Energy Plug Technologies (CSE:PLUG)
Historical Stock Chart
From Jan 2020 to Jan 2025
New York State Department of Agriculture & Markets Commissioner
Applauds Fuel Cell Technology On Dairy Farms
Fuel Cell Provides 5kW of Electricity and Reduces Energy Costs at Local Dairy
ALBANY, N.Y., June 7 /PRNewswire-FirstCall/ -- State Agriculture Commissioner
today recognized the successful installation and benefits of fuel cell
technology on dairy farms in New York State. An on-site liquefied petroleum
gas (LPG) fueled fuel cell was provided by Plug Power Inc. for Wagner Farms, a
300-cow dairy farm in Eagle Mills, Rensselaer County.
(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/PLUGLOGO )
Fuel cells offer reliable, efficient energy generation by using hydrogen and
oxygen to produce electricity with little or no pollution or noise. LPG fuel
cells use a reforming unit to extract hydrogen from propane fuel before
transporting it into the electricity-producing fuel cell stack. The only
by-products of the fuel cell are heat, clean water and a small amount of carbon
dioxide.
"Fuel cells have transformed the way energy is generated, providing a cleaner
power source that will help New York and the nation gain greater energy
independence and security," the Commissioner said. "The progress made in fuel
cell technology is impressive and I thank Governor Pataki and Plug Power for
enabling our farmers to utilize this technology on their farms, which will aid
them in maintaining an energy efficient and environmentally friendly
operation."
The fuel cell on Wagner Farms has been operational since February 2004 and has
been used to heat the milking parlor during the winter months. The fuel cell
has operated for more than 2,000 hours, generating approximately 4,800kWh and
16.5 million BTUs.
"Plug Power has sited more than 400 fuel cell systems serving a variety of
applications over the past five years," said Dr. Roger Saillant, President and
Chief Executive Officer for Plug Power. "This installation at Wagner's Farm is
important to us since it represents a brand new application for our fuel cell
system and it allows us to gain additional insight operating a system in this
type of environment."
Capable of operating on multiple fuels, such as natural gas, propane and
hydrogen, fuel cell systems offer higher efficiency than conventional power
generation, little or no pollution, greater flexibility in installation and
operation, and are viable alternatives to existing power sources. In addition
to Wagner Farms, Plug Power has also installed a fuel cell at Stanton's Dairy
Farm in Coeymans Hollow, Albany County.
New York's 7,000 dairy farmers pay nearly $40 million annually for utility
costs or approximately $.33 for every hundred pounds of milk sold. While that
expense is less than three percent of their total operating costs, it is an
expense that technology, such as fuel cells and energy efficiencies, has helped
reduce. For example, in 1992 New York dairy farmers paid close to $44 million
in utilities.
To reduce New York's dependence on foreign energy sources, Governor Pataki
announced in his 2004 State of the State Address the ambitious goal of making
New York a world leader in clean energy technologies by utilizing wind and
solar power, as well as geothermal and fuel cells.
June is National Dairy Month and New York is the third leading dairy state in
the nation. With over 7,000 dairy farms, New York produces 12.2 billion pounds
of milk annually, generating $1.56 billion last year.
For more information on fuel cells and Plug Power Inc., visit
http://www.plugpower.com/.
http://www.newscom.com/cgi-bin/prnh/20021024/PLUGLOGO
http://photoarchive.ap.org/
DATASOURCE: Plug Power, Inc.
CONTACT: Jessica Chittenden, +1-518-457-3136, for Plug Power, Inc.
Web site: http://www.plugpower.com/