The EU should implement long-term subsidies or tax incentives to offset the higher cost of running hydrogen-powered vehicles compared to battery electric vehicles (BEVs), according to a new report from the European Commission’s Joint Research Centre (JRC). After pointing out that fuel-cell electric vehicles (FCEVs) and buses (FCEBs) “face competition from battery electric alternatives, which benefit...
Hydrogen Subsidies
The European Union is leading the ecological transition on the roads, although in the United States we have not been too far behind either… until now. Just on the other side of the Atlantic, they have just approved subsidies for more futuristic vehicles than electric ones (and no, they are not going back to gasoline, nor are they betting everything on hybrids). Subsidies with which the EU is ahead of...
A US government plan for $1bn of subsidies for clean hydrogen users will be finalized by the end of September, the programme leader told the CERAWeek energy conference in Houston this week. Ernest Moniz, a controversial figure who was US energy secretary under President Barack Obama, was appointed by the Department of Energy in January to lead a consortium tasked with designing and implementing...