Data Center Fuel Cell Market Revenue Projected to Reach $30 Billion by 2030

Rystad Energy reports that data center developers are increasingly turning to on-site fuel cells due to power grid congestion. The market for these fuel cells is expected to grow tenfold, from approximately $2.8 billion in 2025 to $30 billion by 2030. Currently, 9 gigawatts of orders have been signed, involving companies such as Oracle, AEP, Equinix, and Brookfield. With grid connection times in the U.S. reaching three to six years, Rystad Energy estimates that 40% of U.S. data center capacity by 2030 could rely on on-site power generation, with North Ameri