Stuart Energy to Supply Hydrogen Stations for CUTE

January 28, 2003 by Jeff Shepard

Stuart Energy Systems Corp. (Toronto, Canada) announced that it has been selected by Fortum Group (Finland) to supply an intelligent hydrogen-fueling station to the city of Stockholm, Sweden, under the Clean Urban Transportation Europe (CUTE) project. The CUTE project is an initiative to use hydrogen fuel in the public transportation system of nine European cities. The Stuart Energy hydrogen fueling station will produce, store and dispense pure, clean hydrogen fuel on-site, using just water and electricity.

The station will employ Stuart Energy's patented intelligent fueling system that governs the exchange of information between components of the system and the user. The station will be delivered and installed in late 2003 and will generate approximately 120kg of clean hydrogen fuel per day. Each bus in the project will require about 40kg of hydrogen per day. The system requires only electricity and water to produce hydrogen fuel.

"With the signing of this CUTE contract, Stuart Energy will be directly involved in three of the four electrolysis-based CUTE projects," said Jon Slangerup, president and CEO of Stuart Energy. "Our involvement in the CUTE projects indicates the strength of the combined Stuart Energy-Vandenborre company in the European market, in addition to our activities in North America and Asia-Pacific."