Published on September 6th, 2018 | by Subhash Nair0
Global Hydrogen Coalition Quadruples Size in 18 Months
The Hydrogen Council, a global CEO coalition for hydrogen technologies, is excited to welcome an additional 14 members, a second major wave of growth this year. Eight companies join the group at steering member level: Airbus, Air Products, Cummins, EDF, Johnson Matthey, KOGAS, SINOPEC and thyssenkrupp, alongside six new members at supporting level: AFC Energy, Mitsubishi Heavy Industries, Ltd., Re-Fire Technology, Sumitomo Mitsui Banking Corporation, Sumitomo Corporation, and Southern California Gas. In addition, Faurecia upgrades its membership to steering level.
As a result, the Hydrogen Council now brings together an impressive group of 53 leading companies, accounting for 3.8 million jobs and €1.8 trillion in revenue from across 11 different countries. The group has more than quadrupled in size since launching at the World Economic Forum just 18 months ago. This rapid expansion – with influential players entering from across geographies and aspects of the value chain – reflects surging interest in global hydrogen deployment.
The announcement comes ahead of the Council’s next annual CEO meeting that will take place during the Global Climate Action Summit (GCAS) in San Francisco, USA next week. The meeting will see C-suite leaders of Council member companies come together for a day of strategic discussions, action planning and engagement with stakeholders, all geared towards delivering on a joint vision of hydrogen averting 6 Gt of CO2 emissions, creating a $2.5 trillion market and providing employment for more than 30 million people by mid-century. The Council has been also invited to present its work as part of the GCAS programme.