NewEnergyNews More: LOOKING FOR THE BEST USE FOR FUEL CELLS

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  • Friday, January 4, 2013

    LOOKING FOR THE BEST USE FOR FUEL CELLS

    Stationary Fuel Cells; Fuel Cells for Combined Heat and Power, Prime Power, and Backup Power/UPS Applications: Global Market Analysis and Forecasts

    4Q 2012 (Pike Research/Navigant)

    “The stationary fuel cell industry is growing in terms of megawatts and systems shipped. At the same time, it is going through a deep restructuring, with a number of companies exiting the space and a handful of new entrants appearing…

    “The most notable shift from 2011 to 2012 has been a meaningful set of developments in government policy that will directly influence the future of the fuel cell industry.”

    “The uninterruptible power supply (UPS) application segment is marked by collaboration, limited market expansion, and new fuel options. In the combined heat and power (CHP) segment, the key development has been a comprehensive, and painful, restructuring, while for prime power it has been the demand for systems with islanding capability…

    “…Pike Research estimates that these trends, along with external factors such as concern about power grid stability in the wake of natural disasters, will drive a significant uptick in the rate of fuel cell adoption that could reach 4.5 gigawatts (GW) by 2017…”

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