AIDC系列（六）：数据中心供电需求高增，SOFC有望快速发展

Investment Rating - The report maintains a "Recommended" rating for the industry [5] Core Insights - Solid Oxide Fuel Cells (SOFC) are gaining attention due to their high efficiency and long lifespan, with new developments allowing for operation at lower temperatures, potentially accelerating commercialization [1][3] - SOFC technology is well-suited to meet the increasing power demands of data centers, particularly with the rise of artificial intelligence, as it offers high energy utilization rates and a wide range of fuel applicability [3] - Domestic SOFC technology has progressed to the demonstration application stage, with several companies pushing projects in distributed generation and energy storage [4] Summary by Sections SOFC Technology Overview - SOFC operates based on electrochemical processes at high temperatures, typically between 650-950℃, using solid oxide ceramics as electrolytes [2] - The structure of SOFC systems includes a stack and auxiliary balance of plant (BOP) units, which are essential for its operation [1] Market Developments - Bloom Energy, a leading global SOFC company, has initiated multiple power supply projects for data centers, including a significant deployment at Oracle Cloud Infrastructure [2] - The demand for green energy solutions is becoming urgent due to the rapid growth of data centers and their energy consumption [3] Domestic Industry Progress - Companies such as Weichai Power and Proton Power are advancing SOFC technology in China, focusing on distributed generation and energy efficiency [4] - Relevant companies in the sector include Sanhuan Group, Weichai Power, and others involved in SOFC projects [4]