Combined Heat and Power-based Fuel Cell Systems Offer Huge Growth Potential.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c48058) has announced the addition of "European Stationary Fuel Cells Markets" to their offering. This Frost & Sullivan research service titled European Stationary Fuel Cells Markets includes an analysis of the stationary fuel cells market, along with forecasts for revenues and unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. for different fuel cell technologies. The study also provides a complete analysis of key market drivers, restraints, and trends impacting the stationary fuel cells market. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: molten carbonate fuel cells Molten-carbonate fuel cells (MCFCs) are high-temperature fuel cells, that operate at temperatures of 600ºC and above. They have the highest efficiencies of any type fuel cell, including solid oxide fuel cells, proton exchange membrane fuel cells and phosphoric acid fuel , solid oxide fuel cells A Solid oxide fuel cell (SOFC) is an electrochemical conversion device that produces electricity directly from fuel. Fuel cells are characterized by their electrolyte material and, as the name implies, the SOFC has a solid oxide, or ceramic, electrolyte. , proton exchange membrane A proton exchange membrane (PEM) is a semipermeable membrane generally made from ionomers and designed to conduct protons while being impermeable to gases such as oxygen or hydrogen. fuel cells, as well as other fuel cell technologies and products, which are stationary in nature and are used for power generation. Combined Heat and Power-based Fuel Cell Systems Offer Huge Growth Potential Rising concerns about the security of fuel supply and the need to reduce dependence on oil are the key factors driving the growth of fuel cells in the European energy industry. Fuel cells demonstrate electrical efficiencies The efficiency of an entity (a device, component, or system) in electronics and electrical engineering is defined as useful power output divided by the total electrical power consumed (a fractional expression). In power systems, use of steam for both power generation and heating. High-temperature, high-pressure steam from a boiler and superheater first passes through a turbine to produce power. mode, fuel cell systems can achieve an electrical efficiency of about 80 to 85 percent. With higher efficiencies and better benefits, cogeneration or combined heat and power (CHP CHP Chapter CHP Combined Heat and Power CHP California Highway Patrol CHP Cumhuriyet Halk Partisi (Turkish: Republican People's Party) CHP Chemical Hygiene Plan (OSHA) CHP Community Health Plan )-based fuel cell systems are expected to lead the stationary fuel cells market during the initial years of its commercialisation. "Fuel cells are expected to play a pivotal role in the energy industry due to their high electrical efficiencies and the environment-friendly benefits they offer," notes the analyst of this research service. "Concerns related to the security of fuel supply, coupled with the increasing need for air pollution and emission control The selective and controlled use of electromagnetic, acoustic, or other emitters to optimize command and control capabilities while minimizing, for operations security: a. detection by enemy sensors; b. mutual interference among friendly systems; and/or c. , strengthen the case in favour of fuel cells as the preferred form of distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or technology." Product Innovation and Competitive Pricing Crucial for Market Development In the last few years, European fuel cell manufacturers have been in the process of developing and demonstrating their systems. However, the industry is awaiting a technological breakthrough that will define enhanced product offerings at competitive price levels and aid in a smooth transition from the demonstration and product development phase to the commercial stage. At present, reliability and durability of fuel cells pose a major hurdle. The lack of robustness reduces the performance of fuel cell systems in comparison to traditional technologies with proven record. Moreover, high capital and operating costs operating costs npl → gastos mpl operacionales are a major deterrent de·ter·rent adj. Tending to deter: deterrent weapons. n. 1. Something that deters: a deterrent to theft. 2. to the commercialisation of fuel cells, as customers are awaiting cost reduction for an enhanced value proposition. "The stationary fuel cell market is presently in the demonstration and product validation stage, where focus is on product development, as well as customer feedback in order to understand their requirements and enhance product solutions," explains the analyst. "In the future, product innovation, coupled with process improvements will result in increased robustness of fuel cell systems and reduced costs. Continued and dedicated efforts in the research of new materials, improved manufacturing processes and augmented process capabilities will influence market success." This will enable a smooth transition to the commercial stage. The market is also expected to witness strategic alliances and partnerships of system manufacturers with utilities, as well as component suppliers. This will assist in the development of a complete fuel cell product portfolio that meets customer requirements. Topics Covered: - Total European Stationary Fuel Cells Market - European Molten Carbonate Fuel Cells Market - European Solid Oxide Fuel Cells Market - European Proton Exchange Membrane Fuel Cells Market - Other Fuel Cells Market For more information, visit http://www.researchandmarkets.com/reports/c48058 |
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