Millenium Cell (MCEL) Message Board

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Technology Stocks : Millenium Cell (MCEL)

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To: Hawkmoon who started this subject	5/7/2004 4:18:24 PM
From: Hawkmoon	Read Replies (1) of 55

A major area of the recent funding for Hydrogen related research funded by DOE includes research for innovative methods of storing Hydrogen: Key research areas include: Hydrogen Storage “Centers of Excellence” for exploratory research in hydrogen storage. Each center includes a DOE national laboratory lead and several university and industry partners. Responding to DOE’s “Grand Challenge” solicitation, these centers will address the major technical barrier to on-board hydrogen storage - storing enough hydrogen to enable greater than 300 mile driving range without impacting cargo or passenger space. In addition, individual universities, research institutes, and small businesses will explore new materials for hydrogen storage. The DOE share for this National Hydrogen Storage Project is $150 million over 5 years with an additional private cost share of approximately $20 million. energy.gov

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