Thank you for the opportunity to present and interact with you this afternoon.
I have been working in the hydrogen energy sector for more than 20 years, both in academia and in industry in the UK, Japan, South Africa, Norway and now Canada.
I strongly believe that hydrogen will contribute to the ambitious decarbonization goal of 100% by 2050. I would like to emphasize, though, that hydrogen is not a silver bullet for decarbonization in all sectors. It is part of a portfolio of several low-carbon energy technologies.
For now, the primary focus should be on targeting industries and sectors that are difficult to decarbonize—the so-called “no regret sectors”—especially the energy-emitting and carbon-emitting intensive industries and heavy-duty transport.
However, we are currently facing many challenges.
First, we must accelerate the deployment and capacity of low-carbon-intensity hydrogen technologies and renewable energy systems, and work internationally and with provinces and municipalities to accelerate the development of clean hydrogen codes and standards.
Second, we must engage with stakeholders, including indigenous communities, and quickly implement community-led clean energy projects.
Third, we need to innovate in low-cost and highly efficient hydrogen production technologies with better integration with renewable energy systems and better hydrogen storage and transport systems.
Fourth, we must focus on local strategic minerals and sustainable materials for clean energy for the heating, transport and industrial sectors, as well as innovations in recycling.
Fifth, we must implement policy and funding to support low-cost, clean hydrogen production in line with the U.S. Inflation Reduction Act. This would enable Canadian manufacturers and project developers to compete for investment, develop and retain human capital, and create jobs.
Sixth, we need to attract international experts and put in place a faster and much more efficient immigration process.
Seventh, we must also invest in extensive R and D programs and state-of-the-art R and D infrastructure to validate the technology and to generate innovation, IP and new industries. We must also invest in training programs to train the next generations of hydrogen and clean energy engineers, scientists, technologists and economists.
Canada is really blessed with vast territories, an abundance of water, minerals and natural resources, abundant renewable electricity generation and, of course, natural oil and gas. These are perfect ingredients for building a strong clean energy value chain and economy from mineral extraction to clean energy generation. However, Canada must act very rapidly to deploy commercially available clean energy technologies, accelerate the development and deployment of emerging technologies, and develop innovative solutions, while ensuring access to clean, affordable and modern energy services to all Canadians, including indigenous communities.