CHP/FUEL CELL GRANT PROGRAM LAUNCHED IN NEW JERSEY
Fuel Cell Today.com
January 22, 2013
The New Jersey Economic Development Authority (EDA) and the New Jersey Board of Public Utilities (BPU) have launched the second iteration of the Large Scale Combined Heat and Power (CHP)/Fuel Cell Program. The rolling grant program, which follows a competitive program introduced last April, will support CHP and standalone fuel cell projects serving commercial, institutional and industrial customers in New Jersey.
The rolling grant program is available to support CHP or standalone fuel cell projects with an electric generating capacity of greater than one megawatt (MW). New Jersey-based government (federal, state or local), commercial, institutional or industrial entities advancing these projects are eligible. CHP systems greater than 1 MW with waste heat utilization must achieve annual system efficiency of at least 65% of the lower heating value (LHV); fuel cell projects greater than 1 MW without heat recovery must achieve annual system efficiency of at least 45% of the higher heating value (HHV).
