Canada’s first hydrogen hub launched Wednesday in Alberta with a $2 million joint-government funding announcement.
The Edmonton region hydrogen hub aims to kickstart the development of the local hydrogen economy, although a strategic plan is still being developed and a timeline of specific next steps is yet to be announced.
“The race is on and we will move as quickly as possible to be a part of the market,” said Hnatiw at the announcement. She added that with interest in local hydrogen from countries looking to import, Canada’s domestic industry has the potential to be worth up to $100 billion a year.
The new funding will go to technical, economic analysis and help convene government, Indigenous, academic and economic development leaders to plan how best to produce and sell hydrogen.
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