Morgan Stanley Adds Fuel Cell System to Headquarters
Morgan Stanley installed a new fuel cell system at its 750,000-sq-foot headquarters in Purchase, NY. The system from Bloom Energy is now operational and supplying energy to the building.
The Bloom Energy fuel cell system will supply about 250 kW of constant base load power to the facility as well as grid-independent electricity to power portions of the building’s critical load during grid outages.
A solar panel array was installed at the site earlier this year. Combined, the solar and fuel cell installations are expected to produce about 3 million kWh per year. During peak energy consumption times, they can supply about 1 MW, or up to 30 percent of the building’s demand.
Morgan Stanley says annual grid consumption at the facility has dropped from 29.1 million kWh in 2008 to 23.7 million kWh projected for 2014.
Support for the project was provided by the New York State Energy Research and Development Authority (NYSERDA).
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