Growing grid resiliency concerns are driving demand for reliable and fuel flexible distributed power generation technologies
BOULDER, Colo., Jan. 5, 2023 /PRNewswire/ — A new report from Guidehouse Insights examines the global market for stationary fuel cells (SFCs). SFCs provide a range of distributed energy services to critical infrastructure sites, industrial facilities, and other end-users, from protecting large energy consumers against grid outages to delivering sustainable process heat.(PRNewsfoto/Guidehouse Insights)SFCs remain a niche power generation technology, with uptake heavily concentrated in a handful of markets: the US, Japan, South Korea, and parts of Europe. According to a new report from Guidehouse Insights, annual SFC deployments are expected to increase from 475.2 MW in 2022 to 1,206.0 MW in 2031 at a compound annual growth rate (CAGR) of 10.9%.”In comparison…
Guidehouse Insights Estimates Global Market for Stationary Fuel Cells Will Grow to 1,206 MW in 2031 at a Compound Annual Growth Rate of 11%
