Abstract
This Energy Insights report explores the technical, market, and policy trends
impacting the development of the large fuel cell sector (25kW-5MW+). It then
profiles six select companies that we feel are well positioned to expand the
commercial fuel cell marketplace, before providing an assessment of the
sector' s overall near-term commercial prospects. We find that the market for
large stationary fuel cell systems, though relatively small, is poised to enter
a new growth phase. Vendors are developing larger system sizes to reduce
production costs and have repositioned their existing and forthcoming products
to satisfy larger host customer energy demands as well as potential utility
applications.
According to Nadav Enbar, senior research analyst, Energy Insights, "Regulatory
mandates and government funding will continue to be fundamental to driving
future demand for large stationary fuel cell systems in the short term.
However, a strategic shift by manufacturers to produce systems that satisfy
larger host customer energy demands as well as utility applications,
potentially lays the groundwork for more robust market growth over the coming
decade."
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