New funding for hydrogen innovation

Hydrogen is expected to be a $2.5-trillion to $11-trillion industry worldwide by 2050, and Alberta is ready to emerge as a leader in that global market. As Canada’s largest hydrogen producer, Alberta can produce some of the lowest-cost clean hydrogen in the world.

Alberta has created a Hydrogen Roadmap, an Emissions Reduction and Energy Development Plan, and a Natural Gas Strategy to recognize the importance of growing the provincial hydrogen economy while cutting emissions and accessing global markets.

As part of this work and through Alberta Innovates’ Hydrogen Centre of Excellence and Emissions Reduction Alberta, Alberta’s government will launch two hydrogen funding competitions using the Technology Innovation and Emissions Reduction (TIER) fund.