Green Hydrogen and Ammonia Projects Approved in Nova Scotia and Newfoundland & Labrador
The Nova Scotia government has approved the first phase of a green hydrogen and ammonia operation led by EverWind Fuels in Cape Breton. The project will include a 300-megawatt hydrogen electrolysis plant and an ammonia production facility in Port Hawkesbury, N.S., which is estimated to cost $6 billion. This project will be the first industrial-scale green hydrogen and green ammonia operation in North America and is expected to export green ammonia to Germany by 2025. In addition, Newfoundland and Labrador is assessing the environmental impact of another similar hydrogen and ammonia project proposal led by World Energy GH2 in Stephenville, NL. Construction has already begun on access roads and wind-measurement towers for this project, despite protests from people concerned about its environmental impacts.
The Benefits of Green Hydrogen
Green hydrogen is a clean and renewable energy source that has the potential to revolutionize the way we produce and use energy. Unlike traditional hydrogen, which is derived from fossil fuels, green hydrogen is produced from renewable sources such as solar, wind and hydroelectricity. This means that it does not produce any greenhouse gas emissions during production or use. Additionally, green hydrogen can be used in a variety of applications such as fuel cells, transportation and industrial processes. It also provides an efficient way to store energy for later use, which makes it a great tool for helping to balance the electricity grid. With its many benefits, green hydrogen is sure to be an important part of our future energy landscape.You might also like this article: AgTech startup investor from London: Parkwalk Advisors. Picture source: Possessed Photography