FuelCell Energy Inc., a manufacturer of electric power generation plants, announced Monday it has finalized terms with the U.S. Department of Energy for a $36.2 million Phase I award to develop a coal-based, multi-megawatt, solid oxide fuel cell-based (SOFC) hybrid system.
The award provides funding for the first stage of the 10-year, three-phased Fuel Cell Coal-Based Systems project, which is part of the DOE Office of Fossil Energy's Solid State Energy Conversion Alliance (SECA).
The total project funding for this and the other two planned phases is anticipated to be approximately $180 million.
In addition, the envisioned SOFC-hybrid system is expected to capture 90 percent or more of the system's carbon dioxide emissions for environmentally safe disposal while being cost-competitive with other base load power generating technologies.
FuelCell Energy may consider submitting the project to FutureGen Alliance Inc. for possible inclusion in the FutureGen Power Plant. FutureGen is a planned DOE research facility for advanced power systems that emit near-zero emissions.
FuelCell Energy was selected by the DOE as a prime contractor for this award in February of 2006 and is responsible for the overall systems development of the power plant.