Green Hydrogen Alliance Formed Between Canada and Germany

Canada and Germany have signed a memorandum of understanding (MoU) which will establish a trade program to sell Canadian-produced hydrogen.

In an effort to shun Russian energy, the agreement is said to accelerate work towards the commercial-scale trade of hydrogen fuel, with exports between the two nations could begin as early as next year.

Canadian Energy Minister Jonathan Wilkinson announced the MoU, stating that Canada: “Understands that the hydrogen economy has the potential to redraw the global energy map.”

The agreement will give the German market early access to Canadian hydrogen producers in Atlantic Canada.

According to a statement from the federal natural resources ministry: “Canada is working with European allies to displace imports of Russian oil and gas and fight climate change with clean Canadian hydrogen. Canada can be a world-leading producer and exporter of clean hydrogen.”

This comes after the two nations, represented by Canadian Prime Minister Justin Trudeau, and German Chancellor Olaf Scholz, agreed in August 2022 to establish a transatlantic supply corridor while creating policies to attract investment in hydrogen projects.