Companies that can develop hydrogen and fuel-cell technology for low-carbon transport and power generation can now bid for a portion of £7.2 million in funding being offered by the Department of Energy and Climate Change (DECC).
The competition is one of the measures for stimulating low-carbon technologies that were announced in this year’s budget.
Companies will be able to bid to the Technology Strategy Board, which will manage the programme, for a share of the cash to develop and test the technology.
Hydrogen and fuel cells have the potential to help drastically reduce carbon emissions because they only emit water and heat as by-products. The energy conversion in fuel cells is more efficient than those of other technologies such as the internal combustion engine.
