To: see clearly now who wrote (75 ) 8/24/1999 8:50:00 PM From: Scoobah Respond to of 79
Stationary Fuel Cells on the Brink - Installed Base to Grow to $20 Billion by 2010, ABI Says OYSTER BAY, N.Y., Aug. 24 /PRNewswire/ -- Among the various emerging energy technologies being rapidly developed and deployed, fuel cells will be the leader in the evolving worldwide distributed generation industry, according to a new report from Allied Business Intelligence, Inc. Substantial financial, marketing, and organizational resources are currently being devoted to fuel cell technology, driving the nascent market from approximately $40 million in 1999 to over $10 billion by 2010, according toABI findings. The US and global markets for the leading fuel cell technologies producing from 50 W to 30 MW, including phosphoric acid, proton exchange membrane, alkaline, molten carbonate, solid oxide, and zinc-air, are examined in ABI's latest annual study: ``US and Global Stationary Fuel Cell Markets -- The Next Decade Defined.ïï While the only current successful commercial vendor of fuel cell product is Connecticut-based ONSI Corp, a number of companies are beginning to release products. Many of the market entrants are backed by large international energy and power production equipment firms. ``Although power from early fuel cells costs more than power from other generators, a number of applications can be identified in which price is not the key determinant,ïï said ABI senior analyst Mike Kujawa. ``Markets for reliable power and quality power are potential areas of use for the technology, as are applications involving industrial waste hydrogen, wastewater treatment gas, and agribusiness animal waste gas.ïï Regions of the US with high power rates or no grid access are being targeted by companies that produce low power fuel cells. These systems can use natural gas and propane to provide the electricity, hot water and building heat for single family homes and small businesses. The markets will expand into power supplies for vacation homes and cabins, remote villages and islands,telecommunications relay towers, industrial plants, military bases, and more. The report covers competition with other emerging distributed generation technologies such as microturbines and Stirling engines, as well as the combination of fuel cells with microturbines, wind turbines, and photovoltaics in an effort to build extremely high efficiency power supplies or totally renewable systems. The appropriateness of hydrolysis systems versus zinc-air fuel cells in power only-applications is also examined. SOURCE: Allied Business Intelligence, Inc.