Fuel cells' prospects of becoming a significant energy source are growing as costs decline and technology advances, helping the two leading players in the US industry, FuelCell Energy, and Bloom Energy.
In a signal of growing confidence in the fuel-cell business, Bloom Energy is the subject of speculation that it will go public this year, said Sam Jaffe, research manager at IDC Energy Insights.
With both major players in the stationary fuel-cell market having achieved durable fuel cells while cutting their costs, the industry is poised to gain greater acceptance as a significant energy source.
