Home /assessment Of Potential Areas Of Reversible Fuel Cells In Energy Storage System Assessment of Potential Areas of Reversible Fuel Cells in Energy Storage System

Quick Overview

The client, a leading energy OEM company, sought to conduct a comprehensive evaluation of energy storage technologies to evaluate the potential role of reversible fuel cells.

Client success details

With the support and insights delivered by FutureBridge, the client could compare various energy storage technologies options based on a set of key performance indices (KPIs)derived from use-cases identified across the energy value chain. Further, an assessment was done to identify the unaddressed gaps in current energy storage technologies which could be filled by innovations in reversible fuel cells from the past five years. The key questions addressed through this engagement were:

Hydrogen storage is well-suited to meet long-duration power demand. Reversible fuel cell can emerge as a attractive option for utilization of hydrogen for various application such as, off-grid systems, mobility, decarbonization of mines and grid integration.
  • What is the current energy mix in the US and how is it expected to evolve by the year 2050?
  • What are the primary KPIs used to evaluate the performance of energy storage systems by grid and utility operators?
  • What are the strengths of identified storage technologies against the KPIs offered?
  • What are the potential breakthrough innovations in reversible fuel cells that can address the current gaps in energy storage technologies?
  • How do the current technologies of reversible fuel cells compare to other energy storage technologies in terms of strengths and roundtrip efficiency?
Analysis1
Q

The engagement included geography-specific research and analysis tailored to the client’s requirements:

  • Identification of energy storage requirements across the power sector value chain
  • Mapping of energy storage technologies across various grid services.
  • Energy storage technology assessment and their readiness levels to identify the most suitable technology for adoption.
  • Identification of potential breakthrough innovations in reversible fuel cells that can address the potential gaps in energy storage technologies.
  • Successful use case studies on reversible fuel cells.

With this engagement, FutureBridge helped the client to prioritize the energy storage technologies for adoption based on their Technology Readiness Levels (TRL) that align with specific grid services and sector requirements. Additionally, recommendations were provided on opportunities for reversible fuel cells to address existing gaps in energy storage technologies.

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