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No tax on hydrogen cars, $160 million in annual support for energy R/D/D and hereof possible $33 million annually for hydrogen fuel cells; these are some of the main elements in a recently published Energy Plan from the Danish Government.
Danish Energy Plan 2025 and National Hydrogen & Fuel Cell Strategy
The Danish Government has released a National Energy Plan onwards 2025 where hydrogen cars are freed of all taxes and public support for energy R/D/D is doubled from $83 million annually to $166 million.
Below the main initiatives and targets of the Energy Plan 2025:
Renewable energy to provide 30% of total energy consumption
Energy savings on 1,25% annually, to avoid any increase in energy consumption
10% of bio fuels in transport by 2020
Hydrogen cars are freed of all taxes
Public support for energy R/D/D doubled to $160 million annually
o Establishment of a Energy Technological Development and Demonstration program with a budget on $118 million in 2007-2010 focusing on:
2. generation bio fuels
Wind turbines
Low energy buildings
Hydrogen and fuel cells
Back in 2005 the Danish Energy Authority launched a National Hydrogen & Fuel Cell R/D/D Strategy with an ambition of doubling the annually public support for H2 FC from $18 million (2006) to $33 million. It is expected that the Energy Plan 2025 can secure this increase in support for hydrogen and fuel cells.
H2 Logic comment on the Energy Plan
Business Development Manager, Mikael Sloth from H2 Logic comments on the Energy Plan 2025 and the removal of all taxes on hydrogen cars:
For H2 Logic is great news that the Danish Government free hydrogen cars of all taxes. H2 Logic is committed to develop fuel cell systems for City cars in collaboration with Think Technology. The tax removal will make it possible for us to introduce the TH!NK hydrogen car in Denmark much earlier. The first 8 TH!NK hydrogen cars will therefore be in operation in Denmark and Norway in 2008
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