Fuel Cells and Hydrogen 2 Joint Undertaking
To accelerate market entry of Fuel Cells and Hydrogen technologies, the Fuel Cells and Hydrogen 2 Joint Undertaking (FCH 2 JU) goes ahead with 1,33 B€.
On the 6th May 2014, the Council of the EU formally agreed to continue the Fuel Cells and Hydrogen Joint Technology Initiative under the EU's new funding programme for research and innovation, Horizon 2020. Implemented by the FCH 2 JU, this second phase will continue to contribute to the objectives of the Joint Technology Initiative through the development of a strong, sustainable and global competitive Fuel Cells and Hydrogen sector in the Union with a ring-fenced budget of 665 M€, complemented by, at least, an equivalent level of investment by the Industrial and Research partners. The FCH 2 JU proposal is a part of the Innovation Investment Package worth a total of 22 billion euros, proposed by the European Commission to support research and innovation in key areas of the economy, boost economic growth and the creation of jobs and help face the most important societal challenges.
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