Hydrogen Council
310 hydrogen refuelling stations in Korea by 2022 - Industry and government launch
dialogue to accelerate roadmap to mass market
Seoul, Korea, 06 February 2018 – Today, executives from leading international oil & gas, energy,
science & technology and automotive companies gather in Seoul for a first-of-its-kind strategic
dialogue with the Korean government on how to accelerate the deployment of hydrogentechnologies in the region.
Taking place amid a series of bold announcements on hydrogen around the world, the inaugural“International Hydrogen Energy Forum” brings together top representatives from the Korean
National Assembly as well as several Korean ministries with members and guests of the Hydrogen
Council. This includes market leaders such as 3M, Air Liquide, Audi, Great Wall Motor, Hyundai,Iwatani, Kawasaki, Plastic Omnium, Shell, The Linde Group, Toyota, and Weichai. Hydrogen Council
supporting members Faurecia, Toyota Tsusho, Mitsui and Gore will also be in attendance.
This meeting represents the first step in the Hydrogen Council’s strategic effort in 2018 to launch amultilateral dialogue between industry, policy makers and investors to accelerate deployment ofhydrogen technologies to address challenges posed by the energy transition. If deployed at scale,hydrogen technologies could deliver about a fifth of the world’s energy demand by mid-century,
while reducing CO2 emissions by 6Gt annually and creating 30 million jobs1.
The Hydrogen Council’s latest study - Hydrogen, scaling up - identified Korea as leading world-wide
adoption of hydrogen-powered fuel cell vehicles, alongside Germany, Japan and California. By 2030,
hydrogen-powered passenger cars could make up close to 3% of new vehicle sales - meaning in
Korea almost every 12th car sold could be fuelled by hydrogen2. The Korean government has alsoannounced ambitious plans to reduce overall CO2 output by 37% until 2030 compared to business as
usual, a goal which goes hand in hand with the announcement of increased investments in hydrogen
refueling stations – with a target of 310 by 2022.
“We are thrilled to see the Hydrogen Council come to Korea and make such a strong, concrete casefor the hydrogen economy. Hydrogen is gaining momentum and we look forward to working withpolicymakers in Korea and other key markets to drive it forward.” states Dr. Woong-chul Yang, Vice
Chairman of Hyundai Motor Company and Co-Chair of the Hydrogen Council.
Globally, governments are stepping up their game when it comes to hydrogen, with recent
announcements from the Governor of California and the Chinese city of Wuhan, laying out plans toincrease investments and infrastructure.
Benoît Potier, Chairman and CEO, Air Liquide, Co-Chair of the Hydrogen Council, added: “We arepleased to see more and more governments around the world encouraging the development ofhydrogen as they are discovering the many benefits of this technology. Multilateral dialogues areessential to foster effective policies and supporting measures. By showing their support, earlyadopters are helping the dynamic in place, and we look forward keeping the pace and expanding thisdevelopment.”---1
2

Hydrogen: scaling up, November 2017, The Hydrogen Council
Hydrogen: scaling up, November 2017, The Hydrogen Council

Hydrogen Council
About the Hydrogen Council:
Launched at the World Economic Forum in Davos in 2017, the Hydrogen Council is a first-of-its-kind global CEO initiative tofoster the role of hydrogen technologies in the global energy transition. Current members include 18 leading
multinationals – Air Liquide, Alstom, Anglo American, Audi, BMW GROUP, Daimler, ENGIE, General Motors, Honda,Hyundai Motor, Iwatani, Kawasaki, Plastic Omnium, Royal Dutch Shell, Statoil, The Linde Group, Total, and Toyota – as well
as 10 dynamic players from across the value chain – Ballard, Faber Industries, Faurecia, First Element Fuel (True Zero),Gore, Hydrogenics, Mitsubishi Corporation, Mitsui & Co, Plug Power, and Toyota Tsusho. The group collectively represents
3total revenues of over € 1.5 trillion and more than 2 million jobs around the world.
To find out more:
www.hydrogencouncil.com.
For further information about the event and related media opportunities:
Hydrogen Council Press Office: Harriet Barham, +32 474 819 629, harriet.barham@fticonsulting.com

3Company figures from financial years 2015 and 2016.