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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

EU Claims Pole Position on Hydrogen Fuel Cells

8:47 AM MDT | June 6, 2008 |

Alex Scott

The European Commission says the European Union (EU) is in “pole position” to develop fuel cells powered by hydrogen after this week creating a public-private joint technology initiative (JTI), named the Hydrogen and Fuel Cell Joint Undertaking. The JTI will implement EU target-oriented R&D to support and accelerate the broad market introduction of hydrogen-powered fuel cells between 2010 and 2020, the commission says.    The commission has committed to invest €470 million ($737 million) in hydrogen-fuelled fuel cells...

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