Roush Technologies, which already has extensive experience in the commercial vehicle sector, will be responsible for both adapting existing internal combustion-engines in vehicles and researching the development of new power units to utilise hydrogen fuel. ITM will provide the breakthrough refuelling solution by enabling vehicle operators to generate their own hydrogen fuel. Using a patented electrolyser, due to enter production at ITM’s special facility in Sheffield later this year, it is possible to make hydrogen fuel wherever there is a source of electricity and water. The advances in electrolysis technology that ITM has achieved elegantly address the hydrogen infrastructure issue by using the already developed electricity and water distribution network. The electrolyser can produce hydrogen from water and any source of electricity including off-peak or renewable energy – electricity generated by wind, wave or solar power. Unlike petrol or diesel, when hydrogen burns, it releases no CO2, merely water vapour. This agreement will enable both parties to jointly offer a complete package of hydrogen refuelling systems and hydrogen vehicles to customers. It is anticipated that first sales will be to large commercial or local government organisations that wish to demonstrate a commitment to reducing carbon dioxide emissions. Marketing to third parties will commence as soon as possible. Jim Heathcote, CEO ITM Power, said: "This is a significant co-operative agreement between two companies who are committed to bringing practical hydrogen power into the automotive market place within a dramatically reduced timeframe. Whilst it initially involves the commercial vehicle sector, it will demonstrate the wider potential of hydrogen technology to help cut CO2 emissions and reduce our dependence on fossil fuels.” Andrew Williams, Executive Chairman of Roush Technologies, added: "Both our companies recognise that bringing emission-free energy technologies forward and to market, requires an integrated approach. This involves the production and supply chain for the fuel – together with the development and applications engineering which enables its effective usage. In context therefore, this agreement acknowledges the considerable synergy between us, and the major benefits and opportunities which will flow from it.” |