FuelCell Energy in Danbury Announces Deal with UK Power Company

DANBURY, CT — Alternative energy provider FuelCell Energy has entered into an agreement with the UK's largest single-site renewable power generator.

The Danbury-based FuelCell will be supporting Drax Power Station with a Front End Engineering and Design study evaluating the use of the company’s propriety carbonate fuel cells to capture carbon dioxide emissions from Drax’s biomass boilers.

Drax Power Station has a capacity of over 3,900 megawatts of renewable power generation, primarily from sustainable wood pellets sourced from managed forests.

FuelCell Energy's carbonate fuel cell power plants concentrate CO2 from gas streams as a side reaction during power generation. The FEED study will focus on a system that captures up to 85 tons of CO2 per day while generating additional power for the station.

"We believe fuel cell technology could help us to meet the rise in global demand for electricity, whilst capturing the carbon dioxide produced during its generation. Our FEED study will help us to understand the technical and economic feasibility of fuel cells, with a view to scaling the technology up, whilst showing that clusters of businesses working together to deliver climate change solutions, can also deliver benefits for their businesses." said Will Gardiner, Drax Group CEO, in a statement.

FuelCell Energy (FCEL) was trading down 1.59 percent at $0.17 a share on Monday afternoon.