Fuel cell technology is using the reaction of hydrogen with oxygen to water in order to produce electricity and heat. It promises a high electrical efficiency even in small devices, which can be installed close to the consumer. This approach seems to be an impressive idea to contribute to a viable future energy supply under the restrictions of climate change policy. Major reasons currently hampering the diffusion of such technology for home energy supply in Germany are analyzed in this chapter. The barriers revealed include high production costs as well as economic and legal obstacles for installing the devices so that they can be operated in competition to central power plants and beside others in tenancies.
|Title of host publication||Industrial Dynamics, Innovation Policy, and Economic Growth through Technological Advancements|
|Editors||I.H. Yetkiner, M.T. Pamukcu, E. Erdil|
|Place of Publication||Hershey, USA|
|Number of pages||374|
|Publication status||Published - 1 Jan 2012|