PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1522935
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1522935
Analyzing the techno-economic advantages of implementing HTFC technologies for a low-carbon future
The increasing demand for decentralized power generation, supportive government policies, and the progress of the hydrogen economy will drive the growth of the high-temperature fuel cells (HTFC) industry for decentralized power generation. The focus on energy independence and security across the residential, commercial, and industrial sectors for reliable and clean power generation has increased the role of HTFC technologies as a primary and backup power device.
HTFCs operating at temperatures above 500°C are less prone to carbon monoxide poisoning and utilize non-precious metals, offering fuel flexibility and internal reforming capabilities. Solid-oxide fuel cell (SOFC) technology dominates the HTFC technologies landscape, followed by molten-carbonate fuel cell (MCFC) technology. Globally, manufacturers are focusing on improving durability and lifespan and reducing the cost of HTFC systems for combined heat and power (CHP) generation applications.
The United States, South Korea, and Japan are leaders in the development and deployment of HTFCs for CHP generation and baseload power generation applications, followed by the European Union, which is demonstrating growing interest and implementing strategic initiatives.
This Frost & Sullivan study covers the following topics:
It offers a technology overview of SOFC and MCFC technologies.
It provides a comparative analysis of low-temperature and high-temperature fuel cell technologies and discusses the technological performance of HTFC-based micro-CHP units.
The study also evaluates key growth opportunities, growth drivers and restraints, important innovators in the industry, and the patent landscape.