
A new study was just published in which researchers estimated it would cost $200 Billion in research and infrastructure to bring fuel cell vehicles to mass market levels.
The study analyzed the cost of bringing 2 million fuel cell cars to the roads by 2020 and 25 million by 2030. It was determined that to achieve such a ramp up, the government would need to spend $55 billion between 2008 and 2023 and private industry would need to spend $145 billion.
It was noted in the article that the high and rising cost of platinum makes of 57% of the cost of fuel cell stacks and was a significant barrier, as well, from the article "future platinum supply is a critical issue in forward projections of fuel-cell costs."
So while a production-intent fuel-cell Chevy Volt program is underway at GM, there remains serious considerations whether fuel cells will become the dominant vehicle type.
The study logically concludes that the best approach to displacing petroleum will be to develop a portfolio of alternative fuel vehicles including battery EVs, hybrids, and bio-fuel cars in addition to fuel cells.
Source (Marketwatch )
On a somewhat related note, Al Gore just gave a speech in which he challenged the U.S. to an initiative to achieve 100% fossil-fuel free electricity in 10 years. He cited not just environment concerns but those of national security as well.
Source (Text of Speech )



