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Techno-Economic Analysis of Micro Fuel Cell Cogeneration and Storage

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Abstract

In this paper, the effectiveness of support schemes for micro fuel cells in Germany is analyzed with regard to the latest market conditions, support schemes, and legislative changes. Specifically, we analyze whether polymer electrolyte membrane fuel cells (PEMFCs) are a feasible investment option for residential usage in Germany, or whether they are likely to become so soon. Furthermore, we investigate whether electric energy storage could be a useful extension to the domestic fuel cell system by supplying short-term peak demand, and thus increasing self-consumption and potentially the overall economic merit. We find that PEMFCs are unlikely to become a competitive technology by 2020, and it may take quite some time to achieve a substantial market diffusion. Finally, we find that electric energy storage in combination with an FC system is found not to be a worthwhile investment in a grid-connected scenario.

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  • Löbberding, Laurens & Madlener, Reinhard, 2016. "Techno-Economic Analysis of Micro Fuel Cell Cogeneration and Storage," FCN Working Papers 23/2016, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    • Handle: RePEc:ris:fcnwpa:2016_023
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    Cited by:

    1. Höwer, Daniel & Oberst, Christian A. & Madlener, Reinhard, 2017. "Regionalization Heuristic to Map Spatial Heterogeneity of Macroeconomic Impacts: The Case of the Green Energy Transition in NRW," FCN Working Papers 13/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised 01 Feb 2019.

    More about this item

    Keywords

    CHP; Micro fuel cell; PEMFC; Battery storage; Economic evaluation; Market diffusion Germany;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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