A $ 100 Billion Opportunity: Alberta Could Emerges As Canada’s First Hydrogen Power Hub, Report Says

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The rest of the hydrogen produced in Alberta is considered “gray hydrogen” because the CO2 emissions associated with its production are not captured.

We already have a good hydrogen economy in Alberta

Dan Wicklum, Transition Accelerator

“We already have a good hydrogen economy in Alberta. It is an industrial economy. We make hydrogen and use it to make fertilizer, ”said Dan Wicklum, CEO of Calgary-based Transition Accelerator.

Wicklum said governments have previously tried to reduce emissions by requiring certain sectors to reduce their emissions to targeted levels through regulation or taxation, but a hydrogen-based energy system could allow countries around the world to set and achieve zero-carbon targets.

Despite the potential for Alberta and Canada to be a hydrogen supplier, international competitors are already entering the market.

“Our competitors so far are Australia and Saudi Arabia,” Wicklum said, noting that both countries have already sold hydrogen or hydrogen to buyers in Japan.

In September, Saudi Arabia sent a shipment of blue hydrogen to Japan, which is said to be the world’s first shipment of the energy source.

We are equipped to pick up the ball and run with it

Dale Nally, associate minister of natural gas

Alberta’s abundance of natural gas will make it the second cheapest hydrogen supplier in the world, after Russia, Alberta Associate Natural Gas Minister Dale Nally said Monday.

Nally said more projects in western Canada could allow Alberta to increase its hydrogen production, including two fully licensed pipelines that were planned to connect natural gas fields with LNG export projects that could be reused for export. hydrogen.