After months of
preparation, Blue World Technologies is proud to announce the successful
testing of the world’s first 200 kW high-temperature PEM fuel cell module. The
test was completed at the newly established test facilities in connection to
the Blue Aalborg Factory, where the fuel cells for the system are produced. The
initial testing has been completed with great results which has exceeded
performance expectations.
With an electrical
efficiency of up to 55% when reaching a commercial stage, the fuel cell system
will typically provide a fuel saving of 20-30% which enables a cost-efficient
use of green fuels. Additionally, the fuel cell system allows for up to 100%
carbon capture for both utilisation in green fuel production and for storage.
“This is a major breakthrough within maritime
decarbonisation and with the test of our 200-kW system, we are proving that the
HT PEM fuel cell technology has the potential of being one of the key
technologies to decarbonise the hard-to-abate sectors. During the test period,
we successfully validated our system setup with the methanol fuel processor,
the series connection of the fuel cell stacks, as well as the balance of plant
components surrounding the fuel cells”, Dennis Naldal
Jensen, Chief Technology Officer at Blue World Technologies explains.
1 MW system for
Maersk
The first pilot
system is a 1 MW system for onboard power production. The system will be
installed on one of A.P. Moller - Maersk’s large dual fuel-enabled methanol
vessels and the installation on board is expected during H1 2026.
“Having worked with fuel cell technology for more than
20 years, it is amazing for us to reach this stage of the technology
development, where we with these large systems can provide a strong alternative
to an industry that is heavily dependent on fossil-based technologies”, says Anders
Korsgaard, Co-founder and Chief Executive Officer at Blue World Technologies
and continues: “Maersk is the global frontrunner when it comes to
maritime decarbonisation, and we are very pleased with the collaboration on the
first 1 MW pilot and we are very much
looking forward to getting the system out sailing”.
The order for the
pilot system was followed by a venture investment by Maersk Growth – the
venture arm of A.P. Moller - Maersk – where they at the end of 2023
participated in an 11 million EUR pre-C-round alongside The Export and
Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing
shareholders. With the great potential of the HT PEM fuel cell technology, they
are following the development and test of the system closely:
As an investor in Blue World Technologies, we are
pleased to follow the progress of the system development and we share the
team’s excitement for the successful testing of the 200-kW fuel cell system.
The maritime industry needs multiple new technologies and pathways to reach its
net-zero targets, and high-temperature PEM fuel cell technology is very
promising in finding a balance between the high electrical efficiency, size,
and load adjustment. This is a great example of how we can support innovation
through both investment and partnership", explains Alex
Smout, Investment Director at Maersk Growth.
Blue World will
initially supply systems for auxiliary power and expects that their maritime
system will reach a commercial level in 2027. Eventually, the company will
proceed to supply multi-megawatt propulsion systems for global shipping, which
is where the fuel cell technology will provide the greatest impact on both the
environment and climate.