Already home to the talent and expertise needed to deliver innovative energy products, Alberta can't let hydrogen pass by
According to the Government of Alberta’s Hydrogen Roadmap, the industry will be worth $2.5 trillion by 2050, providing up to 24 per cent of global energy demand. This is an industry that Alberta can simply not let pass by, especially as our province is already home to the talent and expertise needed to deliver innovative energy products, much like our province did over a century ago with the Athabasca oilsands.
This is also an opportunity for the provincial and federal governments to work collaboratively together for the benefit of all Albertans and Canadians. The federal government has been actively growing the industry, guided by its own Hydrogen Strategy for Canada, published in 2020.
Alberta, meanwhile, is also working hard with its Hydrogen Roadmap acting as the guide, championing the hydrogen industry both at home and abroad, and supporting investments in new low-carbon hydrogen production assets through the Alberta Petrochemical Incentive Program and the Alberta Carbon Capture Incentive Program. The expertise in our current oil and gas industry and the close relationship between natural gas production, carbon capture, utilization, and storage (CCUS) technology and hydrogen production are demonstrations of our government taking advantage of the strengths that already exist in our province.
