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“This is Canada’s future”: Freeland hopeful about new hydrogen deal with Germany | FULL

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After touring a hydrogen production facility in Edmonton, Alta. on Thursday, Deputy Prime Minister Chrystia Freeland spoke to reporters, just days after the signing of the Canada-Germany Hydrogen Alliance. “This is Alberta’s future, and this is Canada’s future,” Freeland said, referring to the pact that will kick-start a transatlantic hydrogen supply chain as Germany shifts away from dependence on Russian fossil fuels.

Freeland also said that Canada is “committed” to defending Arctic security and NATO allies, referencing a visit by Prime Minister Justin Trudeau and NATO Secretary General Jens Stoltenberg on a three-day joint trip to the Canadian Arctic.

Earlier this week, Natural Resources Minister Jonathan Wilkinson and German Vice-Chancellor Robert Habeck signed a new hydrogen deal in the port town of Stephenville, N.L., where they attended a hydrogen trade show along with Trudeau and Chancellor Olaf Scholz.

Canada and Germany say the pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years. The five-page agreement is a “declaration of intent” to create a hydrogen alliance between the two countries.

The Canadian hydrogen market is currently worth about $6 billion per year, and Canada is one of the world’s top ten producers of this valuable element. The biggest hydrogen makers are oil companies. But now, wind energy is about to enter into the fray, to tap into an export market that’s set to grow.

For more info, please go to https://globalnews.ca/news/9082173/canada-hydrogen-clean-energy-explainer/

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Category
U.S. & Canada
Tags
global news, Freeland, Chrystia Freeland
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