One of the companies that had planned to build an open-pit coal mine in the Rocky Mountains has signed an agreement with an Alberta government agency to work toward converting the project to renewable energy.
Montem Resources has announced a memorandum of understanding with Alberta Innovates, part of the provincial economic development ministry.Although few details were immediately available, the parties say the deal means they will work together to build a green hydrogen complex in the southwest corner of the province.
Montem says the project, which would use wind power instead of natural gas, would create 200 construction jobs and 30 full-time positions.Story continues below advertisementCan Alberta’s electricity grid reach net zero by 2035? – Mar 30, 2022 Montem CEO Peter Doyle has said the Australian-owned company will decide by the end of June which of the two projects it will pursue.
How much is this gonna cost me, the taxpayer?