capital LLP and FuelCell Energy Forge Strategi...

Sustainable Development Capital LLP and FuelCell Energy Forge Strategic Data Center Power Collaboration Accelerating distributed generation deployment with world-class project execution capability DANBURY, Conn., Jan. 20, 2026 (GLOBE NEWSWIRE) -- and (Nasdaq: FCEL) today announced a strategic collaboration to explore the deployment of up to 450 megawatts of advanced fuel-cell power systems to support data center growth and other mission critical distributed power needs globally. The collaboration reflects a shared view that AI is forcing a fundamental redesign of data-center power ar...

 PRESS RELEASE

FuelCell Energy Appoints Amanda J. Schreiber as General Counsel and Co...

FuelCell Energy Appoints Amanda J. Schreiber as General Counsel and Corporate Secretary DANBURY, Conn., Jan. 12, 2026 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced the appointment of Amanda J. Schreiber as General Counsel and Corporate Secretary. Schreiber brings more than 20 years of legal, commercial, and governance leadership experience across global power generation, infrastructure, and multinational industrial organizations. She joins FuelCell Energy following a distinguished tenure at ContourGlobal, where she served as executive vice president and general...

Fuelcell Energy Inc: 1 director

A director at Fuelcell Energy Inc sold 8,608 shares at 8.524USD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch