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Fuel cell costs sinking

According to the U.S. Department of Energy, the system cost for automotive fuel cells has gone from $275 per kilowatt in 2002 to $95 per kilowatt in 2008 and is projected to be $60 per kilowatt in 2009.

The target is $30 by 2015. The estimated cost for a gasoline engine is about $50 per kilowatt. These statements were made by Patrick Serfass, president of the National Hydrogen Association, in an interview with America.gov. These number are, however, hard to validate and some involved in real life hydrogen demonstration projects do not fully agree.

The article furthermore quotes George Sverdrup, technology manager for the National Renewable Energy Laboratory of the U.S. Department of Energy (DOE). Sverdrup works on its Hydrogen, Fuel Cells and Infrastructure Technologies Program. He is quoted saying that the three major challenges for producing hydrogen are: how to produce hydrogen at a cost of $2 to $3 per equivalent gallon of gasoline, how to store enough hydrogen on board a vehicle to economically allow a 300-mile [483-kilometer] driving range and how to get fuel cells to the point where they’re cost competitive with gasoline engines and as durable.

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