Type | Public |
---|---|
Industry | Alternative Energy |
Founded | 2001 |
Headquarters | Horsham, England, UK |
Key people | Warren Finegold, Chair Phil Caldwell, CEO |
Revenue | £22.1 million (2022) [1] |
£(51.5) million (2022) [1] | |
£(45.1) million (2022) [1] | |
Number of employees | 536 (2022) [1] |
Website | www |
Ceres Power Holdings plc is a UK developer of solid oxide fuel cell technology [2] for use in distributed power systems aimed at decarbonising cities, factories, data centres and electric vehicle charging. [3] Founded in 2001, it is headquartered at Horsham in the UK. It is listed on the London Stock Exchange. It is also classified by the LSE Green Economy Mark, [4] which recognises listed companies that derive more than 50% of their activity from the green economy. [5]
In 2001, Ceres Power spun-out from Imperial College London [6] after more than 10 years of fundamental research led by Professor Brian Steele. [7]
In November 2004, Ceres was first listed on the London Stock Exchange. [8]
In September 2013, Phil Caldwell became the CEO of Ceres Power [9] following investment from IP Group. [10]
The Ceres patented Steel Cell is a Solid oxide fuel cell (SOFC) that can operate on mains natural gas for distributed power generation. [11]
The steel cell operates at 500-600 °C which allows the use of cerium gadolinium oxide (CGO) in the anode and electrolyte and the bulk of the fuel cell to be mostly made from ferritic steel. [12]
The technology is reversible. In one direction it can generate electricity from multiple fuels; in the other, it can generate green hydrogen at low cost and high efficiencies. [13]
The UK Hydrogen Strategy cites UK companies including ITM Power, Johnson Matthey and Ceres as being at the forefront of hydrogen technology development worldwide. [14]
Ceres is an Executive Member of the UK Hydrogen and Fuel Cell Association UK Hydrogen and Fuel Cell Association [15] and a founding member of the Long Duration Energy Storage Council. [16]
Ceres operates a licensing business model and partners with global industry partners to develop clean energy systems and products. Partners included Bosch, [17] Weichai, [18] Doosan, [19] Miura [20] and Shell. [21]
In July 2023, Ceres Power was awarded the 2023 MacRobert Award by the Royal Academy of Engineering. [22] This is the UK's most prestigious engineering prize. [23]
In its award citation, the academy recognised Ceres for its "ground-breaking fuel cell technology that promises to make a major contribution to decarbonising the world at the scale and pace required to save the planet." [13]
In 2021 Ceres was awarded the Queen’s Award for Enterprise 2021 in the category of International Trade. [24]
An electrochemical cell is a device that generates electrical energy from chemical reactions. Electrical energy can also be applied to these cells to cause chemical reactions to occur. Electrochemical cells which generate an electric current are called voltaic or galvanic cells and those that generate chemical reactions, via electrolysis for example, are called electrolytic cells.
A fuel cell is an electrochemical cell that converts the chemical energy of a fuel and an oxidizing agent into electricity through a pair of redox reactions. Fuel cells are different from most batteries in requiring a continuous source of fuel and oxygen to sustain the chemical reaction, whereas in a battery the chemical energy usually comes from substances that are already present in the battery. Fuel cells can produce electricity continuously for as long as fuel and oxygen are supplied.
Ballard Power Systems Inc. is a developer and manufacturer of proton exchange membrane (PEM) fuel cell products for markets such as heavy-duty motive, portable power, material handling as well as engineering services. Ballard has designed and shipped over 400 MW of fuel cell products to date.
The hydrogen economy is an umbrella term that draws together the roles hydrogen can play alongside renewable electricity to decarbonize specific economic sectors, sub-sectors and activities which may be technically difficult to decarbonize through other means, or where cheaper and more energy-efficient clean solutions are not available. In this context, hydrogen economy encompasses hydrogen’s production through to end-uses in ways that substantively contribute to avoiding the use of fossil fuels and mitigating greenhouse gas emissions.
A fuel cell vehicle (FCV) or fuel cell electric vehicle (FCEV) is an electric vehicle that uses a fuel cell, sometimes in combination with a small battery or supercapacitor, to power its onboard electric motor. Fuel cells in vehicles generate electricity generally using oxygen from the air and compressed hydrogen. Most fuel cell vehicles are classified as zero-emissions vehicles that emit only water and heat. As compared with internal combustion vehicles, hydrogen vehicles centralize pollutants at the site of the hydrogen production, where hydrogen is typically derived from reformed natural gas. Transporting and storing hydrogen may also create pollutants. Fuel cells have been used in various kinds of vehicles including forklifts, especially in indoor applications where their clean emissions are important to air quality, and in space applications. Fuel cells are being developed and tested in trucks, buses, boats, ships, motorcycles and bicycles, among other kinds of vehicles.
