Hydrogen Canada Corporation (HCC) is poised to revolutionize Alberta’s Industrial Heartland with plans for a world-scale, low-carbon hydrogen and ammonia production facility.
Following successful feasibility studies, the Alberta-based company secured $10 million in seed round financing and inked a letter of commitment with South Korea’s E1 Corporation to establish a low-carbon blue hydrogen and ammonia supply chain from Alberta to Asian markets.
The envisioned facility aims to have a capacity of approximately one million tons per annum of low-carbon ammonia, marking a significant step towards cleaner energy production. Dr. Bryan Moon, Hydrogen Canada’s president, emphasizes the strategic advantage of using cost-advantaged, low-carbon natural gas in Alberta to support the decarbonization efforts in South Korea and other Asian nations. The technology involved includes cost-effective carbon sequestration, positioning the project as a pivotal player in Alberta’s Industrial Heartland.
E1 Corporation, a major trader of LPG in Asia, recognizes the marketability of low-cost, reliable energy products sourced from western Canada. The partnership with HCC positions E1 as a leading supplier of clean ammonia, hydrogen, and LPG in South Korea. The collaboration is not only driven by commercial viability but also aligns with Canada’s role as a reliable LPG supplier for E1 Corporation.
The purchase of land in northern Strathcona County near Shell signifies the seriousness of the project, with Mayor Rod Frank expressing excitement about the potential industrial growth. Alberta’s Industrial Heartland Association (AIHA) executive director Mark Plamondon emphasizes the region’s suitability for foreign direct investment in value-added energy projects. The AIH offers competitive advantages, including abundant, low-cost feedstock, extensive existing infrastructure for carbon capture utilization and storage, making it an attractive destination for projects like HCC’s.