Planar Solid Oxide Fuel Cells Key To Improving Stationary Power Generation

The planar solid oxide fuel cell market is expected to demonstrate a CAGR of 11.4% during the forecast period. Additionally, the implementation of strict government laws and regulations regarding greenhouse gas emissions, along with the high energy prices, are adding significantly to the market size.

Planar solid oxide fuel cells offer benefits such as fuel adaptability and extremely low levels of sulfur oxide (SOx) and nitrogen oxide (NOx) emissions. Because of these advantages, these fuel cells are being widely adopted in industries such as chemicals, power generation, and automobile. To cater to the increasing application base of this technology, companies such as Ceres Power Holdings plc, Chevron Corporation, Ballard Power Systems Inc., Ultra Electronics Holdings plc, and Convion Ltd. are launching new and better planar solid oxide fuel cells.

Based on component, the planar solid oxide fuel cell market is categorized into planar cells, manifolds, separator cells, seals, and others. Among these, the category of planar cells accounted for the largest market share in 2015. Even during the forecast period, the demand for planar cells is expected to be the highest, because they are the most imperative component of planar solid oxide fuel cells and their application is increasing across industries.

The depletion of fossil fuels has increased the focus on renewable sources of energy, which has, in turn, boosted the deployment of planar solid fuel cells.

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