DOE Announces Up to $15.3 Million for Long-Term Hydrogen Vehicle Development

14.08.08 - 20:39 ... source : U.S. Department Of Energy

... WASHINGTON– U.S. Department of Energy (DOE) Under Secretary Clarence H. "Bud" Albright, Jr. today announced the selection of 10 cost-shared hydrogen storage research and development projects, which will receive up to $15.3 million over five years, subject to annual appropriations. These projects are part of President Bush's Hydrogen Fuel Initiative that committed $1.2 billion on research and development (R&D) for hydrogen-powered fuel cells. The projects also support the President's Advanced Energy Initiative to reduce our Nation's dependence on foreign energy sources by changing the way we power our cars, homes, and businesses. "Researching and improving the use of hydrogen and fuel cell technologies in our vehicles is a long-term priority for the U.S.," said Under Secretary Albright. "With continued investment, hydrogen holds the potential to help fundamentally change the way we power ...» Next (HTML)