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

On April 15, the EU Parliament approved the second Fuel Cell Hydrogen Joint Undertaking starting this year till 2020. The final approved text you find here: EP approved FCH JU Regulation text 150414.

The FCH JU unveiled the 2013 Programme Review, its third annual review of the FCH JU portfolio of projects on May 5. This edition covers over 100 projects, funded through annual calls for proposals from 2008 to 2012.

The Programme Review serves to evaluate the achievements of the portfolio of FCH JU-funded projects against FCH JU strategic objectives in terms of advancing technological progress, addressing horizontal activities, and promoting cooperation with other projects both within the FCH JU portfolio as well as externally.

The 2013 Review confirms that the portfolio of projects supported within energy and transport pillars, and within its cross-cutting activities, is a solid one, aligned with the FCH JU strategic objectives. Industry and research collaboration is strong, with SMEs making up 30% of total participants. The continued expansion of demonstration activities in both pillars answers to a greater emphasis on addressing the commercialisation challenge, which is bolstered by activities in basic and breakthrough research.”

To consult the full report (25 MB)