[2] In one of two formal statements made at the Forum, Air Liquide Chairman and CEO Benoît Potier stated that the aim of the initiative is “to explain why hydrogen emerges among the key solutions for the energy transition, in mobility as well as in the power, industrial and residential sectors.”[3] The 13 inaugural members included Air Liquide, Alstom, Anglo American plc, BMW, Daimler AG, ENGIE, Honda, Hyundai Motor Company, Kawasaki Heavy Industries, Royal Dutch Shell, The Linde Group, Total S.A., and Toyota Motor Corporation.

The scenarios outlined in the report suggest that hydrogen technologies could contribute to meeting 18% of the world's final energy demands, avoiding 6 Gt of CO2 emissions, and creating a market with revenues of $2.5 trillion each year while providing 30 million jobs by mid-century.

Following the publication of this report, the EU,[12] France,[13] and South Korea[14] published similar analyses, focusing on their specific regions.

The report concludes that hydrogen has substantial benefits that could enable major digital trends and thus serve as an efficient, zero-emission energy vector.

The Hydrogen Council also hosted a number of side events that gathered CEOs and executives from member organizations alongside key stakeholders and influencers in the energy sector.