As the world moves to clean energy, investing in clean technologies will help ensure Canada remains a global energy leader. Ultra-low carbon sources of energy such as hydrogen, wind, solar, hydro and nuclear power are key to driving down energy costs for Canadians and to seizing the enormous economic opportunities that are available in all regions of the country.
The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a $9.14-million investment for six projects to support innovation in Canada’s clean hydrogen sector. Of this funding, $2.74 million was allocated through the Energy Innovation Program, including:
Funding is also allocated to Clean Fuels Fund projects to advance knowledge of the impacts of blending hydrogen into our existing utility networks. The hydrogen blending study represents an overall investment of up to $6.4 million, including:
This federal government is fostering economic growth and building Canada’s clean economy. In doing so, we are investing in projects like the ones announced today to accelerate the production, distribution and use of clean fuels, including clean hydrogen. These advancements are guided by Canada’s Hydrogen Strategy (2020), which is positioning Canada as a global supplier and producer of clean hydrogen on our path to net zero by 2050.
Quotes
“Canadian businesses have the ambition and drive to provide clean energy solutions and become the supplier of choice in a net-zero world. This is especially true when we see the progress being made throughout the hydrogen value chain and across the regions to advance Canada’s growing hydrogen sector. Investments like the ones announced today are a great example of what the hydrogen opportunity can do for Canadians — helping create jobs, grow the economy and contribute to a sustainable future.”
The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources
“By working with partners and industry, we can ensure that Canada remains a global supplier of choice for clean energy, ensuring a prosperous future for Canadians from coast to coast to coast. UBC’s project to develop a pilot plant for low-cost, low-emission hydrogen production marks it as a key player in the clean technology ecosystem in Canada. This federal government is pleased to support investment in local energy leaders who are carving the path to a net-zero future.”
The Honourable Joyce Murray
Member of Parliament for Vancouver Quadra
Quick Facts
Related Information
New Found Gold Corp. (TSX-V: NFG) (NYSE-A: NFGC) is pleased to announce the results of the seco... READ MORE
TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) today reported its results for the year end ... READ MORE
Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) is pleased to announce new drill results from the Ka... READ MORE
American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FWB: 1QC) announced today that it has clos... READ MORE
Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) is pleased to announce the first silver pour f... READ MORE