$10 Million Hydrogen Prize Offered by Gov't
05-11-06, 03:36 PM
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$10 Million Hydrogen Prize Offered by Gov't
WASHINGTON - Scientists, inventors and entrepreneurs will be able to vie for a grand prize of $10 million, and smaller prizes reaching millions of dollars, under House-passed legislation to encourage research into hydrogen as an alternative fuel.
Legislation creating the "H-Prize," modeled after the privately funded Ansari X Prize that resulted last year in the first privately developed manned rocket to reach space twice, passed the House Wednesday on a 416-6 vote. A companion bill is to be introduced in the Senate this week.
Full Story:
http://news.yahoo.com/news?tmpl=stor...drogen_prize_2
Legislation creating the "H-Prize," modeled after the privately funded Ansari X Prize that resulted last year in the first privately developed manned rocket to reach space twice, passed the House Wednesday on a 416-6 vote. A companion bill is to be introduced in the Senate this week.
Full Story:
http://news.yahoo.com/news?tmpl=stor...drogen_prize_2
Do you guys think the government is doing enough to support hydrogen research?
Also, I don't know about you, but I'd rock this hydrogen-powered Opel van in a quick second (see below).
M.
05-11-06, 03:46 PM
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Originally Posted by TheRupp
"Major Breakthrough" would probably be something like the effect that the GS450h had on the hybrid market.
As far as specfics go, I'm guessing range?
As far as specfics go, I'm guessing range?
M.
05-11-06, 05:43 PM
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What happened to the FINE-S? That's one hydrogen car that I definitely won't mind having.
Time to put some of your cool concepts into production, Toyota!
http://www.toyota.com/vehicles/future/fines.html
Time to put some of your cool concepts into production, Toyota!
http://www.toyota.com/vehicles/future/fines.html
05-11-06, 07:19 PM
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05-11-06, 09:56 PM
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Originally Posted by O. L. T.
repost, but I don't remember the original thread. I do remember my response though.....
$10 mil is not an incentive when it'll cost $50 mil to get it to a working prototype.
$10 mil is not an incentive when it'll cost $50 mil to get it to a working prototype.
This isn't anywhere close to enough money for people to innovate.
Sorry about the repost.
M.
05-11-06, 10:08 PM
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Originally Posted by videcormeum
Yep - those were my thoughts exactly.
This isn't anywhere close to enough money for people to innovate.
This isn't anywhere close to enough money for people to innovate.
Sadly, the infrastructure for hydrogen vehicles is simply not there to genereate enough interest from the market just yet. It's a chicken or egg thing. The prize money would be better spent in building distribution channels and refueling infrastructure for hydrogen vehicles. Once the chicken is there, eggs will be hatched naturally.
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05-11-06, 10:23 PM
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Originally Posted by XeroK00L
If an idea is truly what the market wants the real reward will not be the prize money but the profit from selling the resulting products.
Sadly, the infrastructure for hydrogen vehicles is simply not there to genereate enough interest from the market just yet. It's a chicken or egg thing. The prize money would be better spent in building distribution channels and refueling infrastructure for hydrogen vehicles. Once the chicken is there, eggs will be hatched naturally.
Sadly, the infrastructure for hydrogen vehicles is simply not there to genereate enough interest from the market just yet. It's a chicken or egg thing. The prize money would be better spent in building distribution channels and refueling infrastructure for hydrogen vehicles. Once the chicken is there, eggs will be hatched naturally.
Good point though.
M.
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