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GE Global to get DOE funds for fuel-cell research

Publication Date:25-January-2006
09:45 AM US Eastern Timezone
Source:The Business Review (Albany)

General Electric's Global Research facility in Niskayuna, N.Y., will receive a Department of Energy grant for research on hydrogen fuel cells.

GE will receive $300,000 annually for five years.

The funding was part of $19 million in awards announced on Jan. 24 by Secretary of Energy Samuel Bodman. The money is being targeted to advance fuel-cell membrane technology.

"Investments in fuel-cell and hydrogen research today will enable America to lead the world in developing clean, hydrogen-powered automobiles that will reduce our dependence on imported oil," Bodman said. "This funding will help overcome technical barriers and bring hydrogen and fuel-cell technology from the laboratory to the showroom."

The Bush Administration has committed to spending $1.2 billion over a five-year period to help American firms develop hydrogen powered automobiles in order to reduce dependence on foreign oil.


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