{"id":2515,"date":"2019-06-20T02:31:54","date_gmt":"2019-06-20T02:31:54","guid":{"rendered":"https:\/\/hydrogencouncil.com\/?p=2515"},"modified":"2024-02-28T20:09:11","modified_gmt":"2024-02-28T19:09:11","slug":"g20-in-japan-hydrogen-takes-centre-stage","status":"publish","type":"post","link":"https:\/\/hydrogencouncil.com\/en\/g20-in-japan-hydrogen-takes-centre-stage\/","title":{"rendered":"G20 in Japan: Hydrogen Takes Centre Stage"},"content":{"rendered":"\t\t
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Marking the start of the 2019 G20 Summit in Japan, the mountain resort of Karuizawa was abuzz last weekend with discussions on how to solve the biggest issues facing the international energy community. At a time when hydrogen technologies are gaining unprecedented momentum and support from governments and industry, hydrogen was on the agenda for several ministerial-level sessions \u2013 and Hydrogen Council members were there leading the way.<\/p>\n\n

At the invitation of Japan\u2019s Ministry of Economy, Trade and Industry (METI), the Hydrogen Council participated in official G20 events designed to elevate the benefits of a hydrogen economy and chart a path forward for those at the highest levels of government. Dedicated to coordinating collaboration between industry, investors, and policymakers, the Hydrogen Council advocated for immediate action as the most viable way to achieve a successful energy transition. And, to show the world what action looks like, the Hydrogen Council hosted a packed session with industry, investors and government officials to discuss the innovative financing schemes necessary to increase development and deployment of real-world hydrogen projects around the globe.<\/p>\n\n

The Hydrogen Council was also honoured to participate in the launch of the International Energy Agency\u2019s (IEA) landmark report<\/a> analysing the state of play for hydrogen solutions and offering guidance on their future development. The Hydrogen Council commends the report\u2019s findings and agrees wholeheartedly with the conclusion that, working together, we need to take advantage of the momentum behind hydrogen to scale up technologies and bring down costs with the help of the right government policies.<\/p>\n\n

It was an exciting weekend \u2013 but we\u2019re just getting started. Now with 60 members<\/a> covering all key geographies and sectors, the Council marches on and is looking forward to continued collaboration, engagement, enthusiasm and success as we move from this milestone to the next.<\/p>\n\n

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Hydrogen Council Helps Launch \u2018Future of Hydrogen\u2019 Report with IEA & METI<\/strong><\/p>\n\n

On Friday, 14 June, the International Energy Agency (IEA) and METI co-hosted an event to launch the IEA\u2019s report, The Future of Hydrogen: Seizing Today\u2019s Opportunities<\/a><\/em>. IEA Executive Director, Fatih Birol presented the report exclusively before a room of Hydrogen Council members \u2013 including Toyota, BP, Engie, and Johnson Matthey \u2013 and shared the IEA\u2019s key findings on the potential for hydrogen, barriers to deployment, and the four opportunities to scale up use. Minister Sek\u014d congratulated IEA on the report\u2019s launch and Hydrogen Council Co-Chair Beno\u00eet Potier noted the significance of the first-of-its-kind hydrogen report from the reputable global organisation.<\/p>\n\n

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The event was a great kick-off to the weekend \u2013 with the report and the Council\u2019s involvement covered by major news outlets \u2013 and was followed by a high-level celebratory dinner with key stakeholders. There, Hydrogen Council Co-Chair Euisun Chung welcomed guests with an invitation to continue working together towards the energy transition, with hydrogen leading the way.<\/p>\n\n

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View photos from the events here<\/a>.<\/p>\n\n

Read the IEA\u2019s press release here.<\/a><\/p>\n\n

Read the METI press release here<\/a>.<\/p>\n\n

Get the full report here<\/a>.<\/p>\n\n

Strategising with Investors to #ScaleUp<\/strong><\/p>\n\n

On Saturday, 15 June, the Hydrogen Council hosted its own event, #HydrogenNow: Investing in the Energy Transition<\/em>. The event convened Council members, government officials, investors and industry associations to showcase flagship hydrogen projects around the world and discuss ways to overcome the bottlenecks that prevent the investment needed for large-scale hydrogen deployment.<\/p>\n\n

The message to the packed room was clear: there are multi-billion-dollar hydrogen projects already in production or soon to deploy, so now is the time to invest. A roundtable discussion provided the investment community the opportunity to share its perspective on the concrete next steps that will help bring hydrogen technologies up to scale. Government officials spoke to the policies and incentives that will encourage research and development.<\/p>\n\n

Keynote speakers included:<\/p>\n\n