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Canada’s best green hydrogen play is based in reality

blue hydrogen molecules
Hydrogen molecules. Green hydrogen can help transform chemical production and decarbonize this high-emissions sector. Image by Rafael Classen rcphotostock.com / via Pexels

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The global energy industry is abuzz with hydrogen. Despite being one of the simplest elements on the periodic table, it has quickly emerged as one of the industry’s most attention-grabbing developments. The potential for “green hydrogen,” or hydrogen produced from renewable energy sources, has captured the interest of players all along the value chain — from major oil producers such as Aramco and ExxonMobil to tech startups, chemical companies, venture capital and local political leaders.

Green hydrogen has potential as both a transportation fuel and for use in the chemical industry. While the truth is that converting our transportation systems to running on renewable hydrogen fuel is an incredibly far-off goal, recent technological advancements have helped secure a more tangible future for renewable hydrogen in the chemical industry. In particular, Canada has played a key role in the development of hydrogen’s commercial viability and is well-positioned to benefit from the increased opportunities and investments that it will bring.

Much of the discourse surrounding both the public and private sector’s interest in hydrogen has been focused on its role as a renewable fuel for transportation, but the truth is that the markets for this are small, and the costs are still high. However, hydrogen already has an established market in the chemical industry. Green hydrogen can help transform chemical production and decarbonize this high-emissions sector. Its applicability and potential there have been grossly underappreciated.

For example, chemical companies need hydrogen to make ammonia for fertilizers. Fifty-five percent of all the hydrogen currently produced is used to make ammonia. Currently, most ammonia is produced via steam methane reforming (SMR). This process uses a fossil fuel feedstock (natural gas, coal, naphtha, petroleum coke or heavy fuel oil) and extracts hydrogen from it. Not only is this process energy-intensive, but it also releases carbon dioxide and other harmful pollutants into the atmosphere. Many chemical companies want to decarbonize and reduce the harmful emissions they produce while continuing to make products, like fertilizers, that our modern society needs. Utilizing hydrogen produced using renewable energy as opposed to fossil fuels would further this goal.

In Canada, hydrogen’s use in the chemical sector has been a central component of the country’s ambitious energy strategy. March 2024 saw the signing of a memorandum of understanding (MOU) between Canada and Germany to accelerate the commercial-scale hydrogen trade between the two countries. The MOU designates Germany’s H2Global Foundation to facilitate commercially binding contracts between Canadian green hydrogen producers and German chemical manufacturers seeking supplies of green hydrogen.

Green hydrogen can help transform chemical production and decarbonize this high-emissions sector, writes Ellen Wald.

The government support for developing a green hydrogen supply chain between North America and Europe is already bearing fruit. An American company, Pattern Energy, is developing a 300-megawatt (MW) wind farm in conjunction with the Canadian Port of Argentia in Newfoundland. Their joint operation, Argentia Renewables, will produce green hydrogen and use it to manufacture ammonia. A German company, Mabanaft, has already signed a letter of intent to purchase and import the ammonia to its plants in Germany and is even considering investing in the company.

Some of the most exciting innovations in hydrogen also have the potential to transform Canada’s Atlantic Coast into a hub of renewable hydrogen production, particularly through the installation of cutting-edge floating hydrogen production platforms in offshore wind farms. These platforms attach to wind turbines and contain electrolyzers that use wind power to produce hydrogen from desalinated seawater. The hydrogen can then be funnelled into a pipeline and transported to shore or piped directly into a ship for export. Several companies have been testing such platforms with offshore wind turbines since mid-2023 with promising results.

The green hydrogen industry is quickly becoming a reality, and Canada’s ongoing success reflects the transformative potential of this new resource. However, investors, entrepreneurs and politicians must remain focused on the opportunities in front of them and not the far-reaching and alluring ideas that have unfortunately captured the media’s attention.

The partnership between Canada and Germany is undoubtedly a positive sign of current priorities, and the upcoming Hydrogen Americas Summit in Washington D.C., will provide more opportunities to build the kinds of international partnerships needed to vault green hydrogen into reality.

Hosted by the Sustainable Energy Council on June 11-12, this expert-led event will showcase leading developments in the hydrogen industry and facilitate the kinds of partnerships between government representatives, industry leaders and corporations that can make green hydrogen a profitable and worthwhile global industry.

Ellen Wald is a fellow at the Canadian Global Affairs Institute as well as the president of Transversal Consulting, a global energy and geopolitics consultancy. She is the author of Saudi, Inc., a history of Aramco and how the Saudi royal family controls this multitrillion-dollar enterprise.

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