'Huge opportunity': East Coast hydrogen industry gets shot in arm from German energy giants

Royal Dutch Shell Plc Opens Green Hydrogen Refinery

Scholz said Tuesday the country is moving away from Russian energy “at warp speed” as Europe and its allies continue efforts to isolate Russia following the Putin regime’s invasion of Ukraine last February. Germany is hoping Canadian hydrogen could be a medium or long-term solution to meet the country’s energy demands without the greenhouse gas emissions that accompany traditional fossil fuels, since hydrogen emits only water when burned or used in a fuel cell.

“Clearly Germany needs this energy. There’s a real crisis over there right now,” said EverWind chief executive Trent Vichie in an interview Tuesday. “Germany needs new energy sources and they want green energy sources and the combination of those things is accelerating the green industry and hydrogen.”

Vichie said permits will be in place this year and construction could start in early 2023. The agreement struck Tuesday aims to see the Nova Scotia project reach commercial operation by 2025. Future phases of the Point Tupper facility could involve production powered by offshore wind.World Energy GH2 is proposing to build up to 164 wind turbines on the Port au Port Peninsula on Newfoundland’s west coast to power a hydrogen and ammonia production plant in Stephenville.

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Scholz says Germany wants more natural gas from Canada but lacks infrastructure, business backing | CBC NewsGerman Chancellor Olaf Scholz says he wants Canada to increase its shipments of liquefied natural gas to Europe but admits a lack of infrastructure in Germany and an unproven business case for the Canadian export stands in the way of any boost in supply. So DavidWCochrane Send it in maple syrup bottles! Also...then why doesn't Europe pay and build a pipeline that comes to Canada
Fonte: CBCAlerts - 🏆 37. / 63 Consulte Mais informação »

'Huge opportunity': East Coast hydrogen industry gets shot in arm from German energy giantsGermany is hoping Canadian hydrogen could be a medium or long\u002Dterm solution to meet the country\u0027s energy demands. Read more The more something costs, the more it emits. Cost reflects the work required to bring it to market, work ultimately equals a cost to the environment measured in the most objective and accurate unit we have for such a thing. The dollar. Atlas salt, $SALT and its parent Vulcan Minerals $VUL, currently the only suitable 'hosts' for all the hydrogen.
Fonte: nationalpost - 🏆 10. / 80 Consulte Mais informação »

'Huge opportunity': East Coast hydrogen industry gets shot in arm from German energy giantsGermany is hoping Canadian hydrogen could be a medium or long\u002Dterm solution to meet the country\u0027s energy demands. Read more Huge waste of money. Why not just export the natural gas?
Fonte: financialpost - 🏆 7. / 85 Consulte Mais informação »