Joanne McIntyre - 2 February 2017
Great news for the hydrogen and fuel cell community at the beginning of 2017: thirteen leading energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition.
The CEO's of the participating companies used the occasion of the World Economic Forum in Davos in January to kick off this important activity. In the first global initiative of its kind, the Hydrogen Counci
l is determined to position hydrogen among the key solutions of the energy transition.
is the most abundant chemical substance in the universe and is also the simplest, lightest element. It has huge potential as a ‘green’ energy because when it burns in air, it produces nothing but water vapor. It is therefore considered to be the cleanest possible, totally non-polluting fuel.
The move to create the Hydrogen Council was initiated by the industry grouping of FCH JU
(Fuel Cells & Hydrogen Joint Undertaking), Hydrogen Europe. The Council will work with, and provide recommendations to, a number of key stakeholders such as policy makers, business and hydrogen players, international agencies and civil society to achieve these goals.
Members of the Hydrogen Council include oil & gas majors Shell and Toyota, car manufacturers Toyota, BMW, Daimler, Honda and Hyundai, one of the world’s largest mining companies Anglo American and French energy provider Engie.
During the launch, members of the ‘Hydrogen Council’ confirmed their ambition to accelerate their significant investment in the development and commercialization of the hydrogen and fuel cell sectors. These investments currently amount to an estimated total value of EUR 1.4 billion/year.
This acceleration will be possible if the key stakeholders increase their backing of hydrogen as part of the future energy mix with appropriate policies and supporting schemes. Welcoming this development, FCH JU Executive Director Bart Biebuyck stated: "We are convinced the Hydrogen Council will play a determining role in positioning hydrogen as key solution within the changing energy landscape”.
The vision of the FCH JU is to develop by 2020 to the point of market readiness a portfolio of clean, efficient and affordable solutions that fully demonstrate the potential of H2 as an energy carrier and fuel cell as energy convertor, as part of an energy system that integrates sustainable solutions and energy supplies with low carbon stationary and transport technologies.
The infographic below, from Hydrogen Europe, explains how hydrogen technologies work.
Click on the image below for a bigger resolution.