Why Alberta

Why Alberta

Why Alberta

Alberta, already a world class non-renewable energy hub, offers several unique features that make the production of water sourced H2 economically attractive. These include:

  • A Competitive Electric Power Market
    The price for electricity has been a significant barrier to the adoption of electrolysis to produce H2 from water. However, Alberta’s unique competitive power generation market allows electrical power to be purchased, on an hourly basis, at very economic prices, effectively removing this obstacle.
  • Strong and Growing Supplies of Renewable Power
    Alberta already has a robust renewable power generation industry with several thousand MW in production and several thousand more under construction. The shut down of Alberta’s remaining coal-fired generation by 2025 will further increase the relative importance of renewables in Alberta.
  • A Robust Green H2 Market
    Alberta has a large and growing industrial base that relies on H2 feedstock and that has already announced an intention to move to green H2 in direct response to shareholder, investor and customer demands Furthermore demand by the oil & gas industry for green H2 as a fuel supplement to meet those same pressures and by municipalities seeking to lower the carbon footprint of their natural gas customers  is also growing rapidly.
  • Strong Regulatory Drivers to Reduce CO2 Emissions and Increase the Use of H2
    Alberta was Canada’s first Province to tax carbon emissions and the Alberta government continues to lead in this regard. Alberta’s air quality regulations continue to strongly motivate companies to reduce their CO2 emissions. At the same time, the Alberta government is on public record as strongly supporting increasing the use of H2 and is actively developing the policies, such as the recent Hydrogen Road Map, needed to ensure that this occurs.
Why Alberta
Credit: university of central florida