The demands for energy are increasing as countries become richer, and if al
l mankind achieved the per capita energy consumption of the United States t
hen the total energy consumption of the world would rise by a factor of abo
ut 4.5. This would make a large demand on fuel supplies and probably increa
se pollution beyond a sustainable level. This paper examines the limits to
the theoretical efficiency of power generation, including both heat engines
and fuel cells, and demonstrates that thermal efficiencies of above 60 per
cent are achievable in each case if combined plants are used. It is shown
that the fuel cell has benefits over the heat engine when the plant operate
s for a significant time at low load.