Johnson Matthey (JM) has joined the Hydrogen Council, the largest industry-led effort seeking to develop the economy in the alternative fuel.
Joining a range of energy, transport and industry companies, Johnson Matthey becomes one of 14 additional members to back the initiative. Eight of these, including Johnson Matthey, join the group at steering member level.
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Hydrogen has the potential to play a significant role in the energy transition. Its high energy density and the fact it allows clean, long-term storage and transportation of large volumes, make it a viable option in a low carbon society.
Tougher legislation, climate change and an increasing demand for sustainable solutions are accelerating investment in the commercialisation of hydrogen solutions.
"As a leader in science that makes the world cleaner and healthier, our commitment to developing leading hydrogen technologies as enablers for the future energy mix is long-standing," said JM chief executive, Robert MacLeod.
"It is based on decades of R&D and commercialisation of new technologies plus a thorough understanding of their applications, which gives us confidence in hydrogen's viability and competitiveness.
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By GlobalData"We believe the Hydrogen Council has an important role in developing the economic, commercial, industrial opportunities for hydrogen and supporting global policy change."
Since launching in January 2017 at the World Economic Forum, the initiative has more than quadrupled in size and now has 53 members from 11 countries.
