Solid Oxide Fuel Cells Markets

The global solid oxide fuel cell market is estimated to reach $3.32 billion by 2018, with a projected CAGR of 8.7%, signifying an increase in demand for a clean and emission free power source that is fuel cells. Solid oxide fuel cells are emission free power sources, which run on electrochemical conversion reactions. SOFC use ceramic electrolytes that are hard and non-porous in nature. As the electrolyte is a solid, the cells are not necessarily constructed in a plate-like configuration as seen in other fuel cell types. Electrical efficiency provided is around 50% to 60%. In applications designed to capture and utilize the system’s waste heat (cogeneration), the overall fuel use efficiency could top 80% to 85% and operate at very high temperatures of around 1,000°C (1,830°F). The unique properties of solid oxide fuel cell such as portability, long-term stability, easy fuel selection, and emission-free power serve this requirement. These cells have vast applications, with military applications expecting the highest growth. Planar SOFC has been identified to be the dominating fuel cell in the market for its versatility. Asia-Pacific is the leading market for SOFC with Japan and South Korea dominating the region.

Variety of fuels can be used with high electrical efficiency: Driver of SOFC Market

The global solid oxide fuel cell market has witnessed decent growth, owing to an increase in the demand for clean and alternative energy sources. These fuel cells provide better and efficient alternative as they can work on almost any type of fuel, whether fossil, hydrogen or bio-fuels, resulting in better fuel efficiency than the burning of the same fuel. Along with better fuel efficiency, there is minimal emission, thereby providing clean and green energy. These properties drive the market for these cells.

Solid Oxide Fuel Cells (SOFC): Market Share, by Geography, 2013

Source:  M&M,  Solid Oxide Fuel Cell Market Report

FuelCell Energy (U.S.), Bloom Energy (U.S.), Aisin Seiki Co. Ltd. (Japan), Chofu Seisakusho Co. Ltd. (Japan), Kyocera (Japan), and Ceramic Fuel Cell Ltd. (Australia) are the major players globally in the solid oxide fuel cell (SOFC) market.

Agreements and Collaborations: Key Strategy

Most of these companies mainly rely on growth strategies such as new product launches, joint ventures & contracts, mergers & acquisitions, and investments & expansions in diversified geographic areas. The risk of failure involved in the industry is more due to the new and innovative technologies that are being introduced. Therefore, to enhance market penetration and share the expenditure along with the risks, the companies have opted for agreements & collaborations.

The major solid oxide fuel cell (SOFC) types include Planar, Tubular, and other. The Planar SOFCs have the largest share in the market.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site.  View the report:  Solid Oxide Fuel Cell Market by Type (Planar, Tubular, Others), Application (Large Stationary, Small Stationary, Transportation, Portable & Military), Geography – Global Trends & Forecast to 2018.

 

 

Solid Oxide Fuel Cells Markets

Stationary Fuel Cells Technology, Fuel Cells Market Shares and Forecasts

ELECTRONICS.CA PUBLICATIONS announces the availability of a new report entitled Stationary Fuel Cells Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020.  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, inter-dependencies, 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, solar, 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.

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 cells market 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.

The report covers: Stationary Fuel Cell Forecasts, Stationary Fuel Cell Market Development, Continued Fuel Cell Commercialization, Fuel Cell Operation, Fuel Environmental Issues, Power of a Fuel Cell, Hydrogen Fuel Cell Technology, On Grid And Off Grid Issues, Impact of Deregulation, Fuel Cell Issues, Fuel Cell Reliability, Laws and regulations, Solid Oxide Fuel Cells (SOFC), Alkaline Fuel Cells (AFC), Phosphoric Acid Fuel Cells, (PAFC) , Molten Carbonate Fuel Cells, (MCFC), PEM Technology, Proton Exchange Membrane, (PEM), Fuel Cells, PEM Fuel Cells, Platinum Catalysts, Vision For The New Electrical Grid, Fuel Cell Clean Air Permitting, Cycle Efficiency, Gas turbine, Hybrid Solid Oxide Fuel Cell, Energy Efficiency, Fuel Cell, Fuelcell Energy, Smart Grid, Utilities, Increased Power Density, Stationary Power Applications.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site.

The 2014 study has 603 pages, 258 tables and figures.

View the report: “Stationary Fuel Cells: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020”

 

 

 

Stationary Fuel Cells Technology, Fuel Cells Market Shares and Forecasts

Stationary Fuel Cells Technology, Fuel Cells Market Shares and Forecasts

ELECTRONICS.CA PUBLICATIONS announces the availability of a new report entitled Stationary Fuel Cells Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020.  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, inter-dependencies, 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, solar, 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.

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 cells market 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.

