Hydrogen represents the next great opportunity for Alberta’s energy sector, with potential benefits to create jobs, diversify the energy sector and help reduce emissions while keeping energy reliable and affordable.
Hydrogen Week will highlight the province’s bright future and the work being done to advance the sector in Alberta. Hydrogen is expected to be a $2.5-trillion to $11-trillion industry worldwide by 2050.
“This is a great opportunity to promote and celebrate Alberta’s achievements in advancing a hydrogen economy, including the path laid out in our Hydrogen Roadmap. Hydrogen Week will mark the huge potential of hydrogen in the future of Alberta’s energy system and help raise awareness of this once-in-a-generation opportunity for our province.”
Alberta is already the largest hydrogen producer in Canada and the Hydrogen Roadmap – released in November 2021 – outlines a path to build on our existing strengths. Hydrogen produced in Alberta can be some of the cheapest and cleanest in the world.
A provincial hydrogen economy would allow Alberta to help meet the increasing global demand for hydrogen in transportation, heating, industrial applications, and electricity generation and storage.
The declaration of Hydrogen Week corresponds with the first-ever Canadian Hydrogen Convention taking place in Edmonton from April 26-28. The convention will bring together the private sector, innovators and technology providers, experts, exhibitors and government officials from around the world. Participants will discuss opportunities and challenges in hydrogen development.
- Alberta released its Hydrogen Roadmap in November 2021. The roadmap identifies five key areas for the growth of clean hydrogen in Alberta.
- Residential and commercial heating
- Industrial processes
- Power generation and energy storage
- Export market
- The Hydrogen Council, a global advisory council of corporate executives, estimates that by 2050, the global hydrogen sector could generate a US$2.5-trillion to US$11-trillion global market and create 30 million jobs.
- When used as a fuel, hydrogen produces only water, with no carbon emissions, meaning it has the potential to become a major factor in plans to meet carbon reduction targets worldwide.