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H2 Logic joins forces with 45 companies from all over Europe in a new international not-for-profit association as the first step to create a €7,4 billion European public-private partnership – a Joint Technology Initiative (JTI) – for fuel cells and hydrogen. The JTI Industry Grouping will be the key interlocutor and partner of the European Commission to create the JTI.
Fuel cell and hydrogen technologies are an innovative market in which Europe is in a position to strive for world leadership. These technologies can significantly contribute to fulfilling the European Union’s (EU) objectives in terms of winning the battle against climate change, securing our security of energy supply and creating as much as 500,000 new jobs.
This is why H2 Logic together with 45 other European companies has created a new legal entity, the JTI Industry Grouping, which is the first step towards the creation of a Joint Technology Initiative (JTI) on fuel cells and hydrogen. Once the European Commission, the European Parliament and the Council of the European Union will have adopted the legislative proposal to create this JTI, the new industry association will become the privately funded shareholder of the public-private partnership with the Commission.
The JTI will be an industry-led public-private partnership equally funded and governed by industry and the European Commission. Other stakeholders such as the research communities are actively contributing and participating in its activities. The JTI will closely collaborate with regional or national governments to achieve common objectives.
H2 Logic comment on the JTI Industry Grouping
“The JTI and securing European support and collaboration on commercializing hydrogen and fuel cell technology have always had an important priority in H2 Logic. We are an active supporter and contributor to the European Hydrogen and Fuel Cell Platform and therefore it is natural for us to be founding member of the JTI Industry Grouping. We plan to take actively part in the hopefully coming JTI and look forward to supply our technology for projects throughout Europe, thus contributing to securing H2 Logic as well as Europe a key position in the global hydrogen and fuel cell business." says Mikael Sloth, Business Development Manager, H2 Logic.
About H2 Logic
H2 Logic is a world leading developer of hydrogen fuel cell power solutions replacing batteries & combustions engines in City, Service, Leisure and Materials Handling vehicles giving a superior & value-adding supply of motive power.
www.h2logic.com
The JTI Industry Grouping |
