Hydrogen Production From Excess Renewables

Propelled by the global tailwinds of net zero and decarbonization initiatives, green hydrogen has captured the attention of political and market actors alike. The upside for this nascent industry is massive - a versatile clean energy carrier that could decarbonize fossil fuel reliant industries, disrupt the energy industry and help turn the tide in the battle against climate change.

Recognizing this potential, a number of countries have already set ambitious targets to advance their green hydrogen strategies. Among the first countries to have done so was Japan, which issued a "Basic Hydrogen Strategy" in 2017 that introduced Japan's vision of becoming a "world-leading hydrogen-based society." Japan then proceeded to complete a 10 megawatt (MW) green hydrogen plant in March 2020, which at the time was considered the largest in the world. By the start of 2021, Canada became host to the world's largest green hydrogen plant, with its 20 MW nameplate capacity. Along