Europe Launches Major Hydrogen and Fuel Cell Push with €1B JTI

Representatives of industry, the research community and the European institutions launched the €1 billion (US$1.357 billion) Fuel Cell and Hydrogen Joint Technology Initiative (JTI) at an event in Brussels, Belgium on 14 October. Over the next six years, the European Commission and industry will invest almost €500 million each into the initiative, with the aim of accelerating the development of hydrogen and fuel cell technologies and bringing them to the market by 2020. The EC estimates that the JTI’s activities will reduce the time to market for these technologies by two to five years. The JTI will focus its efforts on four main areas: Stationary power generation and combined heat and power (CHP); and The JTI’s first call for proposals, which has a budget of €28.1 million (US$30 million), was published earlier this month. It... [read full story]