Bonn, Germany – As global leaders gathered at COP 23 in Bonn,18 key leaders in their industry verticals, united in The Hydrogen Council coalition, came together to launch first ever globally quantified vision of the role of hydrogen, developed with support from McKinsey. In addition to being a key pillar in of the energy transition, the study shows that hydrogen has the potential to develop US $2.5tn of business, creating more than 30 million jobs by 2050.
At the launch of the new roadmap came during the Sustainability Innovation Forum in the presence of 18 senior members of the Hydrogen led by co-chairs Takeshi Uchiyamada, Chairman of Toyota and Benoît Potier, Chairman and CEO, Air Liquide and accompanied by Prof. Aldo Belloni, CEO of The Linde Group, Woong-chul Yang, Vice Chairman of Hyundai Motor Company and Anne Stevens, Board Member of Anglo American.
During the launch, the Hydrogen Council called upon investors, policymakers, and businesses to join them in accelerating deployment of hydrogen solutions for the energy transition. It was also announced that Woong-chul Yang of Hyundai Motor Company will succeed Takeshi Uchiyamada of Toyota in the rotating role of the Council’s co-chair and preside the group together with Benoit Potier, CEO Air Liquide, in 2018. Mr Uchiyamada is planning to return as Co-chairman in 2020, coinciding with the Tokyo Olympic and Paralympic Games, an important milestone for showcasing hydrogen society and mobility.
Dr. Woong-chul Yang, Vice Chairman of Hyundai Motor Company said, “Every member of the Hydrogen Council shares and acts upon a common vision, to grow the hydrogen economy and help combat climate change,”. “Hydrogen energy is the key to building a more sustainable society but to achieve this we must drive fundamental changes in the global energy system. Hyundai Motor Company has already taken a lead in the automotive sector and hydrogen technology can also serve the needs of other industries. Therefore we call upon governments and investors to help us move ahead with the long-term plans to grow vital infrastructure that will allow the mass-production and utilization of hydrogen energy.”