Case Study: Pioneering carbonate fuel cells at scale to reduce industrial emissions

Case Study

Pioneering carbonate fuel cells at scale to reduce industrial emissions

US$26.55bn

Estimated market size of global fuel cell technology by 2028

US$416mn

Estimated market size of the MCFC technology in 2024

37.4Gt

Amount of global CO₂ emissions from fossil fuels and industry in 2023

US$13.5tn

Estimated amount of investment needed to reach net zero by 2050

cs2

Report summary

Fuel cells are heralded as one of the cleanest energy sources because they convert fuels like hydrogen and natural gas directly into electricity, bypassing the internal combustion process that generates smog and other pollutants.

Molten carbonate fuel cell (MCFC) design is a particular t ype of fuel cell technology that can capture industrial CO2 emissions while generating electricity and hydrogen. This technology is versatile, providing power for various applications, including transportation, industrial, commercial and residential buildings, and long-term energy storage for the grid in reversible systems.

Despite its potential, the technology has not yet seen widespread adoption. A successful pilot plant run by Esso Nederland BV, an ExxonMobil affiliate, with FuelCell Energy, could accelerate the commercialisation of MCFC design.

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