The race is on : Launch of Edmonton region hydrogen hub announced with $2 million funding leducrep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leducrep.com Daily Mail and Mail on Sunday newspapers.
th April) for Edmonton, Canada.
Thought to be Canada’s first hydrogen hub, the vision for Edmonton has been backed by $1.2m in funding from Western Economic Diversification Canada (WD), $600,000 from Alberta’s Industrial Heartland Association and $450,000 from the Province of Alberta.
Such funds will help kickstart Edmonton Region’s low-carbon hydrogen economy, ushering in a wave of clean energy jobs and ensuring a strong economic future as the world shifts towards a greener future.
The hub represents an early hydrogen deployment hub as outlined in the Canadian Hydrogen Strategy and will serve as a blueprint of how to accelerate a strong regional hydrogen economy that can be replicated in other regions across the country with low-cost, low-carbon hydrogen.
Alberta home to Canada s first hydrogen hub naturalgasworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasworld.com Daily Mail and Mail on Sunday newspapers.
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Canada’s first hydrogen hub launched Wednesday just outside Edmonton, a $2-million effort that will act as a focal point for developing a domestic industry that is projected to be worth $50-billion to $100-billion each year by 2050.
Hydrogen hubs across the country are key to the Hydrogen Strategy for Canada, announced last year, and feed into the country’s goal of net-zero emissions by 2050. The shape that such hubs take will differ, but in Alberta it’s an alliance of government, Indigenous, academic and economic development leaders that will find ways to produce, use, sell and store the low-carbon fuel.
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Inter Pipeline Ltd.’s Heartland Petrochemical Complex (HPC) is the first successful recipient of the revamped Alberta Petrochemicals Incentive Program (APIP).
On Monday, April 5, IPL announced it will receive $408 million from the province for its HPC site located in northern Strathcona County.
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“The APIP grant recognizes the significant contribution HPC has and will continue to make to the Alberta economy,” Christian Bayle, Inter Pipeline’s president and chief executive officer stated in a company press release. “HPC’s construction has created thousands of well-paid technical, manufacturing and construction jobs over its multi-year build and has been a symbol of hope during difficult economic times for the Province. In total, we expect that roughly $3 billion or three-quarters of the p