Thursday, February 29, 2024

Thus the transatlantic network for green energy will be born –

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Germany seeks help from Canada to reduce dependence on fossil fuels and Russia German Economy Minister Robert Habeck and Canadian Energy Minister Jonathan Wilkinson signed on Tuesday. Memorandum of Understanding for Hydrogen Production and TransportIn the presence of German Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau in Newfoundland and Labrador on Canada’s east coast.

The agreement requires both countries to cooperate on all aspects necessary to accelerate the hydrogen economy. Build a transatlantic hydrogen supply chain before 2030First deliveries are expected pR 2025.

Canada wants to invest billions of dollars to develop hydrogen technologies and infrastructure, to become one of the major global players. Germany aims to import significant amounts of renewable hydrogen to help domestic importers decarbonise its hard-hit sectors in line with its 2045 climate neutrality target. Create a corridor for the trade numberernNational.

“This is a historic step toward a shared future,” Trudeau said. Our clear goal: to start exporting Canadian hydrogen to Germany by 2025 and create jobs and local development by providing clean energy that contributes to the fight against climate change. Schales stressed that the agreement is an important step not only in strengthening bilateral economic relations between the two countries, but also in building a sustainable energy network for the future.

Trudeau and Scholes signed the agreement in Stephenville, a port city on the Gulf of St. Lawrence River. In the area they are proposed minimum Two large-scale wind projects will then use water electrolysis to produce hydrogen.

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The chancellor’s three-day visit to Canada with leaders of major German companies was also the occasion for a series of private business engagements. Among these, for example, Volkswagen and Mercedes-Benz Group have signed an agreement with Canada To ensure access to raw materials such as Nickel, cobalt and lithium for the production of batteries.

As the election campaign heats up in Italy, other countries are looking ahead and preparing to govern the future.

Bruno Lawrence
Bruno Lawrence
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