More on Hydrogen in Alberta
Hydrogen represents a significant economic opportunity for Alberta’s energy sector and the province. By 2050, it is expected that the world’s hydrogen economy will be worth trillions. Alberta is well positioned to be a key part of the global hydrogen economy.
The hydrogen economy is expected to bring both widespread direct and indirect economic benefits to Alberta. As world-scale hydrogen projects are developed, new employment opportunities are expected in the province for professionals, scientists, and trades while other energy sector jobs integrate with the new hydrogen economy.
By 2030, it is anticipated that the hydrogen economy in Alberta could bring tens of thousands of jobs and billions of dollars of economic activity during the construction phase, as well as thousands of jobs and hundreds of millions of dollars of economic activity during the project operations phase.
HEMP: Alberta’s miracle plant
Impressive to see the increasing amount of applications for HEMP and the amount of HEMP crops on Alberta’s farm land.
Hemp can be made into compostable plastics, vehicle door panels, dashboards, pulp, paper and hempcrete, which is similar to concrete.
Climate change news from Government of Canada
Canada’s action, climate future, partnerships, adaptation, health, science, emissions reporting and opportunities for engineers
Oil and Gas News
Source Angus Watt Advisory Group:
Alberta oil production reached over 4,000,000 b/d for the first time in November, reaching a peak of 4,160,000 b/d.
This is the highest production level recorded since data collection began in 2010
Alberta’s oil-sands deposits represent the world’s third-largest crude reserve
Shell Plc. has signed a 20+ year deal to purchase 2 million metric tons annually of liquefied natural gas from a Canadian floating export facility, with the aim of serving energy markets in Asia.
The $9.9 billion project in B.C is expected to be operational by 2030
From Oil Sands Magazine
https://www.oilsandsmagazine.com/news/2024/1/9/alberta-oil-production-tops-4-million-barrels-per-day
Edmonton Region Hydrogen Hub announcement
The Edmonton Region Hydrogen Hub will organize a webinar on the 31st this month.
Hydrogen-Powered Waste Collection: Fuel-Cell Refuse Trucks in Europe
Experts from two European projects will discuss the operating experience, best-practices and lessons learned from deploying hydrogen-powered waste collection trucks.
More info in the link below:
Happy New Year, COP 28 and opportunities for Canada.
Happy New Year to you all from us at SOS Engineering:
Good news from the IEA:
The world has added 510 GW of renewable capacity in 2023, this is equivalent to the entire power capacity of Germany France and Spain combined.
From page 11 in the report from the link below, an opportunity for Canada and more specific an opportunity for the hydrogen industry in Alberta
Current hydrogen plans and implementation don’t match
Renewable power capacity dedicated to hydrogen-based fuel production is forecast to grow by 45 GW between 2023 and 2028, representing only an estimated 7% of announced project capacity for the period. China, Saudi Arabia and the United States account for more than 75% of renewable capacity for hydrogen production by 2028. Despite announcements of new projects and pipelines, the progress in planned projects has been slow. EIA has revised down the forecasts for all regions except China. The main reason is the slow pace of bringing planned projects to final investment decisions due to a lack of off-takers and the impact of higher prices on production costs. The development of an international hydrogen market is a key uncertainty affecting the forecast, particularly for markets that have limited domestic demand for hydrogen.
We suggest to read the RENEWABLES 2023 report in the attachment:
At the COP28 climate change conference in Dubai, more than 130 national governments including the European Union agreed to work together to triple the world’s installed renewable energy capacity to at least 11 000 GW by 2030. Renewables 2023 forecasts the deployment of renewable energy technologies in electricity, transport and heat to 2028 while also exploring key challenges to the industry and identifying barriers to faster growth. its provides detailed country-level analysis on the progress towards the global tripling target.
Hydrogen in Alberta
Interesting to see all the new developments on hydrogen in Alberta.
We will try to get you a bit up to speed on developments here:
And so:….. This is our first post on the smallest but one of the most important molecules in the world.
A 100% hydrogen-fuelled community is being built in Alberta. This is what it will look like:
