Economics of Polymer Electrolyte Membrane Fuel Cells

Hydrogen is considered a key component of the renewable energy transition for the 21st century, with potential applications using fuel cells in the transportation sector, decentralized heating systems, and energy storage. However, the conversion from fossil fuels to hydrogen implies comprehensive research to address technological and socio economic challenges, enabling its widespread adoption. This paper discusses the economics of fuel cells. A cost analysis of the polymer electrolyte membrane fuel cells (PEMFC) is performed, and current market data and developments are presented.