Tauriga Sciences Inc (fka TAUG)

[2bStealthy]

Global stationary fuel cell revenue will grow from $1.4 billion in 2013 to $40.0 billion in 2022...

Stationary Fuel Cells

Fuel Cells for Prime Power, Large CHP, Residential CHP, and UPS Applications: Global Market Analysis and Forecasts

The stationary fuel cell industry continues to be the poster child of the entire global fuel cell sector. Focus on grid stability is increasing and the costs associated with natural disasters are rising. As a result, the use of fuel cells as small distributed power plants for grid stabilization or backup is moving forward faster than any other sector in terms of megawatts.

The principal drivers for adoption continue to be focused on the shifting economics of adoption and the increased need for more reliable power, as well as increased financing options. Since different countries are facing different pain points, in terms of power and power availability, the adoption costs of distributed generation (DG) technologies, including fuel cells, are also different. The core application segments of prime power, large combined heat and power (CHP), residential CHP (resCHP), and uninterruptible power supply (UPS) continue to grow, albeit at different paces. In addition, the stationary fuel cell industry is still led by a small number of companies, as just 20 key system players accounted for over 95% of revenue at the end of 2013. Navigant Research forecasts that global stationary fuel cell revenue will grow from $1.4 billion in 2013 to $40.0 billion in 2022.

This Navigant Research report analyzes the global market opportunity for stationary fuel cells across four key application segments: prime power, large CHP, resCHP, and UPS. The study provides a comprehensive assessment of the demand drivers, business models, and policy factors associated with the rapidly developing market for stationary fuel cells. Global revenue and capacity forecasts, segmented by application, region of manufacture, and electrolyte type, extend through 2022. The report also examines the main technology issues related to stationary fuel cells and includes in-depth profiles of key industry players.

http://www.navigantresearch.com/research/stationary-fuel-cells