The current adoption of hydrogen as a source of energy is not widespread, but it is an excellent way to store renewable energy energy. Many countries see its potential and are investing heavily in it to make it viable as the fuel of the future. In 2020 the value of the global market for hydrogen was already estimated to be over $120 billion.
Europe has made clear the importance of hydrogen in their future with initiatives to integrate it into the energy sector. By 2050 there are plans to invest around €180 to €470 billion into hydrogen. By that time hydrogen is projected to make up almost a quarter of the world’s demand for energy.
Currently there is a growing global demand for clean energy, but the clean energy technologies available on the market right now are not enough to meet this demand, especially so in the residential sector. To meet this growing demand for clean energy a company called Alkaline Fuel Cell Power is developing hydrogen fuel cells tailored for adoption in the residential markets.
Like other hydrogen fuel cells, the fuel cells designed by Alkaline Fuel Cell Power take in hydrogen and produce electricity and heat with water as the only by-product. Hydrogen fuel cells are great for the environment as they do not emit any harmful gasses and if fueled by green hydrogen they have a net-zero effect on the environment.
What makes Alkaline Fuel Cell Power’s fuel cells different however, is that the components used are made from more common materials than others on the market. This makes the fuel cells made by Alkaline Fuel Cell Power affordable to residential and smaller commercial buyers and allows them to be manufactured on a large scale.
Alkaline Fuel Cell Power technology may just be the answer to the growing clean energy demand in the consumer market. As of now, Alkaline Fuel Cell Power is developing a working prototype of their 4kW system and plans to make them available for purchase in 2027.