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The Asia-Pacific hydrogen market is highly fragmented, with a clear divergence between supply-led and demand-led markets. Countries such as Australia and China are positioned as large-scale, low-carbon hydrogen producers due to resource endowment and policy backing, while Japan and South Korea will continue to evolve as structurally import-dependen...

Global concerns about climate change have spurred a flurry of investments in renewable energy sources and other decarbonization initiatives. The efforts to focus on renewables were initiated at the 2016 COP21 in Paris, which led to countries setting renewable energy targets to achieve by 2030 in attempt to mitigate global warming. More recently, at...

There is growing pressure on the global power sector to decarbonize, which in turn puts pressure on new investment in coal-fired power generation. Energy security is a significant mega trend, whose importance is heightened by the Russo-Ukrainian War and the resulting disruption in the global power market. Many of the traditional high coal dependenc...

30 Jun 2024  |  Global  |  Technology Research

High-temperature Fuel Cells for Decentralized Power Generation: Recent Innovations, Developments, and Growth Opportunities

Analyzing the techno-economic advantages of implementing HTFC technologies for a low-carbon future

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The increasing demand for decentralized power generation, supportive government policies, and the progress of the hydrogen economy will drive the growth of the high-temperature fuel cells (HTFC) industry for decentralized power generation. The focus on energy independence and security across the residential, commercial, and industrial sectors for r...

Rapid advancements in battery technology are imperative to develop the next generation of electric vehicles (EVs). Currently, the nickel-manganese-cobalt (NMC) and lithium-iron-phosphate (LFP) variants of lithium-ion (Li-ion) batteries lead the market for EV battery packs, with LFP batteries witnessing increased penetration over the past few years....

Energy decentralization, supportive regulations and policies, greater focus on sustainability, and the crucial development of a hydrogen economy will drive stationary fuel cell industry growth during the next decade. The wider market for decentralized energy solutions is thriving as residential, commercial, and industrial customers look to achieve ...

Wind energy is one of the fastest-growing energy sources in the world and is poised to play a key role in mitigating global climate change and future energy provision. Of the renewable energy technologies, wind energy ranks second only to hydroelectric power in terms of installed capacity, globally. The global wind power market has achieved excepti...

09 Oct 2020  |  Global  |  Market Research

Growth Opportunities in the Hydrogen Market for the Global Power Sector

With a Multitude of Applications, Hydrogen will Play an Important Role in Our Transition towards a Low-carbon Economy

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Continued concerns over global warming and increasing carbon emissions have forced governments to reduce their dependency on fossil fuels based economy and move towards a low-carbon economy. Our sustainable future depends on the development of these low-carbon and alternate energy sources that are renewable and environment friendly. In recent year...

This research service explores policy developments supporting the growth of renewable energy (RE) in 5 Southeast Asian countriesMalaysia, Thailand, Vietnam, the Philippines, and Indonesia. It also tracks RE projects that have been announced and are expected to be completed by 2018. The projects are in 5 different RE technologiessolar, wind, bioma...