Alberta offers several unique features that make the production of LCI hydrogen from water and renewable electricity both technically and economically attractive. These include:
- A Competitive Electric Generation Market
Alberta’s unique electric generation market allows electricity to be purchased, under competitive contract, at very economic prices. - Abundant, Growing Supplies of Renewable Electricity
Alberta has significant renewable electricity generation capacity with several thousand MW in production and several thousand more under construction. - Strong Drivers to Reduce GHG Emissions and Increase the Use of Hydrogen
Alberta’s stringent GHG regulations combined with broader market expectations strongly motivate municipalities and companies to reduce their emissions. - Broad Government Support
There is strong government support and active development of the policies needed to ensure that Alberta develops a successful “hydrogen economy”.