RE: NIKOLA & TC ENERGY & TravelCentresAmerica + tonnage10 Nov 2021 07:41
NEL HYDROGEN - NIKOLA CORP ALBERTA / CANADA hint.
“Canada has all the elements that could make it a leader in the clean hydrogen economy that many see as a critical part of the future for energy in a low carbon world — but Canada must act fast if it hopes to capitalize on its advantages and secure its lead as several other countries make progress in the hydrogen race, according to GLJ Ltd.”
In an appearance on the Over A Barrel podcast produced by the Canadian Heavy Oil Association, Armando Montes and Devin Lacey from GLJ, a top Canadian energy resource consulting firm, layout the many comparative advantages Canada, and in particular energy powerhouse Alberta, have to become global leaders in the hydrogen economy.
Alberta is already a major producer of grey hydrogen, used for industrial processes such as bitumen upgrading, oil refining, and chemical production. It is fortunate to have an opportunity to transition to the production of blue hydrogen — produced from natural gas via steam methane reforming with the produced CO2 permanently sequestered — at a very low cost relative to most other jurisdictions.
Alberta can leverage key advantages to mitigate many of the risks that currently drive the high cost of production for blue hydrogen elsewhere around the world. In addition to access to an abundance of low-cost natural gas for use as feedstock in steam methane reforming, Canada has world-leading expertise in carbon capture, use, and sequestration (CCUS) technology and application, Montes and Lacey said.
The province is home to the Alberta Carbon Trunk Line, a world-class carbon distribution asset; it has access to large amounts of depleted hydrocarbon reserves that can act as key carbon storage basins, and it has a vast network of natural gas distribution systems that can be leveraged for using and/or distributing hydrogen.
“We have various industrial zones that can act as hydrogen hubs where production and end-use applications exist in close proximity to one another; we have a proven history of energy investment and funding knowledge; and most importantly, our energy professionals are world-class talents that can take on the complex job of integrating hydrogen into our energy portfolio,” they said, and the list of advantages goes on. But how Canada capitalizes on them is the most important question, according to Montes and Lacey."
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