Alberta announces $45 million investment for hydrogen innovation
The Alberta government has announced a $45 million investment to power new hydrogen technologies that they say will reduce emissions and create jobs.
Officials say hydrogen is expected to be a $2.5 – 11 trillion industry worldwide by 2050.
The province says they are ready to emerge as a leader in the global market as Canada’s largest hydrogen producer. They say Alberta can produce some of the lowest-cost clean hydrogen in the world.
“Alberta is known for its entrepreneurial spirit and, as we are already a leader in this field, this competition will explore and advance clean hydrogen technologies while generating fresh, exciting new projects and ideas, said Rebecca Schulz, Minister of Environment and Protected Areas.