The stationary fuel cells market is projected to reach USD 14.3 billion by 2020. It had attained revenue worth USD 1.2 billion in 2013. High growth is expected in the market due to demand for power that requires natural gas. Stationary fuel cells will be charged with hydrogen manufactured from solar farms. Big box retailers like WalMart, Verizon, and other data centers adopting it early will give an impetus to the market growth.
Stationary fuel cells are used to provide supplementary power in case of emergencies. They are a viable method of storing and supplying energy in critical situations. Distributed energy generation systems require modest installations and provide 24/7 load. Stationary fuel cells generate energy on-site and eliminate any dependency of energy distribution systems. The stationary fuel cells market requires government sponsorship to raise consumer awareness required for its growth.
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Applications of stationary fuel cells market are UPS (uninterrupted power supply), micro combined heat and power (mCHP), and emergency power systems. UPS provides auxiliary power when the primary source of electricity is cut off or unavailable. It provides protection from constant power interruptions and prevents data loss. UPS units are primarily used for this reason in data centers and computer networks. Emergency power systems include generators and other backup systems that provide energy when regular systems fail. mCHP is a distributed energy resource used in homes or small businesses. It uses less than 5 kWe and converts energy to heat and electricity.
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