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People & Business :: Energy and Feedstocks
U.S. DOE to Withdraw Fuel Cell R&D, Restart Funding for FutureGen Project
5:00 AM MDT | May 12, 2009 | Alex Scott
U.S. energy secretary Steven Chu has disclosed that the U.S. DOE plans to stop funding R&D on fuel cell vehicles. “We are moving away from funding vehicular hydrogen fuel cells to technologies with more immediate promise,” he says. His comments were part of a presentation detailing president Obama’s DOE budget submission for fiscal year 2010. Obama’s administration has requested a total DOE budget of $26.4 billion for the next fiscal year-an increase of less than 1% compared with the 2009 budget, but a hike in real terms due to...
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