Global energy markets are changing dramatically. From 2007 to 2035, global demand for electricity is expected to increase from 18.8 to 35.2 trillion kilowatt-hours.
Electricity consumption is increasing as consumers demand more convenience and comfort, a greater dependence on electronic devices and the eventual electrification of transport. At the same time, regulatory shifts and liberalisation are opening up new and alternate ways to service the market. Within this landscape, energy utilities need to manage the ‘trilemma' of energy supply:
The significance of energy efficiency is also becoming vital with large investments in Smart Grids and Distributed Generation.
Ceramic Fuel Cells Ltd (CFCL) understands the constraints of commercialising a new technology and relying on one single market. To meet the needs of energy utilities and consumers worldwide, we're developing fuel cell technology that provides a common platform and creates access to many markets.
We select markets that best suit our technology and show growth prospects - now and for the future. The United Kingdom, Germany, and The Netherlands are ready for our technology now. These markets have receptive regulatory structures, a clear demand for highly efficient electricity and supportive market introductory settings.
Since 1992, CFCL has invested over A$ 280 million in commercialising Solid Oxide Fuel Cell technology globally, including developing a comprehensive Intellectual Property portfolio of over 27 patent families and extensive end-to-end-know how. This is the calibre of investment required to commercialise a technology that will change markets.
Like to know more? Download our commercialisation case study.