The report covers: Stationary Fuel Cell Forecasts, Stationary Fuel Cell Market Development, Continued Fuel Cell Commercialization, Fuel Cell Operation, Fuel Environmental Issues, Power of a Fuel Cell, Hydrogen Fuel Cell Technology, On Grid And Off Grid Issues, Impact of Deregulation, Fuel Cell Issues, Fuel Cell Reliability, Laws and regulations, Solid Oxide Fuel Cells (SOFC), Alkaline Fuel Cells (AFC), Phosphoric Acid Fuel Cells, (PAFC) , Molten Carbonate Fuel Cells, (MCFC), PEM Technology, Proton Exchange Membrane, (PEM), Fuel Cells, PEM Fuel Cells, Platinum Catalysts, Vision For The New Electrical Grid, Fuel Cell Clean Air Permitting, Cycle Efficiency, Gas turbine, Hybrid Solid Oxide Fuel Cell, Energy Efficiency, Fuel Cell, Fuelcell Energy, Smart Grid, Utilities, Increased Power Density, Stationary Power Applications.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site.

The 2014 study has 603 pages, 258 tables and figures.

View the report: “Stationary Fuel Cells: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020”

 

 

 

Stationary Fuel Cells Technology, Fuel Cells Market Shares and Forecasts

SOFC - Solid Oxide Fuel Cells - Fuel Cell Markets

The global solid oxide fuel cell market is estimated to reach $3.32 billion by 2018, with a projected CAGR of 8.7%, signifying an increase in demand for a clean and emission free power source that is fuel cells. Solid oxide fuel cells are emission free power sources, which run on electrochemical conversion reactions. SOFC use ceramic electrolytes that are hard and non-porous in nature. As the electrolyte is a solid, the cells are not necessarily constructed in a plate-like configuration as seen in other fuel cell types. Electrical efficiency provided is around 50% to 60%. In applications designed to capture and utilize the system’s waste heat (cogeneration), the overall fuel use efficiency could top 80% to 85% and operate at very high temperatures of around 1,000°C (1,830°F). The unique properties of solid oxide fuel cell such as portability, long-term stability, easy fuel selection, and emission-free power serve this requirement. These cells have vast applications, with military applications expecting the highest growth. Planar SOFC has been identified to be the dominating fuel cell in the market for its versatility. Asia-Pacific is the leading market for SOFC with Japan and South Korea dominating the region.

Variety of fuels can be used with high electrical efficiency: Driver of SOFC Market

The global solid oxide fuel cell market has witnessed decent growth, owing to an increase in the demand for clean and alternative energy sources. These fuel cells provide better and efficient alternative as they can work on almost any type of fuel, whether fossil, hydrogen or bio-fuels, resulting in better fuel efficiency than the burning of the same fuel. Along with better fuel efficiency, there is minimal emission, thereby providing clean and green energy. These properties drive the market for these cells.

Solid Oxide Fuel Cells (SOFC): Market Share, by Geography, 2013

Source:  M&M,  Solid Oxide Fuel Cell Market Report

FuelCell Energy (U.S.), Bloom Energy (U.S.), Aisin Seiki Co. Ltd. (Japan), Chofu Seisakusho Co. Ltd. (Japan), Kyocera (Japan), and Ceramic Fuel Cell Ltd. (Australia) are the major players globally in the solid oxide fuel cell (SOFC) market.

Agreements and Collaborations: Key Strategy

Most of these companies mainly rely on growth strategies such as new product launches, joint ventures & contracts, mergers & acquisitions, and investments & expansions in diversified geographic areas. The risk of failure involved in the industry is more due to the new and innovative technologies that are being introduced. Therefore, to enhance market penetration and share the expenditure along with the risks, the companies have opted for agreements & collaborations.

The major solid oxide fuel cell (SOFC) types include Planar, Tubular, and other. The Planar SOFCs have the largest share in the market.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site.  View the report:  Solid Oxide Fuel Cell Market by Type (Planar, Tubular, Others), Application (Large Stationary, Small Stationary, Transportation, Portable & Military), Geography – Global Trends & Forecast to 2018.

 

 

SOFC - Solid Oxide Fuel Cells - Fuel Cell Markets

Stationary Fuel Cells Technology, Fuel Cells Market Shares and Forecasts

ELECTRONICS.CA PUBLICATIONS announces the availability of a new report entitled Stationary Fuel Cells Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020.  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, inter-dependencies, 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, solar, 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.

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 cells market 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.

The report covers: Stationary Fuel Cell Forecasts, Stationary Fuel Cell Market Development, Continued Fuel Cell Commercialization, Fuel Cell Operation, Fuel Environmental Issues, Power of a Fuel Cell, Hydrogen Fuel Cell Technology, On Grid And Off Grid Issues, Impact of Deregulation, Fuel Cell Issues, Fuel Cell Reliability, Laws and regulations, Solid Oxide Fuel Cells (SOFC), Alkaline Fuel Cells (AFC), Phosphoric Acid Fuel Cells, (PAFC) , Molten Carbonate Fuel Cells, (MCFC), PEM Technology, Proton Exchange Membrane, (PEM), Fuel Cells, PEM Fuel Cells, Platinum Catalysts, Vision For The New Electrical Grid, Fuel Cell Clean Air Permitting, Cycle Efficiency, Gas turbine, Hybrid Solid Oxide Fuel Cell, Energy Efficiency, Fuel Cell, Fuelcell Energy, Smart Grid, Utilities, Increased Power Density, Stationary Power Applications.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site.

The 2014 study has 603 pages, 258 tables and figures.

View the report: “Stationary Fuel Cells: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020”

 

 

 

Stationary Fuel Cells Technology, Fuel Cells Market Shares and Forecasts