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

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Ohio’s Fuel Cell Initiative

Mike McKayTeam Leader

Ohio Fuel Cell InitiativeOhio Department of Development

The Third FrontierA Vision for Ohio’s FutureThe Third FrontierA 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 TaftState of the State Address

February 5, 2002

The Program – Ohio 3rd 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 3rd 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 FundingAdvanced Energy Technology, Inc. $1,044,226Vanner, Inc. $1,000,000Technology Management, Inc. $999,762Technology Management, Inc. $975,000SOFCo $975,000 MetaMateria Partners, LLC $968,426EMTEC $865,027AMP-Ohio/City of Westerville $839,016 SOFCo $791,108Advanced Energy Technology, Inc. $781,787 NexTech Materials, Ltd. $640,000 EMTEC $150,000 Edison Welding Institute $150,000Ohio 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, 2004- 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

• 2nd in automotive & fabricated metals

• 3rd 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 InitiativeOhio Fuel Cell Initiative

Mike McKayTeam Leader

Ohio Department of DevelopmentTechnology Division77 South High Street, 25th FloorColumbus, OH 43215-6130(614) [email protected]