FuelCell Energy Block System Receives 99.873% PJM Capacity Rating as Demand Grows for On-Site Power
Key Highlights
- ➤FuelCell Energy Block System receives 99.873% PJM capacity rating
- ➤PJM projects 32 GW peak load growth through 2030
- ➤Data centers expected to drive approximately 30 GW of PJM growth
- ➤99.873% rating may recognize nearly all evaluated capacity as dependable
- ➤FuelCell Energy says accreditation could support capacity-market monetization
Expert Statements
Jason Few, President & CEO of FuelCell Energy
“Customers aren’t simply looking for more megawatts. They need to understand how much power they can count on as they make decisions about where and how quickly they can grow.”
Jason Few, President & CEO of FuelCell Energy
“Our technology is designed to provide continuous, on-site distributed generation. This unit-specific assessment gives customers another independent measure of the dependability of our platform. It also has important economic implications: in PJM’s capacity market, the amount of installed capacity recognized as dependable directly influences the capacity a resource can potentially monetize. We believe a 99.873% accreditation highlights the potential for our platform to deliver not only highly dependable power, but attractive capital productivity for utilities and independent power producers deploying generation in PJM.”
DANBURY, Conn., Oct. 21, 2026 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced that its FuelCell Energy Block System received a 99.873% rating in PJM Interconnection’s unit-specific Effective Load Carrying Capability (ELCC) assessment conducted as part of PJM’s 2028/29 Reliability Backstop Procurement (RBP) process. The result indicates that PJM may recognize nearly all of FuelCell Energy’s evaluated system’s capacity as dependable, providing an important measure of reliability for customers evaluating on-site power and informing potential participation in PJM’s capacity market.
Rapid data center growth is driving electricity demand and sharpening the focus on how large loads secure power. PJM projects 32 GW of peak load growth across its region from 2024 to 2030, with approximately 30 GW expected to come from data centers.(1) As demand rises, large power users are increasingly considering generation that can provide dependable power where it is needed.
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