EU research ministers have approved a regulation setting up a long-term public-private research partnership on hydrogen and fuel cells, with the aim of reducing the time to market for these technologies by 2-5 years and thus cutting CO2 emissions. EurActive reports that a Competitiveness Council on 25 February 2008 reached an agreement on the essential elements for the launch of the EU ‘Fuel Cells and Hydrogen’ joint technology initiative (JTI). The aim of the joint public-private research undertaking, agreed by the Council, is to speed up the development of fuel cells and hydrogen technologies in Europe to enable their commercialisation between 2010 and 2020. The EU is set to contribute some €470 million to this research programme over the next six years and the private sector is expected to gather the same amount.
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