The Canadian federal and provincial governments have announced approximately CD$475 million in project funding for Air Products’ Net Zero hydrogen energy complex in Alberta – effectively firming up an MoU signed in June last year.
Air Products will receive CD$300 million from the Strategic Innovation Fund (SIF), the Government of Canada’s programme designed to spur innovation by providing funding for large projects and national innovation ecosystems; over CD$160 million (CAD) from the Alberta Petrochemicals Incentive Program (APIP), part of Alberta’s Recovery Plan to bring multi-billion dollar investments to industrial projects throughout the province; and CD$15 million (previously announced) from Emissions Reduction Alberta’s Shovel-Ready Challenge, which aims to help deliver on environmental and economic goals by investing in clean technology.
The CD$1.6bn showcase facility will contain a ‘world scale’ auto-thermal reformer, carbon capture operations achieving 95% removal, a power generation facility fully fuelled by hydrogen, a 35 tonnes-per-day hydrogen liquefaction facility, a large air separation facility producing clean liquid oxygen and nitrogen, and connection to Air Products’ existing Alberta Heartland Hydrogen Pipeline network.
Seifi Ghasemi, Air Products’ Chairman, President and CEO, said, “This facility will be a first mover in helping to decarbonise mobility and industrial markets, further demonstrated by an already announced and substantial off-take supply contract.”
... to continue reading you must be subscribed
