Request a call

Fuel cell market research

Print

Fuel cell market research

Analysts of the Industrial Information Agency carried out a study of the fuel cell market and prospects for its development in Russia.

Fuel cell – it is a device that efficiently generates direct current and heat from hydrogen-rich fuel through a silent electrochemical reaction.

Fuel cells have a number of unique advantages, such as:
• Fuel cells can continuously generate electricity as long as they have a supply of fuel and air.
• Unlike other power generators such as internal combustion engines or turbines running on gas, coal, fuel oil, etc., fuel cells do not burn fuel.
• The only product of fuel cell operation is water in the form of steam

Due to their unique advantages, fuel cells are becoming increasingly popular and in demand in the electricity source market.

So, according to various estimates, about 32,000 fuel cells are produced in the world today.

According to the Samsung Advanced Institute of Technology (SAIT), by the end of 2011, the fuel cell market will grow by almost 6 times compared to 2006 (from $125 million to $725 million).

According to experts, the potential need for only 50-100 kW fuel cells (automotive sector) is up to 500 thousand units annually.

Russia, with its vast expanses and the richest deposits of natural gas, is one of the most promising and capacious markets in the world for hydrogen technologies and fuel cells, as well as decentralized distributed energy supply systems based on them. See the Industrial Information Agency report for more details.

Russia, with its vast expanses and the richest deposits of natural gas, is one of the most promising and capacious markets in the world for hydrogen technologies and fuel cells, as well as decentralized distributed energy supply systems based on them.

For more details, see the report of the Industrial Information Agency: "Fuel cell market research and prospects for its development in Russia".