FuelCell Energy launches new carbon saving calculator | News

DANBURY, Conn. , August 4, 2022 (GLOBE NEWSWIRE) – FuelCell Energy (Nasdaq: FCEL) – a leading global manufacturer of stationary fuel cell power platforms to decarbonize energy, and produce hydrogen to empower the world powered by clean energy – today announced a new carbon savings calculator for businesses that is looking to gain deeper insight into how the carbon dioxide (CO2) emissions generated by its operations across the 1 and 2 emissions scales can be recycled and used in their businesses. This approach provides an alternative to purchasing CO2, often from much higher polluting sources such as ethanol facilities, as many companies do today, and can help avoid the business risks of rapidly rising CO2 prices and scarcity of supply.

Carbon dioxide, the most commercially produced greenhouse gas, plays an important role in our everyday products and supply chains that often go unnoticed to ordinary consumers. Gas is used in a variety of processes including refrigeration, dry ice for pharmaceuticals, pH balancing of drinking water, food security (extending the shelf life of food), soft drinks, water purification and more.

As society looks to reduce emissions, companies are setting more stringent net zero goals. FuelCell Energy presents a compelling opportunity for manufacturers, food processors, hospitals and a wide range of commercial and industrial customers to recycle carbon dioxide. Once captured and concentrated by fuel cells on a manufacturing site, carbon dioxide has many potential uses. Examples of common use cases for carbon dioxide are beverage grade carbon dioxide, meat processing, enabling food transportation and extending the shelf life of food. It can also be used to make dry ice, be used in water treatment processes, or help produce cement and plastics.

“In the food and beverage industry, there is an enormous and ever-increasing demand for carbon dioxide-grade beverages, however, today’s traditional carbon dioxide suppliers will continue to face challenges for the foreseeable future to meet this demand,” said Bob Yeoman, Executive Vice President. From B&R Compliance Associates. “Working with FuelCell Energy to recycle CO2 for food and beverage applications can provide tremendous benefits such as cost savings, independence from traditional sources, and availability.”

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“As a company dedicated to spreading global clean energy, we are pleased to offer this unique tool for companies to gain insight into how they can recycle carbon dioxide, reduce emissions and save money at the same time,” said Mark Wessel, Fuel Cell Energy Commercial Director.

About FuelCell Energy, Inc.

FuelCell Energy, Inc. (NASDAQ: FCEL): FuelCell Energy is a global leader in sustainable clean energy technologies that addresses some of the world’s most critical challenges around energy, safety, and global urbanization. As a leading global manufacturer of proprietary fuel cell technology platforms, FuelCell Energy is uniquely positioned to serve customers around the world with sustainable products and solutions for businesses, utilities, governments and municipalities. Our solutions are designed to enable a world led by clean energy, improving the quality of life for people around the world.

Contact:

FuelCell Energy, Inc.

[email protected]

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