Fuel cell industry


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Fuel cell industry

  1. 1. Fuel Cell Industry
  2. 2. Fuel Cell A fuel cell is an electrochemical cell that converts a source fuel into an electrical current and water. It generates electricity inside a cell through reactions between a fuel and an oxidant, triggered in the presence of an electrolyte. The reactants flow into the cell, and the reaction products flow out of it, while the electrolyte remains within it. PEM, SOFC, AFC, DMFC are types of Fuel cells. Source: http://en.wikipedia.org/wiki/Fuel_cell
  3. 3. How Fuel Cell Works Source: http://www.bloomenergy.com/products/solid-oxide-fuel-cell-animation/
  4. 4. Fuel Cell Advantages Fuel cells eliminate pollution caused by burning fossil fuels; the only byproduct is water. If the hydrogen used comes from the electrolysis of water, then using fuel cells eliminates greenhouse gases. Fuel cells do not need conventional fuels such as oil or gas and can therefore eliminate economic dependence on politically unstable countries. Since hydrogen can be produced anywhere where there is water and electricity, production of potential fuel can be distributed. Installation of smaller stationary fuel cells leads to a more stabilised and decentralised power grid.
  5. 5. Fuel Cell Disadvantages Fuelling fuel cells is still a problem since the production, transportation, distribution and storage of hydrogen is difficult. Reforming hydrocarbons via reformer to produce hydrogen is technically challenging and not clearly environmentally friendly. The refuelling and the starting time of fuel cell vehicles are longer and the driving range is shorter than in a “normal” car. Fuel cells are in general slightly bigger than comparable batteries or engines. However, the size of the units is decreasing. Fuel cells are currently expensive to produce, since most units are hand-made. Some fuel cells use expensive materials. The technology is not yet fully developed and few products are available. Source: http://www.fuelcelltoday.com/media/pdf/education-kit/Advantage-Disadvantages.pdf
  6. 6. Bloom Box - Revolutionary Fuel Cell Developer: Bloom Energy Technology: The potential uses a series of discs, made from zirconium oxide and coated in special inks, to induce a chemical reaction that turns natural gas, among other fuels, into electricity. Source: http://www.economist.com/business-finance/displaystory.cfm?story_id=15580848
  7. 7. Bloom Box Technology With low cost ceramic materials, and extremely high electrical efficiencies, SOFCs can deliver attractive economics without relying on CHP. Bloom has solved these engineering challenges. With breakthroughs in materials science, and revolutionary new design, Bloom's SOFC technology is a cost effective, all-electric solution. Over a century in the making, fuel cells are The patents for fuel cells far exceed those than other sources of green finally clean, reliable, and most importantly, power affordable. Source: http://www.economist.com/business-finance/displaystory.cfm?story_id=15580848
  8. 8. Fuel Cell Industry Outlook for 2008 Fuel cell markets have grown continuously in the 2000’s. 2008 was the record year, as the deliveries amounted to 18,000 units, 50 % up from the 2007 figure (12,000). Total sales of the fuel cell units amounted to c. 500 million $US (350 million €) in 2008. The growth took place in all the main market sectors (stationary / transport / portable), but was mainly made by a few demand-driven niche products. Source: http://akseli.tekes.fi/opencms/opencms/OhjelmaPortaali/ohjelmat/Polttokennot/fi/Dokumenttiarkisto/Viestinta_ja_aktivointi/ Seminaarit/2009/Vuosiseminaari_15.9.2009/Jumppanen.pdf
  9. 9. Fuel Cell Industry Outlook for 2009-12 Demand for clean, low emission energy production technologies is favoring fuel cell development, which fact has not been implemented almost at all Fuel cell development should therefore seek more intensive co-operation with wind, solar, geothermal and other new energy developments The 2008 market forecasts for 2009-12 (FCT and others) look by far to optimistic today. The market is likely to grow slowly (20-30 % a year) in 2009 - 10, but possibly speed up significantly thereafter . Source: http://akseli.tekes.fi/opencms/opencms/OhjelmaPortaali/ohjelmat/Polttokennot/fi/Dokumenttiarkisto/Viestinta_ja_aktivointi/ Seminaarit/2009/Vuosiseminaari_15.9.2009/Jumppanen.pdf
  10. 10. Global Value for Fuel Cell Source: http://www.associatedcontent.com/image/823060/index.html?cat=15
  11. 11. Fuel Cell Investments Global fuel cell industry is attracting a large pool of investments primarily due to the huge demand potential the industry possesses. Source: http://www.altenergymag.com/emagazine.php?art_id=1468
  12. 12. Fuel Cell Industry Trends The global fuel cell industry is expected to generate more than $18.6 billion in 2013. Fuel cell sales will come from three main market applications: automotive, stationary, and portables. Projected sales could generate nearly $35 billion if market conditions improved for automotive fuel cells." A new battleground is the residential or small stationary market. Mass-market adoption in the Asia Pacific is forecast to take off by 2015 for stationary fuel cells, and by 2020 for portable fuel cells. Emerging fuel cell applications in the areas of transportation, industry, the home, and consumer products speak to the enormous potential for this technology. Source: http://www.energybusinessreports.com/shop/item.asp?itemid=790
  13. 13. Major Markets for Fuel Cell Development Canada is recognized as a fuel cell industry leader, along with the US, Germany and Japan. United States : The U.S. government proposes spending $2.7 billion over the next five years for hydrogen and fuel cell research and development and advanced automotive technologies. Japan European Community : Estimated $2.5 billion will be dedicated to fuel cells and hydrogen initiatives. Target of five percent of European Community road transport to be hydrogen-powered by 2020 Germany : Current annual funding for fuel cell and hydrogen initiatives totals approximately $58 million. Singapore : The government has established the Singapore Initiative in Energy Technology Program (SINERGY), which aims to make Singapore a leading player in the development of alternative energy technology. Source: http://www.ic.gc.ca/eic/site/hfc-hpc.nsf/eng/mc00008.html
  14. 14. Fuel cell is a Major Green Tech Investment Thank You