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Fuel Cells Bulletin 5 boiler tuning/calibration issue identified in its current wave of field trials for its SOFC combined heat and power (CHP) system for residential applications. And in a surprise move, Dr Peter Bance has resigned as CEO, with Dr Brian Count now appointed as executive chairman.
Ceres Power reported at its interim results presentation that initial results from the first wave of five field trial products, installed and operated in a range of occupied family homes, had highlighted an intermittent system reliability issue involving boiler tuning/calibration within the CHP product. In some cases this caused the boiler to automatically lock-out after ignition. As with standard boilers today, if the ignition sequence is not successful after three attempts, then the boiler locks-out, requiring a manual reset.
The engineered solution, involving a new software release, has been developed in collaboration with Ceres Power's supply chain partners. The improved software has been approved by Kiwa Gastec as complying with Ceres Power's existing CE safety certificate. Ceres has tested the solution, and validated that it satisfactorily resolves the identified boiler tuning/calibration issue. The company has now uploaded this new software to all CHP products in the field trial, confirming the solution works in occupied homes.
No reason was given for the resignation of CEO Peter Bance, which was announced 'with immediate effect' in mid-June. Bance was widely seen as a dynamic and well regarded leader in the UK's clean energy sector, for his strategic vision and commercial insights.
The company's chairman Brian Count has subsequently taken on an executive role, while the board of directors searches for a new chief executive with a proven track record of commercialization of innovative technology products and a focus on operational delivery.
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