Fuel cell and hydrogen technologies to be stimulated by £7 million new government investment

12 Feb 2010

The development of innovations to accelerate the deployment of fuel cell and hydrogen technologies is to receive a major boost after the Technology Strategy Board announced today that it is to invest £7 million on behalf of the government in 15 demonstrator projects.

The innovative technologies, once fully developed, will contribute to meeting UK and EU climate change targets, whilst providing significant global market opportunities for British companies.

The investment programme in fuel cell and hydrogen demonstrators will fill a gap in the support of these technologies and will assist the efforts of UK companies towards commercialisation. The capital funding provided by the programme, devised by DECC and the Technology Strategy Board, will be used to accelerate the demonstration of products for both the stationary power and transport markets.

Announcing the investment during a visit to Johnson Matthey Fuel Cells in Swindon, Lord Hunt of King's Heath, Minister of State for Energy said:

"Cleaning up our energy supply and the fuel we use for transport will give the UK the opportunity to develop the low carbon industries of the future. Fuel cells and hydrogen can play a key role in cutting CO2 emissions and reducing reliance on fossil fuels.

"Through this boost for hydrogen, innovative businesses like Johnson Matthey are well placed to benefit from the move to low carbon. I congratulate them on their funding award and thank them for this contribution to tackling climate change."

Iain Gray, Chief Executive of the Technology Strategy Board, added:

"By providing capital funding towards the cost of demonstration, this important programme will enable British companies to collaborate to commercialise fuel cell and hydrogen technologies. Covering both the transport and stationary market applications, the funding will support and take forward already successful research, development and prototyping projects.

"We expect the technologies that will be developed and demonstrated to make real progress towards market adoption, providing significant global opportunities for the British companies involved."

These technologies could be used in the transport sector, such as for commercial and light vehicles, or in the stationary power markets, for example to provide power to homes and dwellings, alongside other low carbon energy solutions such as electric vehicles. Fuel cells can be more efficient that an internal combustion engine, and are a quiet source of power. They can be tailored to accept a wide range of fuels, or adapted for multi-fuel capability. When fuelled by hydrogen, fuel cells emit no pollutant by-products. Even when operating on other fuels such as natural gas, pollutant levels can be significantly lower. (ends)

 

Companies and other organisations seeking further information about this and other funding competitions should visit the Competitions page of the Technology Strategy Board website - www.innovateuk.org, email support@innovateuk.org or phone the helpline on 0300 321 4357.

Issued by
Nick Sheppard, Media Relations Consultant
Technology Strategy Board
Mobile : 07824 599644
Email: nick.sheppard@tsb.gov.uk

Additional contact
Paul Whittemore, Head of Communications
Technology Strategy Board
Tel: 01793 442769
Mobile: 07824 599632
Email: paul.whittemore@tsb.gov.uk

For full press release including notes to editors please follow this link

 

 

Last updated on Friday 30 July 2010 at 14:17

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