Massive Wind-Powered Plant Producing Hydrogen To Be Set Up In Canada for Germany
This move comes after Germany¡¯s pursuit to find new sources of energy, ever since Russia¡¯s invasion of Ukraine has resulted in the rise in natural gas prices along with Russia reducing its flow of natural gas to its European customers, hinting at supply shortage concerns.
Canadian Prime Minister, Justin Trudeau and German Chancellor Olaf Scholz are going to sign a green energy agreement on August 23, in Newfoundland that could offer a much-needed boost to Canada¡¯s budding hydrogen industry.
The agreement will be signed in Stephenville where a Newfoundland-based startup has planned to set up a zero-emission plant that will use wind energy to produce hydrogen and ammonia for export. If all goes well, this could be the very first project of its kind on Canadian soil.
This move comes after Germany¡¯s pursuit to find new sources of energy, ever since Russia¡¯s invasion of Ukraine has resulted in the rise in natural gas prices along with Russia reducing its flow of natural gas to its European customers, hinting at supply shortage concerns.
The company behind the Newfoundland project, World Energy GH2 has announced that the first phase of the project involves building 164 onshore wind turbines to power a hydrogen production facility at the deep-sea port at Stephenville. In the long term, the company plans on tripling the size of the project.
According to Stephenville Mayor Tom Rose, the location for setting up the facility couldn¡¯t be more perfect as Stephenville is known for having a ¡®world class wind-corridor¡¯.
Moreover, the town has the means to produce large quantities of water needed for hydrogen production as the place already has heavy-duty infrastructure from the Abitibi-Price paper mill that shut down in 2005.
The company states that the construction of its first wind farm is scheduled for late next year on the Port au Port Peninsula.
For more in the world of technology and science, keep reading Indiatimes.com.