Tuesday, April 12, 2005
"Hydrogen + Fuel Cells on their way to commercialisation"
Hydrogenics Corporation (www.hydrogenics.com)
is a leading global developer of clean energy solutions, advancing
the Hydrogen Economy by commercializing hydrogen and fuel
cell products. The company has a portfolio of products and
capabilities serving the hydrogen and energy markets of today
and tomorrow. Hydrogenics, based in Mississauga, Ontario,
Canada, has operations in North America, Europe and Asia.
here to see impressions of the visit of Arno A. Evers at Stuart
Energy Systems Corporation and Hydrogenics Corporation, Mississauga,
ON, Canada, September 26, 2004
Dr. Hugo Vandenborre
Member of the Hydrogenics
Corporation Board of Directors
Chairman of the Board of Directors and Executive Vice President
Energy Corporation, Canada
Biography Dr. Hugo Vandenborre
Dr. Hugo Vandenborre was appointed as vice chairman of the
board of directors of Hydrogenics Corporation in January 2005
after the acquisition of Stuart Energy. Dr. Vandenborre was
the Chairman of the board of directors of Stuart Energy from
September 2003 to January 2005. Prior to February 2003, Dr.
Vandenborre served as the Chairman, President and Chief Executive
Officer of Vandenborre Technologies N.V., a private company
he founded in 1991. Dr. Vandenborre is a past President of
the European Electrochemical Engineering Society and the International
Hydrogen Energy Committee. He is a founding member of HYNET,
the European Hydrogen Energy Thematic Network. He has served
on various advisory committees of the Commission of the European
Union and in 2002 was appointed as member of the “High
Level Group” to advise the European Commission President,
the European Commission Vice President, who is responsible
for Energy and Transport, and the European Commission Research
Commissioner on hydrogen and fuel cells. He is member of the
Advisory Council of the European Commission to determine the
deployment strategy for a Sustainable Hydrogen Economy. He
is a director at different international companies, active
in Hydrogen. Dr. Vandenborre resides in Kasterlee, Belgium.
Perspectives of the Canadian Hydrogen Program
Dr. Hugo Vandenborre, Hydrogenics Corporation
Executive Vice President and Chairman of the Board
Canada has taken a leadership role in the research and development
of Hydrogen and Fuel Cells. The hydrogen and fuel cell sector
in Canada consists of over 80 companies employing 2,600 people.
Canadian R & D expenditures in 2003 were over $290 million
and revenue has been growing at 40% annually with 2003 revenues
at $188 million.
Canadian companies are well represented in the hydrogen economy
supply chain: hydrogen production technology, hydrogen purification
technology, hydrogen storage, proton exchange membrane manufacturing,
stack development, solid oxide fuel cell development, fuel
cell test equipment and venture capital firms.
A cluster of hydrogen and fuel cell companies exist in Vancouver
(British Colombia) with other clusters growing in Calgary
(Alberta), Toronto and Kingston (Ontario) and Montreal (Quebec).
The Canadian Hydrogen Economy has three major initiatives
are: the Hydrogen Village in the Greater Toronto area, the
Vancouver Fuel Cell Vehicle Program and the Hydrogen Highway
The Hydrogen Village Program started in 2004. It is a public
private partnership to accelerate and sustain the application
of fuel cell products and services. The Hydrogen Village Program
represents all aspects of the supply chain and consists of
41 companies and organisations who aim to promote hydrogen
and fuel cell technologies to the public and all stake holders.
The Vancouver Fuel Cell Vehicle Program demonstrates sustainable,
zero-emission based transportation technologies. It is also
an opportunity to test, demonstrate, deploy and evaluate proprietary
systems for hydrogen production. The Program has four Ford
Focus vehicles which drive around Vancouver’s lower
Mainland. The Vancouver Fuel Cell Vehicle Program has government
partners that consist of Natural Resources Canada, the British
Colombia Government and the National Research Council. The
Canadian Transportation Fuel Cell Alliance represents a cluster
of companies who participate in the Program.
BC’s Hydrogen Highway Program is a market demonstration
initiative designed to accelerate hydrogen and fuel cell commercialisation.
The Hydrogen Highways first phase will be launched by 2007
with seven highly visible refuelling locations (Whistler,
North Vancouver, Vancouver, UBC headquarters of National Research
Council, Vancouver Airport, Surrey and Victoria). Mobile,
stationary and micro fuel cell applications and infrastructure
will be demonstrated. The Hydrogen Highway will play a major
transportation role in the 2010 Winter Olympics and Paralympics
Games in Vancouver and Whistler (British Columbia).
Finally, Hydrogenics is Toronto (Ontario) based company with
offices in Burnaby (British Columbia) and hosts a number of
hydrogen and fuel cell demonstration projects across Canada.
Hydrogencis is publicly traded company listed on NASDAQ (HYGS)
in New York and the Toronto Stock Exchange (HYG).
Download the presentation (pdf)