DUBLIN, Mar. 04, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/g8835p/stationary_fuel) has announced the addition of Wintergreen Research, Inc's new report "Stationary Fuel Cells: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019" to their offering.
Worldwide markets are poised to achieve significant growth as the Stationary Fuel Cells used to provide distributed power for campus environments achieve better technology and economies of scale. They have achieved grid parity in many cases. They improve and lower energy costs. They threaten to erode utility profitability.
Stationary Fuel Cells are on the cusp of becoming commercially viable, creating companies that are profitable and produce electricity at or below parity with the grid giving every user alternatives to the grid. Bloom Energy has solved the SOFC engineering challenges. Breakthroughs in materials science, and revolutionary designs give Bloom SOFC technology a cost effective, all-electric solution.
Vendors have solved the SOFC conundrum, developing new materials that make units affordable and provide energy device economies of scale and support for wind and solar renewable energy sources.
Stationary fuel cells represent the base for distributed power generation worldwide. No more new coal plants, no mare extensions to the grid. Distributed power has become mainstream. Distributed generation (DG) refers to power generation at the point of consumption.
Generating power on-site, rather than centrally, eliminates the cost, complexity, interdependencies, and inefficiencies associated with energy transmission and distribution. Distributed energy is evolving in a manner like distributed PC and laptop computing, cars for transportation, and smart phones. As distributed Internet data and telephony have found a place in the market, so also will distributed energy generation become widespread. Distributed power shifts energy generation control to the consumer much to the consternation of the existing utility companies.
Renewable energy is intermittent and needs stationary fuel cells for renewables to achieve mainstream adoption as a stable power source. Wind and solar power cannot be stored except by using the energy derived from these sources to make hydrogen that can be stored. Stationary fuel cells are likely to function as a battery in the long term, creating a way to use hydrogen that is manufactured from the renewable energy sources. It is likely that the wind and tide energy will be transported as electricity to a location where the hydrogen can be manufactured. It is far easier to transport electricity than to transport hydrogen. Hydrogen servers as an energy storage mechanism.
Key Topics Covered:
1 STATIONARY FUEL CELL MARKET DYNAMICS AND MARKET DESCRIPTION
2. STATIONARY FUEL CELL MARKET SHARES AND MARKET FORECASTS
3 STATIONARY FUEL CELL PRODUCT DESCRIPTION
4 STATIONARY FUEL CELL TECHNOLOGY
5 STATIONARY FUEL CELL COMPANY PROFILES
- Bloom Energy
- FuelCell Energy
- Plug Power
- AFC Energy
- Advent Technologies
- Ansaldo Fuel Cells
- Ballard Power Systems
- Blasch Precision Ceramics
- Ceramic Fuel Cells
- ClearEdge Power / UTC Power
- Doosan Corporation
- Fuji Electric
- HydroGen LLC
- ITN Lithium Technology
- ITN Plasmonics
- LG Electronics
- POSCO Power
- Rolls Royce
- SafeHydrogen LLC
- Siemens AG
- SoftBank & Bloom Energy Joint Venture
- Southern California Edison
For more information visit http://www.researchandmarkets.com/research/g8835p/stationary_fuel
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SOURCE Research and Markets