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GEI Global Energy Corp. Announces Partnership for Italy Fuel Cell Deployment

July 2014

http://online.wsj.com/article/PR-CO-20140709-904025.html

GEI Global Energy Corp. (OTCBB:GEIG), a fuel cell electric power generation company, announced the JV partnership execution with the Italian firm Associazione Italiana per lo Sviluppo Economico (AISVEC) to leverage the expanding global natural gas supply infrastructure to deploy its fuel efficient electric power generation devices within Italy and Europe.

Alessio Montanarini, AISVEC Vice President, states: "The competitive advantage of the GEI hybrid fuel cell electric power generation technology will address the paramount need to decrease the high energy costs in Europe, whose market amounts to 500 million people. Initially, the partnership will focus on the Italian market and later on Europe, the Balkans and CIS countries, addressing the 3000 public authorities and private companies connected to AISVEC. To this end, AISVEC is negotiating with governmental authorities in Central and Eastern Europe with regards to fuel supply, power requirements, and economic development".

"The GEI goal is to remove the fuel infrastructure as a commercialization barrier, and to provide the GEI hybrid fuel cell electric power generation technology to large scale potential consumers and thereby lowering manufacturing costs", stated Dr. K. J. Berry, GEI Chairman and CEO. "The partnership between the two firms will enable European companies to install the GEI hybrid fuel cell cogeneration power system, and take advantage of the new EU Policy on Climate Change. Also, companies will be able to leverage the large scale methane and natural gas infrastructure system presently in Italy and the rest of Europe to become grid independent", concluded Berry.

A pilot plant and technology showcase will launch in October 2014 providing over 6,000 kW-hr per month of combined heat and power (CHP) to a small municipality in Northern Italy. The partnership will focus on clean, efficient and environmentally friendly electric power systems within public owned buildings, shopping malls, commercial real estate, and industries.

About AISVEC

AISVEC is an Italian economic association with a worldwide presence, supporting public authorities and private enterprises with easy access to credit facilities, investments, lobbying and bilateral agreements with foreign authorities and/or private partners.

About GEI Global Energy Corp.

GEI Global Energy Corp is a fuel cell electrical power generation company leveraging a menu of novel and innovative fuel cell power systems technologies to provide clean and inexpensive energy solutions for developing economies.

For more information regarding GEI GLOBAL's vision for an energy secure future, please click on the following video link: http://private.geiglobal.com/wp-content/uploads/2013/06/who-is-gei5.mp4.

Safe Harbor Statement

This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2012 and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events.

Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of continuous improvement and other cost-containment strategies, and the Company's success in attracting and retaining key personnel. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information, since these statements may no longer be accurate or timely.

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Innovation: Cool Steam Reforming Print E-mail

GEI COOL STEAM REFORMING

Carbon based fuel processor cost for traditional PEM fuel cell systems is driven by stack contamination requirements. For example:

• The fuel reformat hydrogen sulfide (H2S) tolerance for traditional low temperature PEM stacks is 100 PPB (parts per billion). Conversely, for high temperature PEM stacks the H2S tolerance is 10 PPM (parts per million) or 100 times more tolerate.

• The fuel reformat CO (Carbon Monoxide) tolerance for low temperature PEM level is 10 PPM while for the high temperature PEM the limit is 3-5% by volume, or 50,000 PPM.

As such, low temperature PEM stacks require expensive preferential oxidation and hydrogen membrane purification clean-up equipment to reduce H2S and CO fuel contamination to acceptable levels. The Equilibrium Concentration plot shows the %CO as a function of temperature and provides the rationale for cool steam reforming.

 

Equilibrium Concentration vs. Temperature


eq-temp-graph-gry


 

The percent CO increases with reforming temperature while the percent of un-reacted methane decreases with reforming temperature. There exist a delicate balance between CO composition, reaction temperature, unused fuel cell anode exhaust components CH4 (methane) and H2, and system efficiency which are impacted by the anode tail gas burner and fuel cell stack stoichmetric ratios.

The GEI fuel processing strategy employs a "cool" steam low temperature (550C-600C) steam reformer as shown below in the comparison for low temperature and high temperature PEM fuel cell stacks.

 

 

ht_vs_lt_fuel_reforming-gry


The high temperature PEM not only is more tolerate of H2S and CO, but provides high temperature heat for the steam generation required for fuel reforming. Additionally,the excess unused anode fuel exhaust can be re-cycled to the combustor (i.e. anode tail gas burner) to minimize the external fuel required. This strategy results in a very efficient system while reducing cost, size, complexity, and parasitic losses. Current cost savings estimates are 40%-60% depending upon volume with 30% less hardware.

Reformer Modeling
The plot below shows simulation results (CHEMCAD) for Methane steam reforming vs. Temperature for a 3kW stack assuming a stack efficiency of 50%. Note for the design point of 550C, the predicted CO is 3% on a wet mass basis with a hydrogen composition of 35% on a wet mass basis and 63% on a dry mass basis. Working with our reformer development partner these results are used to guide development of GEI's cool steam reformer strategy.

 

Methane Reforming Flow % vs. Temperature


methane_reforming-gry


reformer_compare-blk

As discussed, traditional low-temperature PEM cells require nearly pure hydrogen which significantly impacts both the fuel processing equipment cost and size. The drawing to the right compares the cylindrical high temperature PEM fuel cell reformer (shown in blue) compared with the additional H2 membrane purifier required for low temperature PEM fuel cells. This additional equipment increases the space volume by 42%, increases the weight by 100%, and increases cost by 50%. Our reformer partner provides a patented micro channel design for efficient steam reforming of gaseous and liquid logistic fuels. When coupled with high temperature fuel cells, which do not require expensive preferential oxidation reactors and membrane purifiers, the reformer is compact and efficient. Additionally, special reforming catalyst technology allows for a broad diversity in fuel selection such as diesel, propane, natural gas, methane, methanol, ethanol, JP8, and bio-renewable fuels.