The pricing of electricity in the USA has been rising and is estimated to go up by as much as 16% by 2031; a similar trend can be seen in other parts of the world as well. The demand for an efficient and affordable source of electricity will grow and Alkaline Fuel Cell Power is innovating to provide a solution to this rising demand. Alkaline Fuel Cell Power’s energy storage technology was designed to fill the constantly increasing consumer demand for clean energy.

Alkaline Fuel Cell Power is focusing on developing and producing micro-CHP systems using alkaline fuel cell technology that will suit the price range and meet the requirements of residential buyers. These fuel cells use hydrogen and produce usable electricity and heat. This will feed the demand for cleaner and more sustainable energy as hydrogen is one of the best options for storing green energy in most applications.

The demand for hydrogen has tripled since 1975 and continues to rise; by 2050 it is estimated that hydrogen will make up around a quarter of the energy demand across the globe. Because of this hydrogen is very important to world governments, especially in Europe. Approximately €470 billion are projected to be invested in hydrogen there by 2050, and as much as €18 billion into fossil-based, low-carbon hydrogen.

What makes Alkaline Fuel Cell Power different is their focus on utilizing competitively priced elements, which will allow their products to be cheaper to buy and faster to produce. Currently Alkaline Fuel Cell Power is developing and prototyping their first 4KW system with plans to release it in 2027.

Hydrogen fuel cells, like the ones being developed by Alkaline Fuel Cell Power are excellent for using cleaner energy. They do not use combustion in their operation, so there are no CO2 emissions, there is also no noise and vibration when the units are in operation.