Canada and Germany say a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years.
Natural Resources Minister Jonathan Wilkinson and German Vice-Chancellor Robert Habeck signed the deal on Tuesday in the port town of Stephenville, N.L., where they attended a hydrogen trade show along with Prime Minister Justin Trudeau and Chancellor Olaf Scholz.
While Russia is not named in the agreement, the pact is as much about energy as it is about sending a message to President Vladimir Putin that his country's era as a global energy superpower is at risk. Wilkinson said in an interview Tuesday that there is no doubt this agreement is happening now because of Putin and the invasion in Ukraine.
Although Canada currently produces almost no hydrogen that would fit the goals of the agreement, both countries believe a new hydrogen trade corridor can be up and running “well before 2030” and the first deliveries are possible in 2025. “We feel that it's a race and that Canada has the opportunity, if they act in support, to take take a place in this industry and be one of the early leaders,” he said.
“I think it's reasonable to say we can get there within three years but if we don't make 2025 and it's 2026, by setting 2025 it's still a pretty ambitious goal,” he said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada, Germany sign deal to start hydrogen shipments by 2025 - Terrace StandardPact sends message to Russia that its era as a global energy superpower is at risk
Read more »
Excitement in the Air Ahead of Deal Between Canada and Germany in Stephenville: FureyPrime Minister Justin Trudeau and German Chancellor Olaf Sholz will be in the province tomorrow to sign an agr...
Read more »
Canada, Germany to sign hydrogen dealCTV’s Mackenzie Gray reports on the Canada and Germany's energy deal, trade and the return of a turbine.
Read more »
Germany, Canada to boost energy, mineral ties as they decarbonizeGermany fears a further reduction of natural gas supplies from Russia this winter in retaliation for Western sanctions following the invasion of Ukraine
Read more »
Opinion: Germany and Canada can work together to reinforce democratic valuesAmid disruptions to global norms, the two countries have increasingly bonded in a shared commitment to protecting the rules-based order
Read more »
Protestors Gather in Stephenville Against Canada-Germany AgreementChanting 'Trudeau Go Home' a group of about 40 or 50 protesters gathered at the Caribou Curling Club in Stephe...
Read more »