Fuel cell nearly ready to sell

18/05/2018 Posted by admin

SYDNEY – Ceramic Fuel Cells Ltd plans to begin sales of fuel cell electricity generators to households in nine months’ time, in the culmination of 17 years of research. Shares in Ceramic Fuel jumped 34 per cent to close at a six-month high 19c on Friday after the company launched its BlueGen modular generator, a dishwasher-sized unit that converts natural gas to electricity and heat via ceramic fuel cells. “It will revolutionise the way energy is delivered to people’s households because we’ll have little power stations inside people’s homes,” chief executive Brendan Dow said. Mr Dow said each unit would cost about $8000.
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