Alberta energy to be promoted at Tokyo summit
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Minister of Energy and Minerals Brian Jean will be attending the Japan Energy Summit and Exhibition in Tokyo next week to advocate for Alberta’s potential as a leader in energy exports.
Provincial officials say Japanese parliament recently announced a bill allowing the country to provide 15-year subsidies for locally produced and imported low-carbon hydrogen and ammonia to reduce their reliance on higher-carbon energy sources.
Alberta says it is working directly with Japanese companies that are interested in sourcing ammonia from the province for use in electricity generation as Japan tries to transition away from coal. Transporting hydrogen in the form of ammonia is said to be a way Alberta can meet export demand and improve cost competitiveness in the hydrogen market.
“Alberta has the potential to become a leading global supplier of responsibly produced energy, including natural gas, hydrogen and ammonia that are in high demand in Japan for industrial and manufacturing uses. In Japan, I will be building relationships and making connections with the leaders and innovators of one of our largest trade partners, which will lead to jobs for Alberta’s energy workers and incredible investment opportunities for our businesses,” says Jean.
