| LATHAM,
N.Y. -- Plug Power Inc. (NasdaqGM:PLUG), a leader in providing clean,
reliable energy solutions, and National Grid, an international natural
gas and electric utility, today announced a partnership with the U.S. Department
of Energy (DOE) to conduct the first field trial of Plug Power's new micro-CHP
(combined heat and power) GenSys(r) fuel cell system. Fueled by natural
gas, the 5 kilowatt GenSys will provide electricity and high-quality heat
to a National Grid customer in New York State.
As part of the competitively selected
project, Plug Power will design, build, install and test the high-temperature
GenSys unit. National Grid will facilitate site selection and installation
and analyze the performance of the system, collecting critical data. Collaboratively,
Plug Power and National Grid will determine system refinements for incorporation
into the next-generation system design.
``This is a pivotal point in time
for Plug Power, as we watch GenSys, the future of residential and light
commercial CHP appliances, enter its first field trial under real-world
working conditions,'' said Andy Marsh, president and CEO of Plug Power.
``Plug Power has dedicated a decade to the development of its residential
system. Our partnership with National Grid will help expedite commercialization,
making 20%-40% reduction in home energy costs and 35% reduction in home
carbon emissions obtainable for consumers.''
Plug Power's current CHP fuel cell
unit is the result of many years of development activity that began with
trials at the Long Island Power Authority (LIPA). Research, development
and testing done at LIPA provided valuable data from which Plug Power developed
appropriate technology for light commercial and residential applications.
For example, the high-temperature proton exchange membrane supplied by
BASF Fuel Cell GmbH allows for higher CO tolerance which simplifies fuel
processing. This results in improved reliability and lower costs.
``National Grid is looking forward
to working with Plug Power. We believe this technology has the potential
to provide great benefits for our customers, the environment and the emergent
green economy in New York,'' said Stan Blazewicz, vice president, Head
of Global Technology at National Grid.
Plug Power's high-temperature GenSys
fuel cell unit will be on display today and tomorrow, November 19-20, at
the Advanced Energy Conference at the Hyatt Regency Windwatch in Hauppauge,
New York. |