Market Trend The Hydrogen Council Now has 100+ Members
The global council aims at accelerating the energy transition with hydrogen and has recently welcomed 17 new members to the council, thus taking the total count to 109 companies. The new member companies include CF Industries, Sabic, Solvay, Uniper, Acme, Black & Veatch, Petronas, Reliance Industries, and many more.
Brussels/Belgium – After a year of unprecedented momentum for hydrogen, the Hydrogen Council, a global coalition of CEOs committed to accelerating the energy transition with hydrogen, has recently welcomed 17 new members. Launched by thirteen founding members in 2017, the Council now counts 109 companies from 20+ countries around the world, bringing together an even wider range of sectors along the entire hydrogen value chain.
The Hydrogen Council is joined by six new steering members: CF Industries, Chemours, MSC Group, Sabic, Solvay and Uniper; nine supporting members: Acme, Black & Veatch, Bureau Veritas, Delek US, Enbridge Gas, Petronas, Reliance Industries, Sinoma Science & Technology and Tokyo Gas; and two new investors: GIC and Natixis. With these new members, the Hydrogen Council continues to grow not only in size, but also in diversity.
The new members are headquartered across Europe, the United States and Asia, and represent sectors including shipping and logistics (MSC Group), chemicals (Chemours, Sabic, Solvay), energy infrastructure and distribution (Uniper, Delek US, Enbridge Gas, Petronas, Tokyo Gas), ammonia production (CF Industries), material technology (Sinoma Science & Technology), testing and certification (Bureau Veritas), engineering and construction (Black & Veatch) and finance (GIC, Natixis). Solar energy company Acme and conglomerate Reliance Industries are the first Indian companies to join the Council.
The announcement comes as the Hydrogen Council and the hydrogen industry worldwide are ramping up efforts for the next stage in the development of the global hydrogen economy.
“We’re delighted to welcome seventeen new companies to our global initiative. The variety of industries and geographies represented in the Hydrogen Council demonstrates a widespread understanding that hydrogen is a key element of the global effort for a low-carbon future. Our group will continue to play its strategic guidance role to bring hydrogen markets to scale,” said Benoît Potier, Chairman and CEO of Air Liquide and Co-chair of the Hydrogen Council.
Takeshi Uchiyamada, Chairman of the Board of Toyota Motor Corporation and Co-chair of the Hydrogen Council added: “Hydrogen can help deliver a cleaner future for our economies and societies. Backed by the experience and data provided by 100+ companies, the Hydrogen Council can help the industry to grow and deliver competitive projects.”
On January 18-19, 2021, the CEOs of Hydrogen Council member companies will convene virtually for the coalition’s annual meeting to set priorities for the year to come. “I look forward to this great opportunity to bring together a strong group of leaders to discuss the decisive action needed to turn recent public support for hydrogen into positive outcomes,” said Daryl Wilson, Executive Director of the Hydrogen Council. “In 2020, a long list of countries and regions announced new hydrogen strategies and committed to concrete targets and financing support for hydrogen as part of their sustainable recovery plans. In 2021, Council members will work to channel this momentum into bold action.”