EU backs initiative to advance the use of hydrogen as a fuel
Belgium. The European Union will allocate 470 million euros from the EU coffers to launch a research project on the use of hydrogen as a fuel. The project will take the form of a public-private partnership and Brussels expects the industry to make a financial contribution equivalent to the public, within a period of six years. The meeting that the 27 countries of the European Union held in Brussels on February 26 and 27, led by the ministers responsible for Competitiveness (Internal Market, Industry and Innovation), gave the green light to their fifth "joint technological initiative," with which they intend to offer European companies a framework for cooperation in the technological field gico.