European Commission launches new $1.8 billion fuel cell and hydrogen research initiative
July 23, 2013
The European Commission has announced that it is launching a second phase of the first Fuel Cells and Hydrogen (FCH) Joint Technology Initiative (JTI) set up in 2008.
The new Fuel Cells & Hydrogen 2 Initiative, with a proposed combined 50:50 EU-industry budget of €1.4 billion (US$1.8 billion), will continue to develop a portfolio of fuel cell and hydrogen technologies to the point of market introduction. The new FCH 2 JTI is expected to start in 2014 and will end in 2024.
Specific objectives for the FCH 2 JTI include:
- Reduce cost of fuel cell systems for transport applications by a factor of 10;
- Increase electrical efficiency of fuel cells for power production by 10%;
- Demonstrate the viability of large scale hydrogen production from electricity generated from renewable energy sources.
The EU expected contribution for the FCH JTI will come from the Horizon 2020 programme budget. The private contribution of €700 million will consist of both in-kind contributions in calls for proposals activities and of complementary actions implemented in addition to the calls, contributing to the objectives of the initiative.
The first phase (budget €940 million) had already brought together over 1100 participants: 183 research organisations; 387 universities; 111 enterprises excluding 256 SMEs and other organisations.
News | Articles | Market reviews | Search directory | Subscribe to e-newsletter