Fuel Cell Bus and Distributed Power Generation Market Prospects and Intervention Strategy Options

Fuel cells are a low-emission technology that electro-chemically convert a variety of fossil and bio-fuels or hydrogen into electricity and are suitable for transportation and modular distributed generation applications. Fuel cells are a key technology for the attainment of broad hydrogen energy systems deployment, whish is seen as long term solution to environmental problems including climate change and general air pollution especially from transportation owing to their high efficiency and zero emissions of carbon dioxide, oxides of nitrogen or any other pollutant. This project has therefore been designed with UNEP, UNDP, the IFC and industry experts to examine the market prospects and recommended GEF intervention strategies. The objective is to review the climate change mitigation potential from fuel cell applications in distributed electricity generation and urban transport nad develop strategy options for market interventions supporting early achievement of lower-cost higher-volume production.