2008 Fuel Cell Technologies Market Report

Technical Report · Tue Jun 01 00:00:00 EDT 2010

DOI:https://doi.org/10.2172/984199· OSTI ID:984199

DOE,

Fuel cells are electrochemical devices that combine hydrogen and oxygen to produce electricity, water, and heat. Unlike batteries, fuel cells continuously generate electricity, as long as a source of fuel is supplied. Moreover, fuel cells do not burn fuel, making the process quiet, pollution-free and two to three times more efficient than combustion. Fuel cell systems can be a truly zero-emissionsource of electricity, if the hydrogen is produced from non-polluting sources. Global concerns about climate change, energy security, and air pollution are driving demand for fuel cell technology. More than 630 companies and laboratories in the United States are investing $1 billion a year in fuel cells or fuel cell component technologies. This report provides an overview of trends in the fuelcell industry and markets, including product shipments, market development, and corporate performance. It also provides snapshots of select fuel cell companies, including general business strategy and market focus, as well as, financial information for select publicly-traded companies.

• Research Organization: National Renewable Energy Lab. (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE)
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 984199
• Report Number(s): NREL/TP-6A2-48219; DOE/GO-102010-3080; TRN: US201015%%1107
• Country of Publication: United States
• Language: English

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08 HYDROGEN
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
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COMBUSTION
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HYDROGEN
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OXYGEN
PERFORMANCE
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fuel cells
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