As the fuel cell industry shifts from the research and development phase to early commercialization around the world, the technology’s energy generating capacity will enjoy unprecedented growth over the next decade, according to a study by Allied Business Intelligence (ABI). The study predicts that the capacity will increase from its 2002 total of 45MW to 16,000MW by 2012.
“Global Stationary Fuel Cell Markets: A Detailed Analysis of an Emerging Industry” identifies early potential opportunities in markets that can see deployment from 50W to 30MW in the United States and worldwide. The study also notes that quality power and industrial power supply markets are expected to see higher growth rates than residential markets.
The study is available from the company’s Web site.