US ENERGY DEPARTMENT INVESTS $14 MILLION IN ADVANCE HYDROGEN FUEL TECHNOLOGIES
The U.S. Department of Energy (DOE) announced up to $14 million in funding for the advancement of hydrogen fuel technologies. Specifically, these selections include advanced high-temperature water splitting, advanced compression, and thermal insulation technologies. These projects will accelerate American innovation in hydrogen and fuel cell technologies by supporting research and development and domestic manufacturing.
For cost-competitive transportation, hydrogen must be comparable to conventional fuels and technologies on a per-mile basis in order to succeed in the commercial marketplace. DOE's current target is to reduce the cost of producing and delivering hydrogen to less than $4 per gallon of gas equivalent (gge) by 2020 and $7/gge for early markets.