Low carbon energy from Imperial

Generating electricity efficiently within homes and offices

Ceres Power, a spin-out company from Imperial College London, is pioneering the field of efficient, low carbon power generation.

Building on over 10 years of research at the university’s Department of Materials, Ceres Power is developing world leading fuel cell systems able to generate energy quietly and efficiently within office buildings and homes.  Because this method is more efficient, and because the heat produced by electricity generation is also used to heat the building, fuel cells produce far fewer emissions than traditional forms of power generation.

Ceres Power builds on a portfolio of IP developed by a group of materials experts including Professor Brian Steele; Professor Nigel Brandon; Professor John Kilner; Professor Alan Atkinson and Bob Rudkin. Basic research into novel materials and catalysts underpinned a research programme that later demonstrated significant commercial potential.

Ceres Power is listed on the London Stock Exchange, and is currently valued at £73m (as at 12th January 2009). The company employs 70 people, and in January 2008, Centrica (owner of British Gas) subscribed for 9.999% of the issued share capital of Ceres Power at 300p per share - equivalent to a cash investment of about £20m.