Energy Conversion Alternatives Study (ECAS), Westinghouse phase 1. Volume 12: Fuel cells. [energy conversion efficiency of, for use in electric power plants]

A parametric assessment of four fuel cell power systems -- based on phosphoric acid, potassium hydroxide, molten carbonate, and stabilized zirconia -- has shown that the most important parameters for electricity-cost reduction and/or efficiency improvement standpoints are fuel cell useful life and power density, use of a waste-heat recovery system, and fuel type. Typical capital costs, overall energy efficiencies (based on the heating value of the coal used to produce the power plant fuel), and electricity costs are: phosphoric acid $350-450/kWe, 24-29%, and 11.7 to 13.9 mills/MJ (42 to 50 mills/kWh); alkaline $450-700/kWe, 26-31%, and 12.8 to 16.9 mills/MJ (46 to 61 mills/kWh); molten carbonate $480-650/kWe, 32-46%, and 10.6 to 19.4 mills/MJ (38 to 70 mills/kWh), stabilized zirconia $420-950/kWe, 26-53%, and 9.7 to 16.9 mills/MJ (35 to 61 mills/kWh). Three types of fuel cell power plants -- solid electrolytic with steam bottoming, molten carbonate with steam bottoming, and solid electrolyte with an integrated coal gasifier -- are recommended for further study.