January 16 (Renewables Now) - The Hydrogen Council on Wednesday announced 22 new members, among which infrastructure and renewables investor John Laing, energy and chemicals major Saudi Aramco, and electric vehicle (EV) and energy storage specialist Nikola Corporation.
The CEO-level advisory body now has 81 members -- large multinationals, innovative SMEs and investors -- with total revenues of over EUR 18.7 trillion (USD 20.8tn). Back in 2017 the initiative was launched by 13 members with the ambition for hydrogen to foster the energy transition.
The new members fall in three categories, including a newly formed Investor Group to support the scale-up of hydrogen solutions to help decarbonise transport, buildings, heavy industry and other sectors. This group is comprised of Antin Infrastructure Partners, BNP Paribas, Credit Agricole, John Laing, and Societe Generale. Five new steering members -- CNH Industrial (via IVECO), Michelin, Aramco Overseas Company, Schaeffler Group, and Siemens Power and Gas -- have joined the council. The new supporting members are Chart Industries, Chevron, ElringKlinger, Fortescue Metals Group, Galp, ILJIN Composites, MANN+HUMMEL, McDermott, Nikola Motor, Sinocat, Snam, and Woodside Energy;
The Hydrogen Council said hydrogen is expected to meet 18% of global energy demand by 2050.