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FUEL CELLS
New Jersey Resources Corporation's (NJR) strategy is to build relationships with best-in-class product manufacturers to actively participate in this important new industry segment known as distributed generation.
NJR's residential program features an exclusive distribution agreement covering the entire state of New Jersey with GE MicroGen, a subsidiary of the General Electric Company, for Plug Power's residential fuel cell. NJR plans to install residential test units in New Jersey later this year, and will have commercial units available in 2001.
The GE/Plug Power "House on Wheels" was on display at NJR's annual shareowners meeting on January 26, 2000. The bus contained a fully functional residential fuel cell, which is a prototype of the unit NJR will distribute. The Plug Power fuel cell is an on-site appliance that uses natural gas to produce all the electricity for a home or small business.
New Jersey Resources Corporation (NYSE: NJR) provides energy services to more than 400,000 customers in New Jersey and to customers in states from the Gulf Coast to New England. Its principal subsidiary is New Jersey Natural Gas Company (NJNG).
For more information about fuel cells, read Natural Gas Technology Update: Fuel Cells
More information can be found about NJR at www.njresources.com.
For more information about NJR's fuel cell program:
MICROTURBINES:
New Jersey Resources Corporation's (NJR) strategy is to build relationships with best-in-class product manufacturers to actively participate in this important new industry segment known as distributed generation.
NJR's small commercial program will use Capstone's MicroTurbine� to provide on-site power and back-up power solutions for its commercial customers. NJR will also offer a commercial-sized version of the GE MicroGen/Plug Power fuel cell.
NJR also owns a small equity interest in Capstone Turbine Corp., manufacturer of Capstone MicroTurbines. Microturbines are electric generators designed to provide commercial customers with reliable, cost effective, on-site power using natural gas.
NJR has been operating a Capstone MicroTurbine at its headquarters building here since July 1999. The unit has logged over 4,500 hours, making it the longest continuous running commercial microturbine on the East Coast.
More information can be found about NJR at www.njresources.com.
For more information about NJR's small commercial program:
The American Gas Cooling Center, a leading cooling industry organization, promotes new gas air conditioning, dehumidification, and refrigeration technologies for integrated systems to conserve energy resources, improve indoor air quality, and reduce greenhouse emissions. The integrated systems approach is a combination of cooling and heating technology systems that benefits energy providers and consumers, and drives innovative designs.
The natural gas cooling technologies - absorption, engine, and desiccant dehumidification - all play a pivotal role in integrated system design. These innovative and state-of-the-art technologies are offered by major manufacturers with support of the natural gas industry, the Department of Energy, and other HVAC industry players.
For more information on gas cooling, integrated systems, or the AGCC, please visit www.agcc.org.
AGCC
400 N. Capitol Street, NW
Washington, DC 20001
202/824-7141
fax 202/824-7093
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