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Certain fuel cells technologies or applications still need to overcome some technical barriers before mass market penetration and therefore require sufficient and ambitious financing support to cover the RTD costs. This existing market failure barriers can be overcome with public funding opportunitities made available at the European level, national, regional or local.
Funding opportunities represent the following advantages:
⇒ Enhanced success of the projects and economies of scale thanks to the conjunction of public and private funds;
⇒ Leveraged investement and risk sharing facilities between public and private actors, as the current investment risks remain high.
Identifying funding opportunities for fuel cells manufacturers is a crucial determinant to the smooth development of the technologies.
The paragraph below illustrates the main funding opportunities at EU level for fuel cell technologies development, demonstration and deployment.
Please keep in mind that many other opportunities exist at the national, regional or local levels.
The main EU programme financing RTD&D activities is managed under the Seventh Framework Programme (FP7).
Other European programmes may finance fuel cells technologies: the IEE programme from the EACI finances technologies and project from the final prototype stage to the market accession phase.
For questions on funding opportunities, do not hesitate to contact us.
Last update: 11-07-2011 at 17:16