Alkaline Fuel Cell Power Developing Fuel Cell to Answer Market Demand
Hydrogen fuel cells are small power plants that produce electricity and heat while emitting no CO2. Analysts believe that clean hydrogen might supply 24 percent of global energy consumption by 2050, thus the potential usage of hydrogen fuel cells could be incredibly vast. In Europe, clean energy has become a major problem. Legislation and capital sources are putting pressure on the government to take action.
The energy storage technology options presently available are far too costly for use in household applications. Alkaline Fuel Cell Power” micro-CHPs, on the other hand, are designed to use lower price materials in manufacturing than what is currently available, making them more affordable to the consumer market. Designed to meet the growing demand for sustainable energy among consumers, specifically for home use and small-to-medium power sector applications, Alkaline Fuel Cell Power’s fuel cells use nickel, graphite, and plastic in the production process. Alkaline Fuel Cell Power expects this to increase the possible production volume.
The global hydrogen generation market is estimated to be worth USD 120 billion. Hydrogen adoption is still modest, but governments throughout the world have great ambitions for it as a cleaner energy source. By 2050, Europe’s cumulative investments in renewable hydrogen are estimated to be up to €180-470 billion, and €3-18 billion for low-carbon fossil-based hydrogen.
Because technology available presently is not capable of meeting market requirements, the demand for zero-emission technologies is not being met. To fill this niche Alkaline Fuel Cell Power is currently working on building their first 4 kW system in a laboratory setting, with plans for such fuel cells to be commercially accessible in 2024. The hydrogen fuel cells produced by Alkaline Fuel Cell Power do not use the combustion process, are practically silent, do not vibrate, and produce only clean water as a by-product of their operation.