Canada’s BC Hydro, the British Columbia-owned Crown corporation, has flagged the fast-growing potential for companies investing in hydrogen production to access clean-industry tariffs and plug into existing infrastructure and incentives in three hubs in the Canadian province. It is an opportunity that ‘stands ready to be unlocked,’ according to a spokesperson from the corporation.
Speaking at gasworld sister title H2 View’s Renewables & Ecosystem Snap Summit yesterday (Monday 24th April), BC Hydro’s Lester Dyck set out the extent to which the corporation has matured its proposition in relation to the fast-emerging hydrogen economy, and said Greater Vancouver, Prince George and Northeastern BC are three locations where investment and infrastructure opportunities are now ripe and ramping up.
“The big-picture proposition has always been there for industrial companies in British Columbia,” said Dyck.
“With 98% of energy produced from renewable sources with reliable uptime – through hydroelectric production – it has always been a prime location for energy-intensive large industrial customers looking to reduce the carbon impact of their activities. But now the hydrogen offer and infrastructure is going in and being incentivized, creating the potential very quickly to establish a world-class hydrogen industry that stacks up for private investment by industry partners with government support. It is being driven by the BC Hydrogen Strategy that was published in 2021 and has created just the right context to make things happen in hydrogen in BC.”
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