Hydrogen Council

Hydrogen Council
Formation January 17th, 2017 (January 17th, 2017)
Type Commercial Affiliation; CEO-level Advisory Body
Purpose Industrial Development
Headquarters Belgium
Region served
Worldwide
Website hydrogencouncil.com

The Hydrogen Council is a group of 39 companies within energy, transport and industry who are working together to promote hydrogen as a key component of the energy transition.[1]

Formation

The Hydrogen Council announced their formation at the World Economic Forum in Davos on January 7, 2017.[2] The aims of the initiative are 'to explain why hydrogen emerges among the key solutions for the energy transition, in the mobility as well as in the power, industrial and residential sectors' as expressed by the CEO of Air Liquide in one of two formal statements[3] made at the Forum.[4] $10.7 billion were announced as being made available to support the aims of the council over a 5-year period.[5][6]

Members

Steering members include 3M, Air Liquide S.A., Alstom, Anglo American plc, Audi AG, BMW Group, Bosch, China Energy, Daimler AG, Engie S.A., GM, Great Wall Motor, Honda Motor Co. Ltd, Hyundai Motor Company, Iwatani Corporation, JXTG Nippon Oil & Energy Corporation, Kawasaki Heavy Industries Ltd., Plastic Omnium, Royal Dutch Shell, Statoil ASA, The Linde Group, Total S.A., Toyota Motor Corporation and Weichai.

Supporting members include Ballard, Plug Power, Faber Industries, Faurecia, First Element Fuel (True Zero), Gore, Hexagon Composites, Hydrogenics, Marubeni, McPhy, Mitsubishi, Mitsui & Co, Nel Hydrogen, Royal Vopak and Toyota Tsusho.

Reports

Two reports have been released by the Council ('How hydrogen empowers the energy transition' January 2017,[7] and 'Hydrogen scaling up: A sustainable pathway for the global energy transition' November 2017[8]) outlining a path towards increased use of hydrogen as an energy carrier and feedstock within transport, industry applications, for residential and commercial building heat and for electricity generation. The reports were authored by the Study Task Force of the Hydrogen Council with analytical support from McKinsey & Company.

Scenarios outlined in the reports suggest that hydrogen technologies could contribute to meeting 18% of the world’s final energy demands, avoiding 6 Gt of CO2 emissions and creating a market with revenues of $2.5 trillion each year while providing 30 million jobs by mid-century.[9]

Investments of $20–25 billion annually for a total of $280 billion up to 2030 are outlined within the reports.

References

  1. ↑ "Hydrogen Council". http://hydrogencouncil.com/. External link in |website= (help)
  2. ↑ Smedly, Mark. "Hydrogen lobby launched at Davos". naturalgasworld.com. Natural Gas World. Retrieved 17 April 2018.
  3. ↑ "New Hydrogen Council launches in Davos". http://www.h2fcsupergen.com. Imperial College London. Retrieved 17 April 2018. External link in |website= (help)
  4. ↑ "Davos Summit: New 'Hydrogen Council' vows to accelerate global fuel cell market". businessgreen.com. businessGreen. Retrieved 17 April 2018.
  5. ↑ Lippert, John. "Toyota, Shell Among Giants Betting $10.7 Billion on Hydrogen". https://www.bloomberg.com. Bloomberg. Retrieved 17 April 2018. External link in |website= (help)
  6. ↑ LeSage, John. "Why Are Shell And Toyota Backing Hydrogen Fuel Cell Vehicles?". https://oilprice.com/. OilPrice.com. Retrieved 17 April 2018. External link in |website= (help)
  7. ↑ "How hydrogen empowers the energy transition" (PDF). https://hydrogeneurope.eu. External link in |website= (help)
  8. ↑ "Hydrogen scaling up" (PDF). http://hydrogencouncil.com. External link in |website= (help)
  9. ↑ "11 more multinationals join Hydrogen Council". greencarcongress.com. Green Car Congress. Retrieved 3 May 2018.
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