Abstract
Fuel cell based energy systems are a potential large-scale future energy option. The key challenge for fuel cells is to reach a market breakthrough which in turn requires a major cost reduction from the present level. Using a combined learning and diffusion model we have investigated effective integrated strategies that combine optimally R&D and market measures to decrease the expenditure and time needed to reach the breakeven point. The results indicate that major efforts in R&D for enhancing fuel cell innovations such as the European fuel cell and hydrogen joint technology effort would be economically well justified. Such efforts could save several billion dollars in the market deployment efforts otherwise required. Through a balanced and integrated technology push and market pull effort the time to breakthrough could similarly be reduced by 60–70%.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
