Capstone Turbine Adds U.S. Coal Bed Methane Market to Its C200 Applications
CHATSWORTH, Calif., Feb. 28, 2013 (GLOBE NEWSWIRE) -- Capstone Turbine
Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean
technology manufacturer of microturbine energy systems, has added the U.S.
coal bed methane market to its portfolio of oil and gas applications with the
installation of the country's first methane-fueled C200 at a CONSOL Energy gas
processing plant in Pennsylvania.
CONSOL Energy Inc. (NYSE:CNX), a leading diversified-fuel producer in the
Eastern United States, estimates the "clean-and-green" 200-kilowatt
microturbine will eliminate 6,486 tons of carbon dioxide produced from coal
bed methane from the atmosphere each year. Anticipated annual energy cost
savings is $80,000. To commemorate the commissioning of this project, CONSOL
Energy executives recently donated $7,811 to the local Charleroi Area (PA)
Capstone distributor E-Finity, headquartered in Philadelphia, PA, secured the
C200 order, which is installed at CONSOL's Fallowfield Gas Processing Plant in
southwestern Pennsylvania. The low-maintenance, highly efficient microturbine
produces 200-kilowatts of low-emission power that the plant uses to recover
18.5 million-cubic-feet (524,456-cubic-meters) of methane gas each year and
generate 1.3 million net kilowatt hours of clean electrical power.
"The C200 is expected to have much lower maintenance costs and emissions than
those from reciprocating engines," said Jim Grech, CONSOL Energy's Chief
"As government regulations for methane emissions become stricter, we
anticipate more companies will turn to microturbines because they can easily
operate on methane gas, produce extremely low emissions, and are exceptionally
reliable," said Jim Crouse, Capstone's Executive Vice President of Sales and
A 2011 U.S. Department of Energy report stated, "Coal bed methane proved
reserves and production have grown nearly every year since 1989. Today it
accounts for more than 8 percent of total domestic natural gas production and
nearly 8 percent of U.S. proved reserves. The U.S. Energy Information
Administration believes coal bed methane will continue to hold a similarly
important share in the domestic energy picture between now and 2035."
"The flow rate and methane concentration of the waste gas stream are well
suited to the capacity of Capstone's C200," said Deborah Kosmack, CONSOL
Energy research engineer."The microturbine is rated to operate at 33 percent
electrical efficiency, based on a lower heating value."
"It's clear why Fortune Magazine selected CONSOL as one of America's most
admired companies," Crouse said. "They made a commitment to reduce their
greenhouse gas footprint, and their selection of a Capstone C200 is evidence
of this pledge. The C200 will significantly reduce methane gas emissions at
Fallowfield and will provide the company substantial cost savings."
The microturbine power system could qualify the plant to sell CO credits
and could qualify for Tier 2 incentives under the Pennsylvania Alternative
Energy Portfolio Standard.
Unlike traditional generation technologies, microturbines are well suited to
using gas with low methane content. The Fallowfield microturbine continuously
operates with methane concentrations around 33 percent.
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST) is the
world's leading producer of low-emission microturbine systems, and was the
first to market commercially viable microturbine energy products. Capstone
Turbine has shipped over 6,500 Capstone Microturbine systems to customers
worldwide. These award-winning systems have logged millions of documented
runtime operating hours. Capstone Turbine is a member of the U.S.
Environmental Protection Agency's Combined Heat and Power Partnership, which
is committed to improving the efficiency of the nation's energy infrastructure
and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO
9001:2008 and ISO 14001:2004 certified company, Capstone is headquartered in
the Los Angeles area with sales and/or service centers in the New York Metro
Area, Mexico City, Nottingham, Shanghai and Singapore.
About CONSOL Energy
CONSOL Energy Inc. (NYSE:CNX) is a Pittsburgh-based producer of coal and
natural gas. It has 12 bituminous coal mining complexes in four states and
reports proven and probable coal reserves of 4.2 billion tons. The company's
premium Appalachian coals are sold worldwide to electricity generators and
steelmakers. In natural gas, CONSOL Energy has transformed itself from a
pure-play coalbed methane producer to a full-fledged exploration and
production company. The company is a leading producer in the Marcellus Shale
and is transitioning its active exploration program into development mode in
the Utica Shale.CONSOL Energy has proved natural gas reserves of 4.0 trillion
cubic feet. Operational safety is the company's top core value and CONSOL
Energy boasts a record of almost two times better than the industry average
for underground bituminous coal mines.CONSOL Energy is a member of the
Standard & Poor's 500 Equity Index and the Fortune 500. Additional information
about CONSOL Energy can be found at its Web site: www.consolenergy.com.
The Capstone Turbine Corporation logo is available at
This press release contains "forward-looking statements," as that term is used
in the federal securities laws, about cost savings, the environmental
advantages of our products and use of our products in the coal bed methane
market. Forward-looking statements may be identified by words such as
"expects," "objective," "intend," "targeted," "plan" and similar phrases.
These forward-looking statements are subject to numerous assumptions, risks
and uncertainties described in Capstone's filings with the Securities and
Exchange Commission that may cause Capstone's actual results to be materially
different from any future results expressed or implied in such statements.
Capstone cautions readers not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release. Capstone
undertakes no obligation, and specifically disclaims any obligation, to
release any revisions to any forward-looking statements to reflect events or
circumstances after the date of this release or to reflect the occurrence of
"Capstone" and "Capstone MicroTurbine" are registered trademarks of Capstone
Turbine Corporation. All other trademarks mentioned are the property of their
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