The MacRobert Award is regarded as the leading prize recognising UK innovation in engineering by corporations. The winning team receives a gold medal and a cash sum of £50,000.
Hydrogen production is the family of industrial methods for generating hydrogen gas. There are four main sources for the commercial production of hydrogen: natural gas, oil, coal, and electrolysis of water; which account for 48%, 30%, 18% and 4% of the world's hydrogen production respectively. Fossil fuels are the dominant source of industrial hydrogen. As of 2020, the majority of hydrogen (~95%) is produced by steam reforming of natural gas and other light hydrocarbons, partial oxidation of heavier hydrocarbons, and coal gasification. Other methods of hydrogen production include biomass gasification and methane pyrolysis. Methane pyrolysis and water electrolysis can use any source of electricity including renewable energy.
A hydrogen-powered aircraft is an aeroplane that uses hydrogen fuel as a power source. Hydrogen can either be burned in a jet engine or another kind of internal combustion engine, or can be used to power a fuel cell to generate electricity to power an electric propulsor. It cannot be stored in a traditional wet wing, and hydrogen tanks have to be housed in the fuselage or be supported by the wing.
The production of renewable energy in Scotland is a topic that came to the fore in technical, economic, and political terms during the opening years of the 21st century. The natural resource base for renewable energy is high by European, and even global standards, with the most important potential sources being wind, wave, and tide. Renewables generate almost all of Scotland's electricity, mostly from the country's wind power.
A hydrogen ship is a hydrogen fueled ship, using an electric motor that gets its electricity from a fuel cell, or hydrogen fuel in an internal combustion engine.
The Bloom Energy Server or Bloom Box is a solid oxide fuel cell (SOFC) power generator made by Bloom Energy, of Sunnyvale, California, that takes a variety of input fuels, including liquid or gaseous hydrocarbons produced from biological sources, to produce electricity at or near the site where it will be used. It withstands temperatures of up to 1,800 °F (980 °C). According to the company, a single cell generates 25 watts.
AFC Energy PLC is a developer of hydrogen fuel cell technologies which focus on the displacement of diesel generators in stationary and maritime applications. The technology utilises hydrogen fuel for zero emission electricity generation. The company is based in Cranleigh, Surrey, United Kingdom. It is listed on the London Stock Exchange.
ClearEdge Power, Inc. was a fuel cell manufacturer focusing on the stationary fuel cell. It was headquartered in South Windsor, Connecticut, U.S. The company employed 225 people as of August 2011. It closed its operations in Connecticut in April 2014, and filed for Chapter 11 bankruptcy protection in May 2014. The company's assets were purchased out of bankruptcy by Doosan Fuel Cell America, Inc.
ITM Power plc is an energy storage and clean fuel company founded in the UK in 2001. It designs, manufactures, and integrates electrolysers based on proton exchange membrane (PEM) technology to produce green hydrogen using renewable electricity and tap water. Hydrogen produced via electrolysis is used for mobility, Power-to-X, and industry.
Power-to-gas is a technology that uses electric power to produce a gaseous fuel. When using surplus power from wind generation, the concept is sometimes called windgas.
Intelligent Energy is a fuel cell engineering business focused on the development, manufacture and commercialisation of its proton-exchange membrane fuel cell technologies for a range of markets including automotive, stationary power, materials handling equipment and UAVs. Headqartered in the UK with representation in the US, Japan, South Korea, and China.
FuelCell Energy, Inc. is a publicly traded fuel cell company, headquartered in Danbury, Connecticut. It designs, manufactures, operates and services Direct Fuel Cell power plants.
The World Hydrogen Council is a global CEO-led initiative of 132 leading energy, transport, industry and investment companies with a united and long-term vision to develop the hydrogen economy. The key ambitions of the Hydrogen Council are to 1) accelerate significant investment in the development and commercialization of the hydrogen and fuel cell sectors and 2) encourage key stakeholders to increase their backing of hydrogen as part of the future energy mix.
Green hydrogen (GH2 or GH2) is hydrogen produced by the electrolysis of water, using renewable electricity. Production of green hydrogen causes significantly lower greenhouse gas emissions than production of grey hydrogen, which is derived from fossil fuels without carbon capture.