Stationary fuel cells are emerging as a clean, reliable, and efficient electricity source for homes and businesses given their ability to generate power through electrochemical reactions. The deployment of fuel cells for stationary applications like off-grid power can ensure high energy conversion efficiency with less particulate and harmful gas emissions.
Stationary Fuel Cell Market size is poised to surpass USD 4.4 billion by 2030. With delivering clean energy as a major focus, several engineering and technology companies are taking key initiatives to bolster the availability of fuel cell technologies for myriad applications and enabling them to become a reliable backup power source.
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Development of Bosch’s solid oxide fuel cells for industrial and commercial applications
Technology firms are putting greater emphasis on the consistent delivery of electrochemical devices for varied industrial and commercial applications worldwide. For instance, in April 2022, Bosch announced the development of a new stationary solid oxide fuel cell system and its plan to ramp up production in 2024.
The system runs on hydrogen, natural gas, biomethane, and different blending, has an electrical efficiency of above 60% and an overall efficiency of more than 85%. Moreover, it has a targeted electricity output of 10-kW and can generate over 3-kW of thermal energy, thus contributing to the development of the stationary fuel cell industry.
Installation of Honda’s stationary fuel cell power station for data centers and other facilities
To rapidly create and advance clean power generation systems for commercial customers and help meet the global carbon neutrality targets of corporate activities and products by 2050, power equipment manufacturers are gearing toward installing new fuel cell systems.
For example, in March 2022, Honda announced its plan to install a stationary fuel cell power station in Torrance, California by early 2023. This station was aimed at serving as a proof of concept for the commercialization of power generation units to act as a zero-emission backup source of power for data centers and other facilities.
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Launch of GenSure’s zero-emission fuel cell systems for commercial facilities
There has been an increasing need for cost-effective and reliable solutions for commercial facilities to upgrade their backup power systems and deploy sustainable solutions to support critical megawatt systems. In line with this, Plug Power Inc. launched its zero-emission GenSure HP platform, a stationary fuel cell system product line in July 2020, designed for high power, large-scale backup power applications.
This high-power platform was developed to offer a reliable solution for data centers, microgrids, energy storage systems, and other commercial facilities, opening up lucrative growth opportunities for stationary fuel cell market contenders.
The Prominent key Players in the market include Cummins, Ballard Power, Plug Power, Posco Energy, SFC Energy, GenCell Ltd., Fuel Cell Energy
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