Hydrogen becomes a resource for Canada

 

On August 23, 2023, Canada and Germany signed an agreement to establish a transatlantic green hydrogen supply chain, with the first shipments to begin in early 2025 at the earliest.

The deal will allow the two countries to work together to export Canadian hydrogen to Germany and enhance Germany’s energy security, according to a statement released by the Canadian Ministry of Natural Resources.

The contract does not specify how much hydrogen will be produced and shipped. A Newfoundland-based company is expected to use wind power to produce zero-emission green hydrogen.

“Unlocking the potential of hydrogen is a key part of our government’s plan for a sustainable economic future, not only for domestic opportunities to reduce emissions, but also for its potential as an export opportunity: providing clean energy to countries around the world,” said Canadian Natural Resources Minister Jonathan Wilkinson.

“The Canada-Germany Hydrogen Alliance is an important step in accelerating the deployment of the international green hydrogen market and paving the way for new transatlantic cooperation,” said German Vice Chancellor Robert Habeck.

This agreement sends a clear signal to the private sector and local leaders in both countries that Canada and Germany are committed to a policy and regulatory environment that will facilitate and encourage investment in the hydrogen value chain in both countries,” the statement said.

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Hydrogen becomes a resource for Canada

  On August 23, 2023, Canada and Germany signed an agreement to establish a transatlantic green hydrogen supply chain, with the first shipments to begin in early 2025 at the earliest. The deal will allow the two countries to work together to export Canadian hydrogen to Germany and enhance Germany's energy security, according to a statement released by the Canadian Ministry of Natural Resources. The contract does not specify how much hydrogen will be produced and shipped. A Newfoundland-based company is expected to use wind power to produce zero-emission green hydrogen. "Unlocking the potential of hydrogen is a key part of our government's plan for a sustainable economic future, not only for domestic opportunities to reduce emissions, but also for its potential as an export opportunity: providing clean energy to countries around the world," said Canadian Natural Resources Minister Jonathan Wilkinson. "The Canada-Germany Hydrogen Alliance is an important step in accelerating the deployment of the international green hydrogen market and paving the way for new transatlantic cooperation," said German Vice Chancellor Robert Habeck. This agreement sends a clear signal to the private sector and local leaders in both countries that Canada and Germany are committed to a policy and regulatory environment that will facilitate and encourage investment in the hydrogen value chain in both countries," the statement said.
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