Hydrogen Roadmap Positions Alberta Well Against Other Jurisdictions

On November 5, 2021, Alberta released its Hydrogen Roadmap (the Roadmap), identifying future policy actions and providing support for the growing low-carbon or "clean" hydrogen sector in the province. The policies envisioned in the Roadmap are set to roll out in the coming months and years, and aim to position Alberta as a global hydrogen supplier of choice by 2030 and capturing a slice of the growing market estimated to become worth more than $2.5 trillion by 2050.

As Alberta, Canada and the international community transition to low-carbon energy systems, clean hydrogen presents a significant opportunity to capitalize on Alberta's natural resources, oil and gas sector expertise and existing infrastructure. The Roadmap expresses support for industry participants pursuing clean hydrogen projects, but lacks important details around new spending (targeted at $30 billion in capital investment by 2030), regulatory enhancements and standards.