Tuesday, July 14, 2015

Solid oxide fuel cells Market Trends | potentially long life expectancy (4000-8000hr)

Solid oxide fuel cells (SOFCs) are best for stationary power. It uses a solid ceramic as the electrolyte and utilizes hydrocarbons and CO as fuel. 

These cells operate at a very high temperature, which allows the use of non-precious metal as a catalyst. SOFCs don’t contain any noble metals that could be problematic in resource availability and price issue in high volume manufacture. These cells have extremely low emission of carbon monoxide.

The report “Solid Oxide Fuel Cells (SOFCs) Market Forecast 2014-2019”, analyses the market in terms of geography. In terms of geography, the segmentation of the market covers North America, Europe, Asia, and Rest of the world.

Fuel cells allow more KWH storage than batteries of same weight, that’s why it is preferred as a replacement of batteries. There is also rise in investment from Governments and companies towards this industry since last decade. Fuel cells are also flexible because it allows variety of fuels like natural gas, and biogas. The sun and the wind are sources of energy. The above factors are driving this market to grow.

Solid oxide fuel cells have a potentially long life expectancy (4000-8000hr). It is simple in design and high in stability. SOFCs are flexible in the choice of fuels.

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