According to findings by the Allied Business Intelligence, (ABI), a research think tank specializing in communications and emerging technology markets, as the pressure for new energy sources increase, the overall fuel cell energy generating capacity will increase by a factor of 250.
“Fuel cell markets have attracted a great deal of attention in the last two years,” said Atakan Ozbek, author of ABI’s latest fuel cell study, “Stationary Fuel Cells: US and Global Early Market Opportunities.”
According to ABI’s findings, the global stationary fuel cell electricity generating capacity will jump to over 15,000 megawatts (MW) by 2010 from just 75 MW in 2001. Stationary fuel cells are currently being readied for early deployment, in market segments from residential houses to high-end reliable power markets such as uninterruptible power systems for corporations.
Free fuel markets is an area with an early and large potential. One example is Fuel Cell Energy’s King County Waste Water Treatment plant in Washington state, which will use waste gas from water treatment to supply energy for the surrounding communities. Fuel cell systems can use natural gas and propane, to provide the electricity, hot water and building heat to a wide range of end-users, such as single-family homes or large businesses. Recent developments such as California’s current power problems will provide opportunities for the fuel cell industry to prove their product. For more information, contact Allied Business Intelligence or call 516/624-3113.
