European Union pledges 1 billion euros for the Fuel Cells and Joint Technology Initiative

The European Union has announced that it is adding a billion euros into a  project designed to coordinate all European hydrogen fuel cell research.  The goal is to achieve mass-market rollout of hydrogen cells by 2020.  The Joint Technology Initiative (JTI) will focus on four main areas:

  • Transportation and hydrogen refueling infrastructure
  • hydrogen production and distribution
  • reduce the time to go from lab to market
  • stationaly power generation for combined heat and power

More than 60 companies will be involved along with many of Europe’s leading research centers.

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