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us-department-of-energy-pledges-30m-to-emerging-hydrogen-market
us-department-of-energy-pledges-30m-to-emerging-hydrogen-market

US Department of Energy pledges $30m to “emerging” hydrogen market

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As the US hydrogen (H2) economy continues to gather pace, the Department of Energy (DOE) has announced plans to invest $30m to further expand on the emerging market.

The funds, which are subject to appropriations, will be dedicated to advancing fuel cell and H2 technologies.

According to the organisation’s 2015 Fuel Cell Technologies Market Report, the H2 economy and fuel cell market continued to grow at an “unprecedented rate,” with more than 60,000 fuel cells shipped worldwide in 2015 – an increase of 65% compared to 2014.

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