By G. Weaver
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Extra info for World Fuel Cells - An Industry Profile with Market Prospects to 2010
Whilst PEMFC costs will also fall below the PAFC costs, their lower e⁄ciency and low temperature of 26 World Fuel Cells 3 Market Figures and Forecasts to 2010 operation, making them less suitable for cogeneration use, will limit their share of this market sector. Whilst the liberalisation of the energy markets has created the potential for distributed/decentralised power generation systems, the liberalisation has also resulted in very low energy prices. This is a restraining factor on actual new investment, particularly in new immature technologies, and makes the capital cost of the equipment a key factor.
Daimler-Benz introduced its ¢rst fuel cell vehicle, NECAR (New Electric Car) 1 in 1994, based on a standard Mercedes-Benz MB 100 van. The components for power generation, the hydrogen gas cylinders and the measuring instruments 36 World Fuel Cells 4 Market and Application Analysis occupied so much room that only the seats for the driver and front passenger remained available. NECAR 1 also required 12 fuel cell stacks to provide an electrical output of 50 kW. Two years later, NECAR 2 was able to provide enough room for six people, with all the fuel cell technology underneath the rear seat of a Mercedes-Benz V-Class van.
The US DOE has set the fuel cell system cost targets of US$125/kW by 2008 and US$45/kW by 2012. Ballard has reported that it expects a cost of US$120/kW when the company starts volume production of automotive fuel cell engines in 2008. 24 World Fuel Cells 3 Market Figures and Forecasts to 2010 The use of fuel cells to provide auxiliary power for cars is under development, with both SOFC and PEMFC technology being used. Cost is the major factor and it is not until the end of the decade that fuel cell APUs are likely to be introduced.