NewEnergyNews: FUEL CELL MRKT GROWING WORLDWIDE

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    Founding Editor Herman K. Trabish

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  • Samantha Bee: Ryan Zinke Is No Teddy Roosevelt
  • Wind Energy Is Magical And Real
  • The Climate Change-Human Health Connection

    Friday, August 16, 2013

    FUEL CELL MRKT GROWING WORLDWIDE

    Fuel Cells Annual Report 2013; Market Development for Fuel Cells in the Stationary, Portable, and Transport Sectors

    3Q 2013 (Navigant Research)

    “The increased focus on creating resilient, distributed energy systems is driving a modest growth spurt in the global fuel cell industry. The industry broke the $1 billion mark in revenue from the sale of fuel cell systems in 2012, on shipments of 124 MW, up 40 MW from 2011. Although the stationary sector continues to be the industry powerhouse, the transportation sector is picking up in terms of volume…[T]he three most important influences on the rate of adoption of fuel cell systems are the requirement for more resilient energy systems, the cost of diesel fuel, and government policies. The last factor will continue to largely determine the market’s direction over the next 5 years...” click here for more

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