Expert Analysis

World Fuel Cells to 2005

The world fuel cell market will more than triple through 2005 to US$8.5 billion, and exceed US$23 billion by 2010. Fuel cells are receiving extensive investigation due to their inherent nature as low-polluting, high efficiency energy sources.... more

Nuvera Fuel Cells has announced that it has reached a multi-year agreement with Renault to pursue research and product development into multi-fuel processing technologies for fuel cell vehicles.

The joint program seeks to deliver a fuel processor that can be adapted to on-board vehicle requirements for Renault by 2004.

The goal of the research programme is to enable Renault to launch a viable fuel cell vehicle by 2010.

"This is a major milestone for Nuvera and the future of fuel cell vehicles," said Roberto Cordaro, President and CEO of Nuvera Fuel Cells. "Our development efforts in fuel processing over the past few years are proving critical to the near-term commercial viability of fuel cells."

Working with automotive OEMs such as Renault, Nuvera says that it is accelerating the development and commercialisation of its automotive platform of fuel cell stacks and multi-fuel processors.