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Bruker Energy & Supercon Technologies (BEST), Schneider Electric/Alstom Grid and Stadtwerke Augsburg Announce BMWi Grant for iSFCL Joint Demonstration Project

December 1, 2010

AUGSBURG, Germany, Dec 01, 2010 (BUSINESS WIRE) -- Bruker Advanced Supercon GmbH and Bruker HTS GmbH (both subsidiaries of Bruker Energy & Supercon Technologies, Inc, or BEST), AREVA Energietechnik GmbH (now a subsidiary of Schneider Electric/Alstom Grid) and Stadtwerke Augsburg Energie GmbH today announced that they have jointly received grant approval from the German Federal Ministry of Economics and Technology (Bundesministerium für Wirtschaft und Technologie, or BMWi) for the further development and demonstration of a novel shielded inductive superconducting fault current limiter (iSFCL) in the electrical grid of Stadtwerke Augsburg.

The three-year iSFCL demonstration project had its kick-off meeting in Augsburg in October 2010 and has a total budget of 7.7 million Euro (approximately $10 million USD), to which the BMWi will contribute approximately 50%.

Fault current limiters are devices that protect electrical equipment in the distribution infrastructure from damaging power surges caused by fault currents that may arise from short circuits, power generation disturbances or lightning strikes. The industrial partners have been developing a proprietary concept and a pre-prototype functional module for an iSFCL device for energy infrastructure applications, including the smart grid, based on their intellectual property and design expertise.

The medium-voltage shielded iSFCL to be demonstrated under this BMWi project is based on the collaboration partners' unique competencies, including BEST's YBCO high-temperature superconductor (HTS) tapes and know-how in superconducting devices, as well as Schneider Electric/Alstom Grid's experience in designing transformers and their in-depth knowledge of the electric transmission and distribution market. An announcement of the successful test results of the pre-prototype functional module for this iSFCL was released in November 2009.

The iSFCL is a fast, self-activating current limiting device that can recover automatically after each fault current event. Novel iSFCL devices are expected to enable energy efficient connections of distributed power sources to the grid, fast and reliable grid protection and future smart grid designs. The potential benefits of introducing iSFCL devices range from enhancing the capacity of substations, increasing safety by making use of the iSFCL's fast response and self-recovery behavior, and exploiting its lower operational power losses compared to conventional grid breaker systems and other superconducting fault current limiter designs and concepts.

The first two years of the BMWi demonstrator project call for the development, engineering and production of the 3-phase full-scale iSFCL device. This device will then undergo extensive power testing prior to Stadtwerke Augsburg initiating a nine-month field trial to demonstrate the reliability of this new technology.

Dr. Hans-Udo Klein, Vice President of Business Development for BEST, explained: "We expect that this iSFCL design will be able to meet the requirements of critical power customers for high performance, reliability and durability in electrical distribution applications. The iSFCL has the potential to be a true 'smart grid' device with its ability to rapidly react, protect the electrical distribution network against damages, and then to recover quickly without external triggering or service calls."

Dr. Uwe Kaltenborn, Corporate Senior Fellow and R&D Director at Schneider Electric, added: "We believe superconductivity-based devices are moving beyond the hype. We believe that this new iSFCL concept, with its attractive switching properties and low cooling requirements, can become a reality in the grid."

Mr. Jürgen Völkel, Managing Director of Stadtwerke Augsburg Netze GmbH, and Mr. Thomas Janetschek, Project Leader of Stadtwerke Augsburg Energie GmbH, jointly emphasized: "High-power renewable energy facilities can only be connected to the grid when being protected by an effective fault current limiter. Once fully engineered and thoroughly tested, the novel iSFCL is expected to be implemented as a protection device in a growing number of such grid configurations."

About Bruker Energy & Supercon Technologies, Inc. (BEST)

BEST is a subsidiary of Bruker Corporation (NASDAQ: BRKR), and is a leader in the development and manufacturing of advanced superconducting materials and superconducting devices for alternative energy, smart grid, healthcare and "big science" applications. For more information on BEST, please visit www.bruker-est.com.

About Schneider Electric and Alstom Grid

As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure as well as industrial processes. Schneider is focused on making energy safe, reliable, and efficient.

In 2010, Schneider took over the medium voltage activities of AREVA T&D (incl. AREVA Energietechnik GmbH), while the high voltage sector of Areva T&D has been acquired by Alstom S.A. For more information please visit www.schneider-electric.com and www.alstom.com.

About Stadtwerke Augsburg

Stadtwerke Augsburg - fully owned by the city of Augsburg - is the third largest municipal utility in Bavaria, Germany, supplying water and energy, as well as providing transportation services, to more than 350,000 people in the greater Augsburg region.

CAUTIONARY STATEMENT OF BEST

This press release contains forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations, are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential," "continue" or other similar words.

These forward-looking statements are predictions, not guarantees. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, levels of activity, performance or achievements to materially differ from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those projected, include, but are not limited to, the integration of businesses we have acquired or may acquire in the future, changing technologies, product development, the cost and pricing of our products, manufacturing, competition, dependence on collaborative partners and key suppliers, capital spending and government funding policies, changes in governmental regulations, intellectual property rights, litigation, and exposure to foreign currency fluctuations. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as guarantees of future events.

The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments may cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

SOURCE: Bruker Energy & Supercon Technologies, Inc.

Bruker Energy & Supercon Technologies (BEST)
Dr. Hans-Udo Klein, +49-2204-84-2288
Vice President of Business Development
udo.klein@bruker-asc.com
or
Schneider Electric
Dr. Uwe Kaltenborn, +49-941-46200
Corporate Senior Fellow and Director R&D
uwe.a.kaltenborn@areva-td.com
or
Stadtwerke Augsburg Energie GmbH
Thomas Janetschek, +49-821-6500-8330
Department Manager Electric Grid
thomas.janetschek@stawa.de