 For this session, we're going to hear from two folks who have been working in this whole field with regard to fuel cells for a lot of years and both of them and We will first hear from Ruth Cox who is executive director of the fuel cell and hydrogen energy Association and after Ruth speaks that we will then hear from Bob Rose who is executive director of breakthrough technologies Institute Thank you Welcome everybody glad to have you here in the audience I'm going to actually talk about fuel cell electric vehicles and the clean transportation portfolio and Bob I think is going to focus a lot of more on some of the stationary and portable applications for fuel cells and I do want to make the point though that one of the most important things to take away from this is that fuel cells and Hydrogen are integral components to the clean energy portfolio They enhance every other energy option. We have they enhance the performance of renewables You're able to take excess wind or solar power Converted into hydrogen and use it to power vehicles or other applications in the case of fossil fuels Which are going to be with us for at least another century You can process them more efficiently and without negative environmental impacts and In the case of just distributed generation in general. It's more reliable It's more efficient and ultimately it's going to be more cost-effective So it's really important to know that we're not we don't operate in isolation We operate in the context of an emerging energy network and we have a very important role to play very much like a Cisco Server has in a telecommunications network I think the other important point to make is that the transport sector in particular because it contributes so much to our dependence on foreign oil and on You know the Generating greenhouse gas emissions and other net, you know harmful emissions In order for us to meet our goals Our energy security goals our national security goals our economic Development goals as well as our environmental goals Fuel cells and fuel cells and hydrogen fuel cell electric vehicles must be part of the clean transportation portfolio And you don't have to take my word for it You can take McKinsey and companies word for it or the National Academies of Science and many other Various steamed organizations that have already come to this conclusion and published such findings So I think that's a you know if we're really serious about getting off of foreign oil You're not going to be able to do it with batteries alone You're not going to be able to do it with just batteries and biofuels Fuel cell electric vehicles need to be part of that mix the third point I'd like to make is that refueling infrastructure is on the critical path Without putting hydrogen refueling infrastructure in place for the transport industry. You're not going to sell cars And if you look at our position vis-a-vis Japan Korea Germany China We are falling behind we used to be ahead we were the leader in this industry and because of the shift in administration and and you know we've been What's the word not embraced? by secretary Chu For all the wrong reasons or for false reasons We're now falling behind so Germany is committed to a thousand refueling stations in by 2017 Japan a hundred refueling stations by 2015 They're talking about two million fuel cell electric vehicles on the road by 2025 Korea doing something very similar and China's doing a lot. They're just not talking about it to us So what that does is it disadvantages the American automakers? So GM which has invested two two billion plus dollars in their development of their fuel cell electric vehicle Is not going to be able to compete as effectively as Honda and Toyota and Hyundai and Daimler? because in their countries they're building infrastructure and they're going to sell cars and they're going to drive the cost curve down and You know it disadvantages American companies So in American competitiveness in general is at stake because of what's happening right now And it's not just the funding cuts that we've received. It's the rhetoric It's the lack of understanding of the fundamental role that fuel cells and hydrogen play in our clean energy portfolio that are Giving negative signals to the investors negative signals to manufacturers and negative signals to end users And we need to turn that around now We've had great support from Congress and we really appreciate it and we're going to have to continue to call on their support And I'm hopeful. You know that we're going to achieve Some big successes in the near future and take the our rightful place in the clean energy portfolio. So thanks very much Thanks for it. Thanks very much. I want to focus today on one of the mispercept misperceptions that Surrounds the fuel cell industry and that's the misperception that the that this is a an industry that's focused Primarily are almost exclusively on research and that products are a long way away The fuel cell industry is a billion dollar industry today It has in its own a tremendous growth path I was at a meeting earlier this week with a company and an international company that That told us that they were planning on shipping their one million fuel cell next year So this is not a technology that's in the in the distant future. This is a technology that's finding market traction today Admittedly it's it's finding track traction primarily in niche markets But every technology as it emerges from the laboratory goes for the same thing those of us who? Who are old enough remember that a time when you couldn't get up? Solar-powered pocket calculator now. I think every single Calculator available including those you get free has a little solar cell on it So it's natural for technologies to start there and while these may be niche markets They're huge markets. You know the advanced energy industry is a 240 billion dollar marketplace So fuel cells don't need a very good percentage to do pretty well And and as we're seeing with solar and wind and wind power particularly those that market traction is producing profits the u.s. Does have the lead in Combined heat and power systems for fuel cell combined heat and power systems and in goods movement 80 megawatts of combined heat and power shipped last year Thousands of forklifts of all kinds shipped last year back up systems for telecom emergency and military and other high-value commercial applications and And it it isn't just glorified science projects Companies like Google and eBay Wegmans Walmart Sprint Verizon Motorola Ikea staples the list goes on and on and if you want to see You want to see how those companies are doing and what they're reporting themselves not me But what the companies who are using fuel cells reporting you can See a pick up a copy of this online at fuelcells.org which we are proud to To be the host of a business case for fuel cells If you're interested in what your states are doing and there's a tremendous amount of activity in the states You can pick up our brand-new state of the states report And if you want to take a peek at the economics of the fuel cell industry and the status of the major fuel cell markets This is a Department of Energy product the 2010 fuel cell market report The other thing I think it's important to remember in fuel cells is that that the US has a tremendous Tremendous patent position in fuel cells. We are by far the largest Patent issuing country for fuel cell technologies 47% of the fuel cell patents between 2200 and two in 2010 were US patents And that is a there is it's a huge gap between the number of fuel cell patents issued in those years Compared to solar and wind made perhaps a thousand fuel cell patents overall It's also an industry that employs 10,000 Americans And there's a tremendous amount of growth in particularly in in companies in the combined heat and power world I think they can conservatively estimate 25% growth In US jobs in the course of the next year alone That's in short I hope I've convinced you that this is a technology or a family of technologies that can't be ignored and shouldn't be ignored But it's not to say that the job is done I think it every one of the advanced energy technologies that carries a Public benefits in terms of efficiency security And in the case of I think increasingly the case with fuel cells and others return on investment for those people who buy them The partnership with the government is a is a crucial piece of it particularly in these formative Years when when mark we're just getting a toehold in these markets There are a number of pieces of legislation Introduced in the Congress that's really the fuel cell and hydrogen energy associations Piece of business so you can certainly check with them on the specifics of it But there's plenty of opportunities to get involved in this on the policy side both in terms of Larger policy issues such as renewable energy standard and in terms of more specific issues such as tax support for fuel cell deployments So with that And I Think that was the there were a lot of important points there and a couple things that that I personally have always thought were Very valuable with regard to fuel cells is that they are? Modular, you know, there are a lot of applications in terms of stationary as well as thinking about In terms of transportation, but also they are quiet They don't produce emissions you get some water out of it and the and another thing As we hear more and more in terms of the need for Reliability and resilience with regard to the grid you will find that Companies who are absolutely? Reliant upon not having any interruption in high quality power That you're going to find fuel cells there to help make sure that they do have that kind of reliability So as as Bob was also saying, you know, it's important for us all to remember how all of these technologies actually Mutually really support and reinforce each other and it's important to think about these synergies and How it all gets married together in these blended and hybrid systems and that is a really really exciting Peace that makes all of this actually fun So thank you very very much and now and please, you know Make sure to follow up and see these booths and now we're going to move to the next panel So thank you all for hanging in