FuelCell Energy Inc (FCEL)

[JohnnyHydrogen]

Porthos project has worldwide importance

Demonstration project is huge. It will determine the future of worldwide energy. That is not an understatement.

https://www.forbes.com/sites/davidblackmon/2024/04/28/bidens-power-plant-crackdown-raises-more-questions-than-answers/?sh=41cd5ee15a55

The key term issue is whether CCS can be "adequately demonstrated". See article below.

Another issue is whether it is financially realistic. Hint .... do not expect Exxon to say that $85/ton CO2 is sufficient .... look for them to push for an increase in CCS tax credit $ in any pending legislaiton.

....from article .....

Is CCS the Right Answer?

The new regulations are written under the Clean Air Act, which requires EPA to utilize the “best system of emission reduction” that has been “adequately demonstrated.” The EPA previously failed to meet this test when it published its Clean Power Plan during President Barack Obama’s second term, and the rule was eventually struck down. With this updated effort, EPA could be running the same risk again, with a requirement that plants meeting certain emissions thresholds abate them using carbon capture and storage (CCS) technology. The catch there is the requirement that the required technology be “adequately demonstrated.”