Fuel Oil News

Fuel Oil News July 2014

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www.fueloilnews.com | FUEL OIL NEWS | JULY 2014 15 diesel imports reached 210 million gallons in 2013, eight times more than in 2012. Just over 77% of total U.S. renewable diesel imports came from Singapore and entered the United States on the West Coast (PADD 5), likely for California LCFS compliance. TargraY achIEvES BQ-9000 MarkETEr cErTIFIcaTION Targray, a leader in North American biodiesel supply, has announced that it has achieved BQ-9000 Marketer Certification through the National Biodiesel Accreditation Commission. The accreditation represents a combination of the ASTM standard for biodiesel, ASTM D6751, and a quality systems program that includes storage, sampling, testing, blending, shipping, distribution and fuel management practices. "We're always actively seeking to be a steward for responsi- bility within the biodiesel industry," said Andrew Richardson, president of Targray. "Being able to achieve this quality stan- dard is something we are proud of and we're certain that it will project a message of responsibility to our clients. Targray biodiesel clients can be sure that the fuel they are buying is of the highest quality, has been thoroughly tested and that our organization is being regularly audited to assure quality throughout each link of our supply chain. At Targray we take quality and compliance seriously." Targray's BQ-9000 Marketer Certification applies to its entire inventory and will span every gallon of biodiesel sold by the company. Targray markets to both United States and Canadian fuel industries. Targray is a global trading and distribution company, serving the high-tech manufacturing and energy markets for 25 years. FUELcELL ENErgY aNNOUNcES cOMBINEd hEaT aNd POWEr FUEL cELL SOLUTION FOr UNIvErSITY OF caLIFOrNIa, IrvINE MEdIcaL cENTEr FuelCell Energy, Inc., a global leader in the design, manufac- ture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, announced the development of a proj- ect to install a 1.4 megawatt fuel cell power plant to provide both electricity and usable high quality heat to the University of California, Irvine Medical Center. The power plant will generate about 30 percent of the facility power needs, while the heat produced will be used in a direct exhaust absorption chiller to produce 200 tons of cooling for an office building and associated institutional requirements. FuelCell Energy will install, operate and maintain the plant. "The University of California is a national leader in sustain- ability and effective actions to reduce greenhouse gases as we work towards carbon neutrality by the year 2025," said Morris Frieling, chief financial officer, UC Irvine Medical Center. "This fuel cell installation fits perfectly with our ambitious goals of adopting alternative energy sources, embracing energy efficiency and supporting California's carbon Cap and Trade Program, all while enhancing our power reliability with on-site power generation." "Stationary fuel cell power plants are a solution whose time has come for addressing the myriad of power generation challenges facing our society," said Professor Scott Samuelsen, director, National Fuel Cell Research Center at UCI. "The value is clear, ranging from the avoidance of costly and inef- ficient power transmission, to enhanced power reliability from on-site generation, to the attractive emission profile of fuel cells with their low carbon footprint and virtual absence of criteria pollutants." The power plant will be configured for combined cooling, heating and power so that the same unit of fuel generates both ultra-clean power and usable high quality heat that will be used both for heating water and converting a portion of the heat into cooling for air conditioning. By reducing usage of electricity based chillers for space cooling, the medical center will benefit financially through avoided electricity costs and support the environment by avoiding the pollutants and greenhouse gases emitted by cen- tralized conventional power plants. The heat will be turned into cooling via a direct exhaust absorption chiller. This CCHP Direct FuelCell ® power plant installation is exempt from air permitting under the California South Coast Air Quality Management District Rule 219, due to the low carbon and virtual absence of criteria pollutants, accelerating the project development process. "This project is a private/public partnership demonstrating how private capital can support public goals with clean and affordable power for a public institution," said Chip Bottone, president and CEO, FuelCell Energy, Inc. "Due to the highly efficient power generation process, stationary fuel cell power plants are virtually absent of the pollutants that cause smog and acid rain and are exempt from the State of California Cap- and-Trade Program so UC Irvine Medical Center will see its compliance obligation reduced, avoiding carbon tax payments and increasing savings." FuelCell Energy is developing this project and expects to close on permanent financing on or before the commercial operation date of the power plant. The medical center has entered into a multi-year power purchase agreement to buy the electricity produced by the fuel cell power plant, while the cooling benefits are provided as an additional benefit to the medical center. For more information, visit www.fuelcellenergy.com

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