A project worth $900 million is set to establish hydrogen refueling stations across western Canada with most of them in B.C.
Eby said the project will not only help B.C. fight climate change by reducing greenhouse gas emissions, but also create a cleaner economy. According to government, B.C. is home to 50 per cent of Canada’s hydrogen and fuel-cell companies, accounting for about 60 per cent of research investment in hydrogen and fuel-cell development. Some 50 projects representing what government calls “billions” of potential investment are in the pipeline.
The ministry added hydrogen will play an important role in the future, but available figures from the International Renewable Energy Agency suggest that future might be some time away. According to IREA, all available hydrogen produced around the world would meet about three per cent of global energy demand.