CT throws a lifeline to fuel cells, waste to energy

CT throws a lifeline to fuel cells, waste to energy

(Hartford Business Journal, 7/10/17)

A new law passed by the state legislature without much fanfare could have a major impact on Connecticut’s energy industry, providing a potential lifeline to two important, but struggling sectors: fuel cells and waste-to-energy power plants.

While the two sectors are vastly different, the law provides one common benefit: the chance for more business and revenue.

For fuel cells, the law tees up a sizable opportunity to win coveted long-term power-purchase contracts with utility companies.

And for waste-to-energy plants, policy tweaks could help drive up long-stagnant prices of renewable energy credits, which plants earn and sell to reap a secondary revenue stream.

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