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Fuelcell Says California Public Utilities Commission Has Clarified And Reinforced That 'the use of directed biogas is permissible under the Bioenergy Market Adjusting Tariff (BioMAT) program'

Today, FuelCell Energy, Inc. (NASDAQ:FCEL), the global leader in fuel cell technology with its purpose being to utilize its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean

Benzinga · 03/05/2020 13:35

Today, FuelCell Energy, Inc. (NASDAQ:FCEL), the global leader in fuel cell technology with its purpose being to utilize its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy, announced that the California Public Utilities Commission (CPUC) has clarified and reinforced that the use of directed biogas is permissible under the Bioenergy Market Adjusting Tariff (BioMAT) program, rejecting arguments by Southern California Edison to the contrary, thus permitting the continued development of the Toyota Port of Long Beach FuelCell Energy SureSource Hydrogen project.

“Today marks the start of a powerful new chapter for FuelCell Energy, the hydrogen powered transportation industry,” said Jason Few, President and CEO of FuelCell Energy.  “California is leading in the way in United States by establishing hydrogen generation and fueling infrastructure. In addition to supporting Toyota’s local operations, the hydrogen produced by our fuel cell will be used to power zero-emission fuel cell trucks and consumer vehicles, paving the way for the replacement of high-emission diesel trucks with hydrogen-powered trucks on a larger scale that will cleanly move products around the world.”