Green not grey: How Canada can tap into the $2.5-trillion hydrogen market

Source: Walter Merida· FINANCIAL POST · | July 21, 2021

British Columbia, Manitoba, Quebec and Ontario could export green hydrogen made using hydro or nuclear electricity

Source: Hydrogen has low energy density compared with heavy fuel oil. PHOTO BY KRISZTIAN BOCSI/BLOOMBERG

What if you could drive your car for 1,000 kilometres on a single tank of fuel and with zero emissions? That is just one example of what is possible in a hydrogen economy.

After decades of development, hydrogen and renewable electricity are poised to revolutionize the global energy system, enabling climate-friendly solutions. When combined with digital technologies, they will trigger economic growth as transportation, telecommunications and civil infrastructures become smart and interconnected.

In a post-pandemic world, several countries have included hydrogen fuel in their national recovery strategies. Canada and the United Kingdom have incorporated net-zero targets and disclosures to climate risk into national legislation. By identifying hydrogen’s role explicitly, the world is creating an international market for related zero-carbon solutions.

I have worked on hydrogen energy systems since 1993, and I have never seen such rapid changes in hydrogen policy, markets and technologies.