Although numerous critics had hardly thought it possible anymore because of years-long delays, fuel cell heating systems have entered the market. Several manufacturers of heating appliances have added power and heat units running on natural gas to their portfolio. One of them is Thermondo, a young heating installation company operating across Germany, which has been offering condensing boilers since last year.
Around 40% of the final energy in Germany is consumed by the building sector. About 85% of it is used for heating and hot water preparation. However, many heating boilers both in the private and public sector are outdated. Installing an efficient fuel cell heating system could save a great deal of energy and reduce CO2 emissions.
Elcore, a manufacturer of fuel cell heating systems, had already elevated Sascha Kuhn to a board position at the beginning of this year. The former CEO of Bayerngas Energy Trading is expected to use his management skills to advance the growth of the company located in Munich, Germany. Kuhn has had longtime experience in the energy industry and is considered a specialist in helping growth-phase businesses. At Elcore, he has taken over the commercial tasks at board level.
The Fuel Cells Working Group in the German Engineering Federation (VDMA) has presented its new Fuel Cell Business Survey. To gather the latest data, the working group completed a survey of approximately 60 members and calculated representative figures on the basis of 40 substantial answers. According to the comments made by the director of the working group Johannes Schiel, “2014 didn’t go so well”. The turnover in the fuel cells industry in Germany with commercially available FC heating devices and power supply systems in 2014 was only a moderate EUR 70 million, after EUR 50 million in 2013. As, according to Schiel, these figures correspond