Jan 30 2011
Research and Markets releases a new report on the global fuel cells market. The report – ‘Fuel Cells - Global Market Size, Technology Road - Map, Regulations and Competitive Analysis to 2020’ is an analysis of the fuel cells market. The competitive scenario, key trends, major issues and growth opportunities are analyzed in this report.
Fuel cells are a promising source of clean, green technology with an almost zero-emission source of power. Being quiet in operation, it also reduces noise pollution. Water is the only byproduct that the fuel cell produces. Fuel cells do not use fossil fuels. When comparing efficiency, these cells fare better than combustion engines. Fuel cells operate from a fuel-to-electricity efficiency of 40% to 60% and for co-generation purposes the efficiency of fuel cells can be as high as 85%.
Proton Exchange Membrane (PEM) and Solid Oxide Fuel Cells (SOFC) are two types of fuels cells. PEM fuel cells are used to transport vehicles as they meet emission legislations and operating temperature requirements. These cells can be used to power planes, trains, boats, buses, cars, scooters and fork lifts. Research on commercial fuel cell vehicles is on across the globe. SOFC’s are used to power auxiliary power units and stationary applications.