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Article: Huge Growth Potential for the Fuel Cells Market due to Energy Efficiency and Environmental Concerns.
- Article from:
- PR Newswire Europe
- Article date:
- January 18, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LONDON, January 18 /PRNewswire/ -- Consistent R&D efforts are expected to yield dividends as fuel cells emerge as the preferred distributed generation technology, and to play a dominant role in redefining the European energy industry in the future. Since combined heat and power (CHP)-based fuel cell systems offer significant prospects for market expansion, current R&D efforts are focused on attaining technological breakthroughs that will result in enhanced product offerings at competitive price levels.
Frost & Sullivan (http://www.energy.frost.com) finds that the European Stationary Fuel Cells Market is expected to achieve commercialisation by the end of this ...