European Union Announces Fuel Cell Joint Technology Initiative
May 30, 2008
The European Parliament has approved the creation of the Fuel Cells and Hydrogen Initiative, European Union’s fifth such joint technology initiative. The goal of this initiative is to accelerate the development and introduction of cost-effective fuel cell and hydrogen technologies for a wide variety of applications, including automotive, stationary and portable power systems.
The FCH joint technology initiative will extend the work of the Hydrogen and and Fuel Cell Technology platform, an industry initiative. That plan calls upon industries to provide commercialization of fuel cell technologies for small applications, like handheld mobile phones and other devices by 2010; larger stationary applications should be ready for market by 2015 and automotive applications should be widely available by 2020.
The venture will have a 10-year budget of €1 billion. The Fuel Cell and Hydrogen initiative will be formally launched in October at a conference in Brussels. This JTI represents the first public-private JTI partnership for the EU. Other JTIs are focused on the development of embedded computing systems, nanotechnologies, aeronautics and air transport, and new medicines.
Photo Credit: Svilen Milev
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