Market Research Report
Hydrogen Power Generation Technologies - Hydrogen Gas Turbine and Stationary Fuel Cell Capacity and Revenue: Global Market Analysis and Forecasts
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||1018977|
|Published||Content info||43 Pages; 37 Tables, Charts & Figures
Delivery time: 1-2 business days
|Hydrogen Power Generation Technologies - Hydrogen Gas Turbine and Stationary Fuel Cell Capacity and Revenue: Global Market Analysis and Forecasts|
|Published: July 15, 2021||Content info: 43 Pages; 37 Tables, Charts & Figures||
The market for hydrogen power generation technologies is transitioning toward maturity and wider adoption, buoyed by improving economics, growing government support, and demand for clean and reliable power. Since around 2016, the hydrogen economy has gained significant momentum as countries, cities, organizations, and industries look to decarbonize. The emergence of commercially viable hydrogen vehicles and massive investments in electrolyzers for green hydrogen production have pushed hydrogen's potential to new levels. Although hydrogen's role in the power sector accounts for less than 1% of electricity production, hydrogen power generation technologies are increasingly being entertained as viable power solutions as the hydrogen economy grows.
This report focuses on the market potential for hydrogen power generation technologies including gas turbines and several types of stationary fuel cells. Stationary fuel cells are more commercially established than hydrogen gas turbines but have limited levels of deployment. The stationary fuel cell market defined by this report includes molten carbonate fuel cells (MCFCs), phosphoric acid fuel cells (PAFCs), solid oxide fuel cells (SOFCs), proton exchange membrane fuel cells (PEMFCs), and alkaline fuel cells (AFCs).
This Guidehouse Insights report analyzes the global market for hydrogen power generation technologies based on geographic region. The study provides an analysis of current market issues, opportunities, drivers, and key market players regarding electrolyzers. Global market forecasts for capacity and revenue extend from 2021 through 2030.