New Hydrogen Council launches at Davos 2017

Thirteen leading energy, transport and industry companies launched a global initiative – the Hydrogen Council – at Davos 2017 to voice a united vision and long-term ambition for hydrogen to foster the energy transition.

In the first global initiative of its kind, the Hydrogen Council – unveiled at the World Economic Forum's Annual Meeting – seeks to position hydrogen among the key solutions of an energy transition strategy.

Significant investment

During the launch, members of the Hydrogen Council confirmed their ambition to accelerate their significant investment in the development and commercialization of both hydrogen and fuel cell sectors. These investments currently amount to an estimated total value of €1.4 Bn/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.

The Hydrogen Council is made up of 13 CEOs and Chairpersons from different industries and energy companies, including our chief executive Mark Cutifani, committed to help achieve the ambitious goal of reaching the two degrees Celsius target as agreed in the 2015 Paris Agreement.

“Hydrogen has an increasingly important role to play in decarbonising the global economy and in making it easier for all of us as consumers to play our part. At Anglo American, we are committed to supporting the development of the hydrogen and fuel cell sectors together with our partners, given the catalyst role that platinum plays in fuel cells themselves. Hydrogen-powered fuel cell electric vehicles offer the most natural solution for zero emission vehicles – emitting only water and requiring little change to the way we are all used to driving and refuelling our cars,”

Mark Cutifani, Chief Executive.

Other international companies currently involved are Air Liquide, Alstom, BMW GROUP, Daimler, ENGIE, Honda, Hyundai Motor, Kawasaki, Royal Dutch Shell, The Linde Group, Total and Toyota. The Council is led by two Co-Chairs from different geographies and sectors, currently represented by Air Liquide and Toyota.

A report entitled ‘How Hydrogen empowers the energy transition’ – commissioned by the Hydrogen Council – further details this future potential that hydrogen is ready to provide, and sets out the vision of the Hydrogen Council and the key actions it considers fundamental for policy makers to implement, to fully unlock and empower the contribution of hydrogen to the energy transition.

Learn more about our current fuel cell strategy for vehicles.

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