Alberta Innovates and the Government of Alberta have announced the first Advancing Hydrogen – Competition 1 program with $20 million dollars available over 24 months to support projects.
This competition is open to technology developers, industry, industrial associations, small and medium-sized enterprises, research and development (R&D) organizations, post-secondary institutions, municipalities, not-for-profit organizations, and government research labs.
Proposals are being accepted in areas including, hydrogen production, storage, transmission, end-use, increased competitiveness, and economic diversification.
Alberta is the largest hydrogen producer in Canada. The province has all the resources, expertise, and technology required to be a global supplier of clean, low-cost hydrogen. With a worldwide market estimated to be worth over $2.5 trillion a year by 2050, hydrogen can be the next great energy export that fuels jobs, investment, and economic opportunity across the province. Alberta’s clean energy leadership will be further enhanced by investing in innovation.
Hydrogen is the most abundant element in the universe. When used for energy it only emits water making it a major source of potential clean energy in a global market. A clear part of Alberta’s recovery plan is the establishment of the Hydrogen Centre of Excellence to advance technology and innovation ensuring Alberta remains a global energy system leader.
“Clean hydrogen is a fast-growing industry and represents an enormous opportunity for our province. Our strengths in natural gas, carbon capture and renewable electricity will help us expand our work in the hydrogen space and diversify our energy sector. Alberta is a global leader in innovative energy solutions and these solutions are helping to create more jobs for Albertans,” Doug Schweitzer, Minister of Jobs, Economy and Innovation commented on the announcement.