Fuel Cell Technology Applications and Early Stage Commercialization in the Construction Industry
This research report examines the commercialization barriers and accelerators surrounding fuel cell technology in the construction industry. The top emerging applications are utilities, the green house industry, data centers, municipal facilities, multi unit residences, and single-family residences.
Key Findings:
Market Situation:
Major applications are on-site portable power and stationary power integrated into the infrastructure
The fuel cell industry has followed a typical ‘hype cycle’ pattern, delaying adoption in the construction industry
Competition of alternative energy supplies: Wind and Solar
Market Analysis:
5 major buyer requirements for fuel cells are:
Cost and capacity
Integration and support
Reducing greenhouse gas emissions
By-products (CO2 and hot water)
Energy storage
Key Recommendations:
Further study
Standardized method of assessment to determine benchmarks for commercialization
Incentives to develop fully integrated products and services
Utility and government collaboration
Most importantly, a budget for demonstration projects