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Fuel Cell News

September 1, 2005

Ceres Power will announce a deal today with the gases group BOC

Source: Ceres Power

BOC, the global industrial gases giant, is moving another step
forward with Ceres Power on fuel cell technology that generates electricity from a
range of cylinder gases.
Following an initial programme started last September and now successfully
completed, BOC and Ceres have entered into a second agreement to carry out precommercial
testing and development work.
Ceres Chief Executive Peter Bance said: “This important follow-up contract
underscores how Ceres is progressing rapidly towards a commercial product with its
world-beating fuel cell. We have moved beyond research and development and have
established strong links with global partners who have excellent channels into a
range of market sectors.”
The original trials run for BOC assessed how fuels like LPG and propane could be
used to produce electricity when it passes across the surface of the Ceres fuel cell.
The fuel cell could be used to provide silent, reliable power and useable heat for a
range of off-grid applications from construction sites to telecoms base stations. The
two companies will move beyond the initial fuel processing trials already completed,
to explore specific market applications in preparation for the launch of a commercial
product.
BOC Global Director Sustainable Energy, John Carolin added: “This second-phase
contract with Ceres follows on from our original technical feasibility trials which were
successfully completed and showed real promise. The potential markets we have
identified represent significant growth opportunities for our business around the
world.”
AIM-quoted Ceres, based in Crawley near Gatwick, is also working with British Gas
to develop its fuel cell for use in people’s homes. It will run off natural gas to produce
both heat and electricity, cutting domestic energy bills and reducing greenhouse gas
emissions.
For further information contact:
Peter Bance, Chief Executive, Ceres Power Ltd: +44 (0) 1293 400 404
Allan Piper: First City Financial Public Relations: +44 (0) 20 7436 7486
+44 (0) 7736 064 982
Greg McNeill, Public Relations Manager, BOC: +44 (0) 1483 244 515
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