Ohio’s Fuel Cell Initiative Mike McKay Team Leader Ohio Fuel Cell Initiative Ohio Department of Development.

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Presentation transcript:

Ohio’s Fuel Cell Initiative Mike McKay Team Leader Ohio Fuel Cell Initiative Ohio Department of Development

The Third Frontier A Vision for Ohio’s Future

The Third Frontier Project Vision “Our goals are simple: we’ll invest in our strengths, we’ll build dynamic new businesses, and we’ll create an explosion of high-paying jobs in Ohio...” Governor Bob Taft State of the State Address February 5, 2002

The Program – Ohio 3 rd Frontier Project $1.1 billion economic development initiative to strengthen Ohio’s economy State investment will leverage private and federal support for a total investment of $4.5 billion Represents Ohio’s largest-ever investment in expanding research capabilities and promoting start-up companies

The 3 rd Frontier Project Designed to encourage collaboration among and between industry, government and universities Transition Ohio’s economy from aging manufacturing base to a more dynamic economy based on research and innovation Build on Ohio’s strengths (as identified by Battelle): Advanced Materials Biosciences Instruments, Controls and Electronics Information Technology Power and Propulsion The return on investment? A vibrant, diverse economy providing high-paying jobs and an enhanced quality of life for all Ohioans

Wright Capital Fund Wright Centers of Innovation –Represent investments in large-scale, multi- institutional research and commercialization centers Wright Projects –Smaller capital projects involving research and commercialization activities

State Funding Wright Centers of Innovation -Power Partnership for Ohio -$18 million Wright Project -Advanced Prototyping User Center -$2 million

Ohio Fuel Cell Initiative Announced by Governor Taft on 5/9/02 $103 million, 3 year effort Core focus areas: 1) Expand the state’s research capabilities; 2) Participate in demonstration projects, including hydrogen infrastructure; and 3) Expand the fuel cell industry in Ohio

What Is A Fuel Cell?

Why Are They Important? Strengthen National Energy Security Reduce Greenhouse Gas Emissions Reduce Air Pollution Improve Energy Efficiency Huge Markets

Ohio Fuel Cell Initiative Financing - $75 million RD & D - $25 million Training - $3 million

Ohio’s Fuel Cell Team Ohio Dept. of Development -Technology -Economic Development -Energy Efficiency Ohio Air Quality Authority -Ohio Coal Development Office

State Funding Advanced Energy Technology, Inc. $1,044,226 Vanner, Inc.$1,000,000 Technology Management, Inc.$999,762 Technology Management, Inc. $975,000 SOFCo $975,000 MetaMateria Partners, LLC $968,426 EMTEC $865,027 AMP-Ohio/City of Westerville $839,016 SOFCo $791,108 Advanced Energy Technology, Inc. $781,787 NexTech Materials, Ltd. $640,000 EMTEC$150,000 Edison Welding Institute$150,000 Ohio Fuel Cell Coalition$100,000 $10,279,352

Ohio Fuel Cell Coalition A consortium of industry, academic, and government leaders from throughout Ohio 45 members - 28 companies - 11 universities - 6 government entities Ohio Fuel Cell Symposium - May 25, Conference Center at North Pointe, Lewis Center

Ohio Fuel Cell Coalition

Why Ohio is the State for Fuel Cells Ohio Fuel Cell Initiative Third Frontier Project Wright Centers of Innovation Wright Capital Projects Strong Industry & Manufacturing Strong Research & Development

Ohio’s Strengths $1.9 billion polymer industry 2 nd in automotive & fabricated metals 3 rd in manufacturing Leader in industrial machinery and equipment and instruments and controls

Next Steps Federal Investments Ohio Fuel Cell Roadmap State Program

Ohio Fuel Cell Initiative Mike McKay Team Leader Ohio Department of Development Technology Division 77 South High Street, 25th Floor Columbus, OH (614)