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Alberta plans $50M hydrogen centre to boost sector

Alberta plans $50M hydrogen centre to boost sector
SHUTTERSTOCK

EDMONTON, ALTA. – The Alberta government has announced it plans to spend $50 million creating the Clean Hydrogen Centre of Excellence to support made-in-Alberta energy solutions and grow the province’s emerging hydrogen sector.

Officials explained the goal of the centre will be to drive innovation in the production, deployment and use of hydrogen across the economy. The centre is part of Alberta’s Hydrogen Roadmap, which lays out the path to growing the provincial hydrogen economy and accessing global markets.

Alberta is already the largest hydrogen producer in Canada.

The province expects hydrogen to be a $2.5 trillion to $11 trillion industry worldwide by 2050.

“Hydrogen offers a huge opportunity for the future of our energy sector, and Alberta is stepping up,” said Premier Jason Kenney in a statement. “We are making sure our energy industry can compete on the international stage and continue to show the token Alberta innovation that has already made us one of the best and most responsible energy suppliers in the world.”

The centre will foster research, development and demonstration that helps companies and entrepreneurs building hydrogen technologies. Officials added it will bring together industry, researchers and small businesses from across the province to take technology that is in the early stages of development and get it ready to move into the global marketplace.

The centre of excellence will be funded through Alberta’s Technology, Innovation and Emissions Reduction program. It will aim to draw in an additional $150 million from other levels of government and private sector investments over a four-year time period.

Early goals of the centre will include identifying investment and partnership opportunities as well as collaborating across the hydrogen value chain to establish hydrogen research and innovation programs.

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