South Carolina is one of only 14 states with a hydrogen strategy and we have the ability to capitalize on that plan by using existing resources. The United States hydrogen market is expected to exceed $1 trillion and one million jobs by 2020 and South Carolina is in a unique position to secure a great deal of those jobs. Current estimations state that hydrogen and fuel cell job potential for South Carolina and surrounding communities is 40,000, but we have the distinct ability to create more.
In 2005, Toyota Motor Corporation invested approximately $1 million in the Center for Hydrogen Research in Aiken. BMW, which has facilities in Greenville, recently announced plans to produce hydrogen cars by 2010 and the nearby GE Energy facilities works closely with developing fuel cells.
South Carolina’s universities continue to expand, creating new and exciting locations for hydrogen research and development while stimulating economic growth. Clemson University’s International Center for Automotive Research will soon be a premier automotive design and integration facility. South Carolina State University’s Clyburn Transportation Center is also conducting research in transportation and education. The University of South Carolina is expanding to include its new research center and district, Innovista, which is conducting research in fuel cell capability and use.
Programs like the South Carolina Research Authority's SC Launch Program continue to create incentives for entrepreneurs and companies to drive innovation and economic development in South Carolina. USC’s Innovista will create housing, jobs and educational outlets in Columbia and the Center for Hydrogen Research in Aiken is leasing lab space to industry and commercial researchers devoted to hydrogen research and development.
In July 2006, the National Hydrogen Association announced that it has selected Columbia, SC and the SCHFCA to host its annual conference in 2009. The economic impact of the conference is estimated at $1 million with around 1,500 visitors and 100+ exhibitors. The announcement of the NHA conference is a significant step towards recognizing South Carolina as a world leader in hydrogen research initiatives.
In December 2006, S.C. House Speaker Bobby Harrell proposed $15 million in state grants and tax credits to companies that partner with South Carolina-based institutions and conduct hydrogen fuel research in the state. The $15 million South Carolina Hydrogen Infrastructure Development Fund would be available to private companies that work with USC, Clemson, S.C. State University and the Savannah River National Laboratory.
The plan is centered on two points: developing a clean alternative fuel and creating jobs. The plan will also capitalize on South Carolina's ability to limit its dependence on foreign sources of oil.
South Carolina's existing hydrogen research and development base positions us at the forefront of the hydrogen revolution. Current, past and ongoing projects of the Alliance will enable long-term growth in South Carolina while keeping us on the cutting edge of hydrogen research.
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