forpressrelease Mail to a Friend
forpressrelease Rate forpressrelease forpressrelease forpressrelease forpressrelease forpressrelease 

Global Stationary Fuel Cell Market Is Expected To Grow $14.3 Billion in 2020



2024-03-29 04:01:00 Environment

forpressrelease
1426


New study Stationary Fuel Cells Market, Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020. The 2014 study has 603 pages, 258 tables and figures. 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.

Read Complete Report with TOC @ http://www.acutemarketreports.com/report/stationary-fuel-cells-market

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.

Browse All Reports of This Category @ http://www.acutemarketreports.com/category/energy-market

Stationary fuel cell markets need government sponsorship. As government funding shifts from huge military obligations, sustainable energy policy becomes a compelling investment model for government.

Stationary fuel cell markets at $1.2 billion in 2013 are projected to increase to $14.3 billion in 2020. Growth is anticipated to be based on demand for distributed power generation that uses natural gas. Systems provide clean energy that is good for the environment. Growth is based on global demand and will shift from simple growth to rapid growth measured as a penetration analysis as markets move beyond the early adopter stage. The big box retailers including many, led by Walmart, the data centers, and companies like Verizon are early adopters.

Eventually hydrogen will be used as fuel in the same stationary fuel cell devices. The hydrogen is manufactured from solar farms. Stationary fuel cells have become more feasible as the industry is able to move beyond platinum catalysts.

About Acute Market Reports
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world?s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends. Our database consists of 200,000+ market research reports with detailed & minute market research.

For More Information, Visit http://www.acutemarketreports.com/

Contact:
Chris Paul
Office No 01, 1st Floor,
Aditi Mall, Baner, Pune,
MH, 411045 India
Phone: 1-855-455-8662
Toll Free: 1-855-455-8662
Email: sales@acutemarketreports.com

Company :-Acute Market Reports

User :- Swati Mahajan

Email :-swati@acutemarketreports.com

Phone :-855-455-8662

Mobile:- 91-7755981103

Url :- http://www.acutemarketreports.com/report/stationary-fuel-cells-market






Related Post

Advertisement