When the Fuel Cells and Hydrogen Joint Undertaking (FCH JU) was founded in 2008, hydrogen technology was still at basic research and early demonstration stage. Just 12 years later, hydrogen is a firm part of public strategies to decarbonise our economy and a growing source of European jobs from an internationally competitive industry.
This transformation is very much thanks to the FCH JU. This unique partnership of the EU’s vision with industry innovation has set hydrogen technology on course to drive the climate-neutral revolution envisaged in the European Green Deal.
The FCH JU’s focus on research and innovation to bring technologies to market readiness, has had a clear follow-on impact in attracting private funding. We have invested €978m of public money into 263 R&I projects to date, with an additional €1bn channelled from private sources. The investment has leveraged on top additional private investments of some €900m.
The distribution of these funds reflects our focus. Of the 969 beneficiaries from 40 countries in the EU and beyond, 694 are from industry, of which 269 are SMEs – a quarter of all beneficiaries. Of the remaining, 226 are research organisations and 49 are public organisations. The results are fuel cell and hydrogen technologies that are being validated on the market or are almost ready for market.
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