FEASIBILITY STUDY DEMONSTRATES CALGARY REGION’S POTENTIAL AS A MAJOR HYDROGEN HUB
Source: | · CALGARY ECONOMIC DEVELOPMENT · | February 2, 2023
The Calgary region has what is needed to establish a major hub for the emerging hydrogen economy, concludes the report Towards a Fuel Hydrogen Economy in the Calgary Region: A Feasibility Study.
The report authored by The Transition Accelerator for the Calgary Region Hydrogen Task Force says Alberta is “superbly positioned” to be a leader in the hydrogen economy. It recommends establishing a hydrogen hub in the Calgary region to build new value chains to produce, transport and use hydrogen as a fuel.
“Calgary is a leader in all things energy and we are ideally positioned to play a pivotal role in advancing innovation and expanding the hydrogen economy in Alberta and Canada," said Calgary Mayor Jyoti Gondek. "The City of Calgary is looking forward to playing a part in this initiative. When we talk about the billions of dollars of economic opportunities for Calgary in the clean tech and our energy future, hydrogen is a critical aspect of our path forward.”
The goal of the study was to assess the potential for the Calgary region to participate and benefit from the emerging fuel hydrogen economy. The study identifies a $4.6 billion per year market potential for fuel hydrogen production that could be used in the Calgary region. It also encourages the development of hydrogen as part of the region’s pathway to a net-zero emission energy system.
The report also recommends a Calgary region hub links with the Edmonton Region Hydrogen Hub and initiatives in other population centres across Western Canada to create hydrogen corridors that support heavy duty road and rail transport.
Hydrogen is an energy-rich gas that can be produced with low greenhouse gas (GHG) emissions for use in heavy-duty transportation, as well as heat and power generation. It is produced through various methods including, natural gas reformation with carbon capture and storage, or water electrolysis using renewable electricity.