Shell orders electrolyser demo from Ceres

UK fuel cell firm Ceres Power Holdings plc (LON:CWR) on Tuesday said it will provide a megawatt-scale solid oxide electrolyser (SOEC) demonstrator to oil giant Shell Plc (LON:SHEL).

The demonstrator will be delivered next year for installation at Shell's research and development technology centre in Bangalore, India. Under a testing programme for a period of at least three years, the green hydrogen generated there will be used in industrial processes at the Bangalore centre.

Ceres said it has channelled GBP 100 million (USD 123m/EUR 116m) to the development of its SOEC technology and is looking to achieve a levelised cost of hydrogen of USD 1.5 (EUR 1.42) per kg by 2025.

Shell executive vice president Technology Yuri Sebregts said that hydrogen features heavily in Shell's Powering Progress strategy and that Ceres’ SOEC technology has the potential to produce hydrogen at an optimum cost and efficiency profile.

(GBP 1 = USD 1.226/EUR 1.160)

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