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 Trans-European Energy Networks 2012 call for proposals is open with the deadline for submission 29/02/2012.  

The 2012 annual work programme for grants in the field of trans-European networks (TEN)  in the area of energy infrastructures (TEN-E) – will encourage the effective operation and development of the internal market, reinforce the security of supplies and the diversification of energy suppliers and routes, facilitate the development and reducing the isolation of less-favoured regions, contribute to sustainable development and protection of the environment, inter alia by involving renewable energies.

The indicative EU budget allocation available for this programme is EUR 21,129.600 million

Particular attention is given to projects of European interest that contribute to:

(a) The development of the network to strengthen economic and social cohesion by reducing the isolation of the less-favoured and island regions of the Union;
(b) The optimisation of the capacity of the network and the integration of the internal energy market, in particular concerning cross-border section;
(c) The security of energy supply, diversification of sources of energy supplies and, in particular, interconnections with third countries;
(d) The connection of renewable energy resources; and
(e) The safety, reliability and interoperability of interconnected networks

For more information see: TEN-ETEN-E Call for Proposals