A global initiative to drive use of hydrogen has been agreed at the World Economic Forum in Davos. Thirteen leading energy, transport and industry companies launched the initiative to "voice a united vision and long-term ambition for hydrogen to foster the energy transition".
The Hydrogen Council aims to position hydrogen among the key solutions of the energy transition. During the launch, members of the Hydrogen Council confirmed their ambition to accelerate their significant investment in the development and commercial-isation of the hydrogen and fuel cell sectors. These investments currently amount to an estimated total value of 1.4bn per 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 companies currently involved are: Air Liquide, Alstom, Anglo American, BMW, Daimler, ENGIE, Honda, Hyundai, Kawasaki, Royal Dutch Shell, The Linde Group, Total and Toyota. "Thanks to the substantial progress in hydrogen and fuel-cell technologies in recent years, the much-quoted ’energy carrier of the future’ has finally become available," said Professor Dr Aldo Belloni, chief executive officer of Linde.