The New York State Energy Research and Development Authority has announced its Customer-Sited Tier Fuel Cell Program, which gives up to $1 million for hospitals, schools, companies and other large users of electricity to install fuel cells.
Fuel Cells, which convert natural gas to a hydrogen-rich fuel for electricity generation emit 60% less carbon dioxide than combustion engines and only lose approximately 8% of energy produced to transmission. Fuel cells vary in size but can generate an upwards of 400 kW of electricity on site. Such statistics make fuel cells a promising way to reduce the total energy load on New York State's grid while significantly reducing greenhouse gas emissions.
The program, which is funded by New York State's Renewable Portfolio Standard (RPS), is available to any ratepayer who pays the RPS charge.
For more information visit http://libn.com/blog/2011/03/16/ny-sets-aside-22m-for-fuel-cell-incentives/.