Icelandic New Energy Co, research and development consortium, based in Reykjavik, Iceland, is considering its future direction. Two people met his first major goal - to set the world's first commercial hydrogen filling station and coordinate public transportation with a test project of the three hydrogen-fueled buses. The company was founded with the overall purpose of the study building is intended to replace the use of fossil fuels in Iceland based on hydrogen fuel and hydrogen to create the first company in the world. Working towards the goal of self-reliance on fossil fuels, Icelandic New Energy Company was founded in 1999 by a consortium Vistorka and the three main partners, each of which is part of the testing - Royal Dutch Shell (gas station), Norsk Hydro (electrolysis technology to make hydrogen) and DaimlerChrysler (fuel cell vehicles using hydrogen fuel). Shareholders' agreement, created with the company's inception in 1999, which expires in 2005. With all of the main activities to outsourcing and contract, the team wondered how he could keep the company as a going concern and to facilitate the transition to a hydrogen economy in Iceland - a feat that can take more than 15 years of "Hide
By Pratima Bansal, Ken, Mark, Jordan Mitchell Source: Richard Ivey School of Business Foundation 33 pages. Publication Date: December 16, 2004. Prod. #: 905M01-PDF-ENG
