Canada, Germany announce $600M hydrogen deal in Cape Breton
Federal Minister of Energy and Natural Resources Jonathan Wilkinson announced a $300-million commitment to a clean hydrogen alliance with Germany that has been in place for nearly two years during a visit to Port Hawkesbury, N.S., on Wednesday.
"Wind right now is perhaps the most cost-effective way to generate electricity,” Wilkinson said.
In August 2022, Prime Minister Justin Trudeau and German chancellor Olaf Scholz signed the agreement in Stephenville, N.L.
"Our target is clear - working towards initial exports of Canadian hydrogen to Germany by 2025”, Trudeau said at the time.
On Wednesday, Germany announced it would match Canada's commitment for a joint total of $600 million for Atlantic Canadian hydrogen production and export.
"We are one step closer to the first shipment of green ammonia across the Atlantic,” said Karina Hauslmeier, deputy head of Commission for the German Embassy in Canada.
Everwind Fuels has started construction of a proposed $6-billion green hydrogen and ammonia production facility in Point Tupper. Port Hawkesbury Mayor Brenda Chisholm-Beaton is excited about the chance to help lower greenhouse gas emissions and to create jobs, if things go as planned.
"Well, it's certainly super exciting. It's going to benefit our region. It's going to benefit our province,” said Chisholm-Beaton. "It's definitely going to create, locally, thousands of construction jobs and hundreds of permanent full-time jobs as the construction phases come to an end."
Wilkinson couldn’t say how many Canadian companies might have a chance to bid to supply the German market with hydrogen, noting the funds will be allocated through a competitive auction process expected to be launched by year's end.
"I would say those that are leading at this point – in terms of the development of their thoughts and processes, their environmental assessments and their engineering designs – are probably going to be the ones who access this first,” Wilkinson said.
For more Nova Scotia news visit our dedicated provincial page.
CTVNews.ca Top Stories
Quebec man, 81, gets prison sentence after admitting to killing wife with Alzheimer's disease
An 81-year-old Quebec man has been sentenced to prison after admitting to killing his wife with Alzheimer's disease.
Canada Post quarterly loss tops $300M as strike hits second week -- and rivals step in
Canada Post saw hundreds of millions of dollars drain out of its coffers last quarter, due largely to its dwindling share of the parcels market, while an ongoing strike continues to batter its bottom line.
Trump chooses Bessent to be Treasury secretary and Vought as top budget official
President-elect Donald Trump announced Friday that he'll nominate hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary. Trump also said he would nominate Russel Vought to lead the Office of Management and Budget.
'Immoral depravity': Two men convicted in case of frozen migrant family in Manitoba
A jury has found two men guilty on human smuggling charges in a case where a family from India froze to death in Manitoba while trying to walk across the Canada-U.S. border.
Pat King found guilty of mischief for role in 'Freedom Convoy'
Pat King, one of the most prominent figures of the 2022 'Freedom Convoy' in Ottawa, has been found guilty on five counts including mischief and disobeying a court order.
Trump supporters review-bomb B.C. floral shop by accident
A small business owner from B.C.’s Fraser Valley is speaking out after being review-bombed by confused supporters of U.S. president-elect Donald Trump this week.
Nearly 46,000 electric vehicles recalled in Canada over potential power loss
Nearly 46,000 electric vehicles from Kia, Hyundai and Genesis are being recalled in Canada over a potential power loss issue that can increase the risk of a crash.
Canada's tax relief plan: Who gets a cheque?
The Canadian government has unveiled its plans for a sweeping GST/HST pause on select items during the holiday period. The day after the announcement, questions remain on how the whole thing will work.
Grey Cup streaker fined $10K, banned from BC Place
The woman who ran across the field wearing nothing but her shoes at last weekend’s Grey Cup has been given a fine and banned from BC Place.