The continued growth of the Council is in direct response to the acknowledgement that hydrogen can play an important role in decarbonising the global economy.
This group of new members brings the Council to 60 companies in total, collectively representing more than €2.6 trillion in revenue and 4.2 million jobs around the world.
The coalition has more than quadrupled since its launch in 2017 with 13 founding members. Covering all key geographies and sectors, it uses its global reach to provide guidance on scaling hydrogen use around the world.
BP is the latest to join the Council as a steering member, while AVL, ITOCHU Corporation, The Liebherr Group, Power Assets Holdings Limited, and SinoHytec have all signed up as supporting members.
“Hydrogen will play an important role in a low carbon future, both as an energy product and as an industrial feedstock. BP is pleased to be joining the Hydrogen Council and will work with its members to promote and develop large-scale, low-carbon hydrogen-based opportunities,” enthused Bob Dudley, Group Chief Executive of BP.
“I welcome our newest members and look forward to working together to build the hydrogen economy”
Euisun Chung, Hyundai Motor Group and Hydrogen Council
Euisun Chung, Executive Vice-Chairman of Hyundai Motor Group and Co-Chair of the Hydrogen Council, was equally emphatic, commenting, “The global hydrogen industry is stronger than ever. Businesses are betting on hydrogen, investing in multi-billion-dollar projects and developing new products. Hydrogen Council members are leading this effort and working to increase cooperation between industry, government, and investors.”
“I welcome our newest members and look forward to working together to build the hydrogen economy.”
In a progressive year for both the Hydrogen Council and the hydrogen energy cause, the Council has joined the Clean Energy Ministerial’s Hydrogen Initiative, a new effort led by several CEM member countries that will drive international collaboration on policies, programmes and projects to accelerate the commercial deployment of hydrogen, and has also co-hosted a CEO-minister roundtable at the World Economic Forum to exchange views at the highest level.
This was most recently followed up member participation in several events in conjunction with the G20 Summit, including presenting before G20 Energy Ministers, the Japanese Ministry of Economy, Trade and Industry, and representatives from the international investor communities. The Council also participated in the unveiling of the first-ever hydrogen-focused report by the International Energy Agency.
“At a time when hydrogen is a major focus at the G20, I am energised by the growth of the Council and the work we are doing internationally,” reflected Benoît Potier, Chairman and CEO of Air Liquide and Co-Chair of the Hydrogen Council.
“The Council is committed to creating strong, global action toward hydrogen deployment. With a steady stream of new initiatives, partnerships and commitments, the momentum is undeniable.”
H2 View – a new publication for the hydrogen economy
Such momentum will soon be reflected and enhanced by the launch of a new publication devoted entirely to the hydrogen economy, H2 View.
A new publication to support and promote the growing hydrogen economy, H2 View will be built around three core pillars of Mobility, Power and Technology and provide the platform for news, views, and analysis throughout the hydrogen energy supply chain.
H2 View will launch this July (2019).