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Technology Stocks : FCL - FuelCell Energy -- Ignore unavailable to you. Want to Upgrade?

To: billkirn who wrote (389)	4/28/2000 11:21:00 PM
From: Bread Upon The Water	Respond to of 407

Dear Bill, The idea has great appeal to anyone tinged slightly "green" in the politcal sense, but an oil company is looking at some real serious money to get the infrastructure up and running soooooo----there probably has to be some strong evidence afoot that oil prices are not going back below $20 a barrell anytime soon. I mean if you are the excutive who advocates this and it doesn't pan out your head is on the chopping block. If what Howard says is so about Synm, then Sasol is the only one that I currently know of that is constructing a GTL plant (Sasol currently operates a coal to liquid gas refinery in South AFrica). Bill Bill

To: billkirn who wrote (389)	9/13/2000 11:42:36 AM
From: Esoteric1	Read Replies (1) \| Respond to of 407

Denver, Colorado – Rentech, Inc. (Nasdaq OTC Bulletin Board: RNTK) March 31,2000 announced the signing of a memorandum of understanding with FuelCell Energy, Inc. (AMEX: FCL) to immediately begin a feasibility study for the siting of an up to 9,000 kW commercial scale fuel cell power plant at the Sand Creek Energy, LLC. (SCE) location in Commerce City, Colorado. SCE is developing a plan to convert the existing methanol plant at Sand Creek into a gas-to-liquids facility capable of producing from eight hundred to one thousand barrels per day of high value fuels and products including clean burning sulfur and aromatic-free diesel fuel made from natural gas. Recent studies have found that the fuels made from GTL processes, such as Rentech’s, are also excellent feedstock fuels for fuel cells. GTL fuels contain no sulfur, aromatic compounds or metals which can contaminate a fuel cell stack. Furthermore, GTL fuels contain almost twice as much hydrogen as other potential liquid fuel cell feedstocks including methanol. Rentech views Sand Creek as an initial showplace to demonstrate both Rentech’s GTL and FuelCell Energy’s fuel cell technologies at commercial scale. If the plant is completed, Sand Creek would be home to one of the largest commercial scale fuel cell power plants in the world. Rentech anticipates that the “GREEN” electricity generated from the fuel cell could be sold directly into the local power grid. Rentech has identified market niches where the use of the sulfur-free GTL products produced by Rentech’s iron-based GTL technology as feed to FuelCell Energy’s fuel cells can provide clean power. This joining of the two technologies could be applicable where local conditions require little or no harmful emissions. Examples are hospitals, EPA-designated non-attainment areas and remote locations, “the island power concept,” i.e., areas where an adequate and reasonable cost supply of sulfur-free natural gas may not be available. Rentech, Inc., Denver, Colorado, incorporated in 1981, is the developer and licensor of a patented and proprietary Fischer-Tropsch, gas-to-liquids process, for conversion of synthesis gas made from natural gas, solid or liquid carbon bearing materials into high value fuels, products and chemicals. These products include cleaner burning, sulfur and aromatic-free diesel fuel, naphtha and waxes