Abstract
This Energy Insights report examines the market for large stationary fuel
cells. The number of market-available fuel cell products dedicated to larger
applications (those in the 25kW-5MW+ range) remains small, but reliability,
performance, and production costs continue to improve. Simultaneously,
government subsidies and other regulatory arrangements are abetting a fragile
market. Still, it remains to be seen whether technical advancements and
favorable policy momentum can transform ongoing R&D efforts into commercial
success. After delineating the factors shaping the large fuel cell segment,
this report profiles the progress of market players.
According to Nadav Enbar, research analyst, Energy Insights, "Government
activity, increasing electricity prices, and rising private investment are
collectively helping to produce steady technology advances and cost reductions
in large stationary fuel cell applications. Consequently, the nascent fuel cell
market is likely to further develop, with additional commercialized products
expected to hit the market in the 2010-2012 time frame."
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