Seamus O’Regan Jr., Canada’s Minister of Natural Resources, has confirmed the formation of the Hydrogen Strategy Implementation Strategic Steering Committee, which will advance and assess the progress outlined in the Hydrogen Strategy for Canada, which was launched in December 2020.
Natural Resources Canada and the Canadian Hydrogen and Fuel Cell Association co-chair the commission, which is made up of senior officials from across industry, regional and territorial partners, non-government organisations, and Indigenous partners.
It will develop goals, direct decisions, exchange information, and monitor progress in order to deliver on the guidelines outlined in the Hydrogen Strategy — setting the groundwork for success in the short term and defining activities in the medium and long term to realize hydrogen’s maximum potential by 2050.
Implementing the Hydrogen Strategy would increase public and private sector spending, ensure that supply and demand expand at the same time, and place Canada as a global source of hydrogen. Canada, as one of the top ten hydrogen suppliers in the world and a major manufacturer of hydrogen-powered fuel cells, will benefit from the rising global demand for hydrogen — a market that is estimated to hit nearly $12 trillion by 2050.
The Hydrogen Strategy complements the government’s enhanced climate agenda, A Healthy Environment and a Healthy Economy, which includes a $1.5 billion federal commitment in a Low-carbon and Zero-Emissions Fuels Fund to expand the production and usage of low-carbon fuels such as hydrogen. It complements the Clean Fuel Standard, which would encourage the production and use of clean fuels such as hydrogen, thus increasing investment and growth in Canada’s fuels market.
“Hydrogen’s moment has come. The economic and environmental opportunities for our proud energy workers and communities are real. There is global momentum, and Canada is harnessing it. This is how we get to net zero.”Seamus O’Regan Jr., minister of natural resources.
“Clean hydrogen is a safe, convenient and cost-effective way to eliminate GHG emissions in many heating, transportation and processing areas. I look forward to working with Committee members to ensure Canadians can take advantage of this home-grown technology and the huge economic opportunity it represents.”Mark Kirby, president and CEO, Canadian Hydrogen and Fuel Cell Association.