100% renewable targets will require power storage to manage flows on the net
Electrolysers utilise these intermittent power flows to produce H2 gas from water
H2 gas can be stored in large quantities underground and transported via existing gas pipelines
H2 vehicles recharge faster and are more durable than battery powered transport
Growing H2 demand in industrial processes will reduce costs and increase supply

The EC announced (10 July) that it will invest  more than EUR22 billion over the next seven years in innovation for sectors that deliver high quality jobs.  It has proposed to renew and strengthen the Fuel Cells and Hydrogen (FCH) Joint Undertaking.

The Fuel Cells and Hydrogen 2 Joint Undertaking creates the basis for a renewed public-private partnership aimed at expanding the use of clean and efficient technologies in transport, industry and energy. It aims to step up activities and move the sector forward with a budget of 1.4 billion euros until 2020, equally shared by the European private sector and European Union.

Màire Geoghegan-Quinn, European Commissioner for Research, Innovation and Science, added, “Thanks to the current Fuel Cells and Hydrogen partnership, you can take a ride on hydrogen-powered pollution-free buses in five cities across Europe. But much research and development is still needed to make this application of FCH technology widespread and those for clean energy production and storage commercially attractive. The EU and industry will continue to work together under this new initiative to help reduce the carbon footprint of our energy and transport sectors.”

Read full press release here

For more information here and here