Massachusetts Hydrogen Coalition To Unveil Hydrogen and Fuel Cell Initiatives to Capture Future...

BEVERLY, Mass. -- Initiatives Introduced at Hydrogen Generation Symposium on Tuesday, June 14, 2005 at 6:00 PM in Waltham, Massachusetts

The Massachusetts Hydrogen Coalition Inc. is unveiling initiatives to propel Massachusetts to the vanguard of the future $46 billion hydrogen and fuel

A report published by PricewaterhouseCoopers forecast that "Global demand for fuel cells is projected to be nearly $46 billion in 2011", creating a significant opportunity for jobs and the economy of Massachusetts. With the highest density of hydrogen and fuel cell organizations of any state in the country, with more than 80 active organizations, Massachusetts is well positioned to capture this tremendous growth opportunity.

According to Brad Bradshaw, President of the Coalition: "High oil and gasoline prices coupled with the security challenges of imported oil, and the emissions associated with fossil fuel, Massachusetts has the opportunity to lead in the pursuit of clean, secure, and domestically sourced energy and transportation solutions utilizing hydrogen and fuel cells."

Massachusetts Hydrogen Coalition Initiatives Emphasize Job Creation, Energy Security, Clean Transportation and High Mobility Power

The Massachusetts Hydrogen Coalition is proposing seven initiatives to significantly expand the hydrogen and fuel cell industry in Massachusetts. These initiatives include developing the Massachusetts Clean Energy Corridor, establishing a Hydrogen and Fuel Cell Center, establishing a Clean Energy Export Program, greater Education and Outreach, increased state Resource Allocation and Procurement, and establishing appropriate Tax and Financial Incentives. As a first step, the Coalition will work collaboratively with representatives from state agencies, institutions, universities and industry leaders to develop the Massachusetts Hydrogen Roadmap.

To secure our energy future, produce locally generated hydrogen fuel, and establish a clean transportation infrastructure, the Coalition is holding a Hydrogen Generation Symposium focused on industry leading, innovative Hydrogen Generation solutions developed by three Massachusetts companies: Jeffrey Altman, CEO of Hy9 Corporation, presenting their membrane reformer solution; Larry Gestaut, VP Technology of Giner, Inc., presenting their electrolysis solution; and John Guerra, CEO of Nanoptek Corporation presenting their photocatalytic hydrogen production solution. To attend this important Symposium on June 14, and learn more about the activities of the Massachusetts Hydrogen Coalition, contact the Coalition or access the Coalition web site at www.massh2.org.