Sharp fall in hydrogen bus costs – FCH JU
European Commission’s R&D arm will continue to fund projects across hydrogen value chain
The cost of a hydrogen bus in the EU has come down from €1.8mn ($2mn) to €500,000 since 2008 thanks to research and development in associated technologies, according to Bart Biebuyck, executive director of the Fuel Cells and Hydrogen Joint Undertaking (FCH JU). The FCH JU is a public-private partnership between the European Commission and industry association Hydrogen Europe designed to accelerate the deployment of hydrogen technologies. It invests equal parts public and private money into technology research and pilot projects, providing €2bn in finance to 287 projects since its inception. The FCH JU saw dramatic cost reductions following investments in seven hydrogen bus pilot projects. It
Also in this section
19 December 2024
More must be done to lower the cost of green hydrogen and its derivatives
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe