Federal, Alberta and municipal governments are jointly providing $2.25 million to launch Canada’s first industrial hydrogen hub in the Edmonton region. Initial funding for the hub is seen as the first step in creating what Ottawa envisions will be a $50-billion Canadian clean hydrogen sector.
Topic: hydrogen economy
An overlooked section of the recent American Energy Act of 2020 outlines a sweeping new plan to build a domestic fusion energy industry, modelled on the recent success of the commercial spaceflight industry. Canada has an opportunity to do the same with our burgeoning homegrown hydrogen economy.
The Greater Edmonton Region has the right ingredients to become Canada’s first hydrogen node and tap into a wholesale market potential of up to $100 billion per year, says a new report from Alberta’s Industrial Heartland Hydrogen Task Force. On the heels of the report, Ontario kickstarted the development of a provincial hydrogen strategy, which is expected to be released in 2021.
Alberta expects its new carbon pipeline, the world’s largest, will attract companies wanting to build zero-emission industrial plants in the province.