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AFC Energy to join Hydrogen Council ahead of Global Climate Action Summit

"I am delighted that AFC Energy is joining the Hydrogen Council, supporting what represents a first-of-its-kind global CEO initiative to foster the role of hydrogen technologies in the global energy transition to a sustainable, cleaner future."
Golden gate bridge, San Francisco
The Global Climate Action Summit takes place in San Francisco later this month

Fuel cell firm AFC Energy plc (LON:AFC) told investors that it has been invited to join the Hydrogen Council, a coalition for hydrogen technologies.

AFC will be a new ‘supporting member’ alongside five other members - Mitsubishi Heavy Industries, Re-Fire Technology, Sumitomo Mitsui Banking Corporation, Sumitomo Corporation, and SoCalGas.

The Hydrogen Council has a group of ‘steering members’ including Airbus, Air Products, Cummins, EDF, Johnson Matthey, KOGAS, SINOPEC and ThyssenKrupp.

After being launched eighteen months ago at the World Economic Forum it now ‘brings together’ a total of 52 companies - representing some 3.8mln jobs and €1.8 trillion of revenue.

READ: The hydrogen market could ultimately be worth US$2.5trn

"I am delighted that AFC Energy is joining the Hydrogen Council, supporting what represents a first-of-its-kind global CEO initiative to foster the role of hydrogen technologies in the global energy transition to a sustainable, cleaner future," said Adam Bond, AFC Energy chief executive.

"AFC Energy looks forward to working alongside so many of our industry-leading partners."

The Hydrogen Council is next due to meet at the Global Climate Action Summit in San Francisco later this month, between September 12 and September 14.

At the event, members will participate in strategic discussions, action planning and engagement with stakeholders.

Benoit Potier, Hydrogen Chairman co-chair and Air Liquide chief executive, said: “The level of interest in this initiative has exceeded all expectations and the group's composition - including world leaders in energy, transport, industrial gas and other key areas - shows that global business considers hydrogen a vital part of energy transition efforts. I look forward to a productive meeting in San Francisco."

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Newswire
November 01 2018

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