Impacts of the American Recovery and Reinvestment Act and Investment Tax Credit on the North American Fuel Cell Backup Power and Material Handling Equipment Industries
Since a previous study of the North American non-automotive fuel cell industry by Greene et al. in 2011, the industry has achieved major cost reductions while at the same time improving the durability and reliability of its products. This report estimates the impact of government subsidies provided by the American Recovery and Reinvestment Act (ARRA) and the Investment Tax Credit (ITC) on the sales of fuel cell Backup Power (BuP) and Material Handling Equipment (MHE) by North American firms.