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Fuel cell industry grows despite COVID-19

Fuel cell industry grows despite COVID-19

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E4tech Fuel Cell Industry Review

In March 2021, the new Fuel Cell Industry Review 2020 was published, complete with market data and detailed analysis. Since 2014, the team led by E4tech has been contacting fuel cell companies from across the globe, aggregating their shipment figures and producing an independent report each year on the current state of the fuel cell sector. Several extracts are provided here.

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2020 was not the year many of us expected. But despite the very difficult situation brought about by COVID-19, fuel cell shipments continued to rise. The increase was much less than we anticipated at the end of 2019, both because of supply chain disruption and local economic slowdown, but is a very encouraging sign.

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EU Adopts PACE

EU Adopts PACE

The EU has decided to continue subsidizing fuel cell heating systems. The Fuel Cells and Hydrogen Joint Undertaking (FCH JU) announced that on June 1, 2016, the European Union launched the PACE project (Pathway to a Competitive European FC mCHP market) with incentives worth EUR 34 million. Its aim is to have more than 2,650 micro-CHP systems installed at non-field test customers by February 2021 to support market ramp-up. At the same time, a monitoring project should provide the feedback needed to enhance any further developments. (more…)