The fuel cell sector is now at a point where, if all government policy related to stationary fuel cells was carried out, the global market potential would surpass three gigawatts (GW) in 2013, and increase to more than 50 GW by 2020, according to a new report from Pike Research, a part of Navigant’s Energy Practice.
Over the last year, the stationary fuel cells sector has seen a sharp increase in market demand created by government policy initiatives, according to a report from Navigant Research. The firm forecasts that annual revenue from stationary fuel cells will grow from $1.7 billion in 2013 to $9 billion in 2022.
Photos from the 2013 ACCA Conference & IE3 Expo in Orlando, Fla.
Podcasts
Cade Clark, assistant vice president of government affairs for the Air-Conditioning, Heating & Refrigeration Institute (AHRI), gives a brief overview of the new version of the Shaheen-Portman bill, what AHRI thinks of the energy-efficiency legislation, and how it might affect the HVACR industry if it becomes law.
With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.
DON'T MISS A THING
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.