Distributed Generation

Documents filed with the SEC by Fuelcell Energy Inc., Danbury, Conn. state that "currently, in the U.S., according to the Department of Energy, there are approximately 805,000 megawatts of installed power capacity. We believe that distributed generation currently accounts for approximately 10 percent of this capacity."In addition, we believe that the combined available U.S.

03/01/2001


Documents filed with the SEC by Fuelcell Energy Inc., Danbury, Conn. state that "currently, in the U.S., according to the Department of Energy, there are approximately 805,000 megawatts of installed power capacity. We believe that distributed generation currently accounts for approximately 10 percent of this capacity.

"In addition, we believe that the combined available U.S. and European market for distributed generation will reach approximately 5,400 mW per year by 2001, and approximately 7,600 mW per year by 2004, and that fuel cells will be one of the leading technologies in meeting these market demands."

According to the document, a 1999 report on small-scale power generation by Business Communications Co., Inc. states that fuel cells are one of the most promising technologies for meeting the increasing worldwide demand for energy. It was projected that between 1998 and 2003, distributed generation would grow at an average annual rate of 14.9 percent in the United States and 28.4 percent worldwide, and that the total annual U.S. market for fuel cells in 2003 could be expected to reach $1.1 billion.

"We believe that the growth of the distributed generation market, combined with the continuing deregulation of the utility industry, and the increasing demands for higher efficiency, higher quality, more environmentally friendly, and lower-cost power generation capacity, provide market opportunities."

From Pure Power, Spring 2001





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