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Technology Stocks : United Technologies (UTX)
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To: Patriarch who started this subject9/4/2001 12:30:52 PM
From: Copperfield   of 25
IFC's Sale Of PC25(TM) Power Plant To Woking, England, Gives United Kingdom Its First Fuel Cell

SOUTH WINDSOR, Conn., and WOKING, England, Sep 4, 2001 /PRNewswire via COMTEX/ -- International Fuel Cells, a unit of United Technologies Corp. (NYSE: UTX), today announced the sale of a fuel cell system that will power a recreational center in Woking, England and be the first commercial fuel cell operating in the United Kingdom.
Woking, a community of 93,000 people, is located 25 miles southwest of London. The 200-kilowatt PC25 system will be installed at Woking Park and will provide electricity and heat for the Pool in the Park recreational center as well as electricity to light the park. In the summer, the heat will be used to meet the recreational center's air conditioning, cooling and dehumidification requirements via heat-fired absorption cooling. The PC25 produces 900,000 Btus of heat.

"The installation in Woking is yet another milestone for IFC and the PC25 power plant," said IFC President William Miller. "PC25s now provide clean, efficient and reliable energy in 17 countries on six continents, further demonstrating its capabilities and IFC's leadership in the fuel cell industry."

The PC25 is part of a larger, combined heat and power system that will include a 1.35 megawatt reciprocating engine and solar photovoltaic cells, which will be provided by other vendors.

"Installing a fuel cell is a logical part of our ongoing efforts to promote and use sustainable energy sources," said Allan Jones MBE, Energy Services Manager. "We are proud to be the first site in the United Kingdom to employ fuel cell technology in everyday use."

Jones said that Woking Borough Council is the only local authority in the U.K. to supply electricity directly to customers on private wire networks, which enable the council to make better use of green technologies such as fuel cells by maximizing the true value of green electricity rather than selling the electricity to the grid at a far lower price.

Jones said that this innovative feature also enables the council to continue to supply electricity as well as heat and cooling in island generation mode at full load in the event of a failure of the national grid, thus providing further security of supply to customers.

Jones said this is only possible on private wire networks and this project will be the first example of a fuel cell operating as part of such a system.

The council intends to make the fuel cell visible to the public and to provide information for visitors on how the power plant operates. The fuel cell system is scheduled to begin operating by year-end.

The council this year became the first local authority ever to win Britain's most coveted commercial award, the Queen's Award for Enterprise, in recognition of its groundbreaking approach to local sustainable community energy systems and the practical steps it is taking locally to tackle global warming.

A fuel cell is an electrochemical device that combines hydrogen, or hydrogen-rich fuel, and oxygen to produce electricity, heat and water. Fuel cells operate without combustion, making them almost pollution-free. While a traditional generating system produces as much as 25 pounds of pollutants to generate 1,000 kilowatt-hours of electricity, the PC25 power plant produces less than an ounce. IFC has manufactured the PC25 power plant since 1991 and has delivered more than 220 units.

International Fuel Cells is the world leader in fuel cell production and development for commercial, transportation, residential and space applications. IFC is the sole supplier of fuel cells for U.S. manned space missions and the only company currently producing a commercially available fuel cell power plant
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