NEWS & COMPANY UPDATES
ALBERTA HYDROGEN ROADMAP
Alberta is preparing for a lower emission future. The Hydrogen Roadmap is a key part of that future and Alberta's Recovery Plan. The roadmap is our path to building a provincial hydrogen economy and accessing global markets. It contains several policy actions that will be introduced in the coming months and years, and it provides support to the sector as technology and markets develop.
Alberta is already the largest hydrogen producer in Canada. We have all the resources, expertise, and technology needed to quickly become a global supplier of clean, low-cost hydrogen. With a worldwide market estimated to be worth over $2.5 trillion a year by 2050, hydrogen can be the next great energy export that fuels jobs, investment and economic opportunity across our province.
There are 5 important markets for the growth of clean hydrogen in Alberta: Residential and Commercial Heating, Power Generation and Energy Storage, Transportation, Industrial Processes, and Export Markets.
SpectrumH2 signs LOI for Carbon Capture and Sequestration and MOU for Blue Hydrogen
CALGARY, AB, Nov. 30, 2021 /CNW/ - SpectrumH2 announced today that the company has executed a Letter of Intent to assess the feasibility of a large-scale, carbon-capture facility and associated sequestration project in Alberta. SpectrumH2 has engaged a local EPC firm to assist in the initial engineering stages of the project. The comprehensive project includes the capture of CO2 at a large-scale industrial site and the transportation and sequestration of CO2 indefinitely into a suitable geologic formation.
Read full press release:
Mr. Melvin "Mel" Benson
It is with profound sadness that we announce that our fellow advisor, mentor, and friend passed away this September 2021. Mel accomplished much through his life and was the recipient of many awards and honours. He was honoured by his National Aboriginal Achievement Award for Business and Commerce and Aboriginal Business Lifetime Achievement Award. His natural leadership, mentorship, resilience, self-determination and generosity, with individuals, family, friends, community and his Nation is something we are all inspired by. Please review his full obituary below in the link provided:
City of Calgary, Mayor's Innovation Challenge Finalist
The Mayor’s Innovation Challenge invites creative thinkers to share their ideas for how The City of Calgary can advance innovative energy solutions to build a more resilient community. SpectrumH2 was 1 of 9 Finalists.
"How might we advance innovative energy solutions on the path to net-zero emissions in order to achieve economic, social and environmental resilience?"
May 21st, 2021
Current & Critical: Hydrogen - The Future for Alberta
With many global manufacturers moving away from gasoline-powered engines to electric vehicles, there’s another similar niche that Alberta is perfectly positioned to capitalize on: hydrogen and CO2 capture.
Listen to the Podcast here:
Prairie Sky Investor Day Presentation
May 18th, 2021
SpectrumH2's commercial arrangement with Prairie Sky Royalty Ltd. was recently featured in their Investor Day Presentation.
Click Below to View the Full Presentation: