Citing its commitment to reaching net-zero emissions by 2050, the Canadian government has announced a Hydrogen Strategy Implementation Strategic Steering Committee. The group’s mission is to advance and measure the progress outlined in the Hydrogen Strategy for Canada launched in December 2020.
The Committee, co-chaired by Natural Resources Canada (NRC) and the Canadian Hydrogen and Fuel Cell Association, is composed of senior leaders from across industry, provincial and territorial partners, non-government organizations and Indigenous partners. NRC reports the Committee will establish priorities, guide actions, share knowledge and track results to deliver on recommendations outlined in the Hydrogen Strategy.
The Hydrogen Strategy is expected to spur public and private sector investments, ensure supply and demand grow at the same pace, and establish Canada as a global supplier of hydrogen. Canada is one of the top 10 producers of hydrogen globally and a leading producer of fuel cells that use hydrogen. Canada is in a strong position to benefit from the growing global demand for hydrogen—a market that is expected to reach almost $12 trillion by 2050.
The Hydrogen Strategy supports the government’s strengthened climate plan, A Healthy Environment and a Healthy Economy, which included a federal investment of $1.5 billion in a Low-carbon and Zero-Emissions Fuels Fund to increase the production and use of low-carbon fuels, including hydrogen. It also complements the Clean Fuel Standard, which seeks to drive investment and growth in Canada’s fuels sector by incentivizing the development and adoption of clean fuels such as hydrogen.