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T he long-awaited commercialization of fuel cells finally got under way last year, according to Fuel Cell Today's newly published 2008 Industry Review, Fuel Cells: Commercialisation. The report says that in the last year the fuel cell industry has seen a growth of 75% in new units delivered, with some 12 000 fuel cell units shipped during 2007.
FCT's analysts believe that the current global manufacturing capability for fuel cells is around 100 000 units per annum, with a quarter of this from companies exclusively focused on the development of hydrogen and fuel cell technologies.
The Fuel Cell Industry Review offers a concise summary of worldwide fuel cell activity. As well as information on legislation, finance, applications and key fuel cell companies, the review includes -for the first time -FCT's forecasts of fuel cell shipments for the next two years. The forecasts include data by geographical region, fuel cell technology type and end-use application.
The last three years have seen the commercialization of a number of fuel cell products at the luxury end of the market. Currently, fuel cells are relatively expensive, and there are a number of issues still outstanding in terms of research,
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