Alkaline Fuel Cell Power: Advancing Hydrogen in the Energy Industry

The global market demand for hydrogen generation is booming as many countries begin investing in hydrogen as a source of green energy. Governments all over the world are now investing in the future of hydrogen, with its global market being valued at $120 billion in 2020. Meanwhile, the cost of electricity in residential and commercial areas globally is rising. The residential electricity prices in the US are predicted to rise by over 16% by 2031.

To this end, Alkaline Fuel Cell Power is developing and prototyping a 4kW hydrogen fuel cell system that aims to provide cost-effective electricity for the global market. It is projected to be commercially available in 2027. This is a micro-CHP system using alkaline fuel cell technology and powered by hydrogen. With Alkaline Fuel Cell Power’s low-cost component materials, it is expected to make residential adoption more viable than it currently is with competing energy storage solutions.

Alkaline Fuel Cell Power’s fuel cells are developed for use in primarily residential and small to medium commercial applications, where the fuel cell use was not previously feasible. Alkaline Fuel Cell Power’s hydrogen fuel cells can provide backup power when the electric grid goes down or serve as a replacement for it during peak hours. The electrical grid connection can also be replaced by a hydrogen fuel cell entirely.

Alkaline Fuel Cell Power’s energy storage technology was specifically designed to fill the constantly increasing consumer demand for cleaner and greener energy. Hydrogen fuel cells are clean, producing no harmful emissions, noise, or vibration. There is a lot of potential for hydrogen as a source of energy; the demand for it has grown by threefold since 1975 and it continues to rise today. The European Union aims to invest $150 billion into renewable hydrogen by 2030 as part of an initiative they started last year.