(Fuel Cell Works, 6/28/17)
FuelCell Energy, Inc., a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, applauds Governor Malloy and the State of Connecticut’s General Assembly for crafting and passing Public Act 17-144 – An Act Promoting the use of Fuel Cells for Electric Distribution System Benefits and Reliability.
The Act values cost of power, reliability and resiliency, along with the multiple economic development benefits that are unique to fuel cell projects. The Act has two parts, including enabling Connecticut electric utilities to purchase up to 30 megawatts of fuel cells. Separately, the Act includes a provision for the Connecticut Department of Energy and Environmental Protection (DEEP) to issue an RFP for the procurement of clean energy with a focus on enhancing the reliability and resiliency of energy supply and in a manner that promotes in-state economic development.
“In-state fuel cell projects generate significant tax revenue for municipalities via property tax and for the State through sales tax on fuel cells and payroll taxes from manufacturing and service plus the follow-on benefits associated with the extensive fuel cell supply chain that resides in the State,” said Chip Bottone, President and Chief Executive Officer, FuelCell Energy.