John Hogan, Premier of Canada's Newfoundland and Labrador province, has entered into a memorandum of understanding (MOU) with the Port of Amsterdam in the Netherlands regarding collaboration on potential "green hydrogen" projects.
The MOU proposes exploring the commercial opportunity and scale of future "green hydrogen" import markets via the Port of Amsterdam into the Netherlands and other areas of northwestern Europe to support the development of Newfoundland and Labrador's hydrogen export market, according to a press release issued by the provincial government.
The agreement also seeks to assess the potential for international supply chains between the province and the port for "green hydrogen", including identifying and assessing existing barriers (e.g., legal, regulatory gaps, costs) and sharing information that could help mitigate such barriers.
The parties will also identify opportunities to collaborate and share knowledge and best practices in key areas (e.g., port development, infrastructure and management, engaging stakeholders, post-secondary institutions, and other commercial and governmental parties).
Due to its abundant resources and other attributes such as its proximity to Europe, Newfoundland and Labrador currently has six wind hydrogen projects in development.
Europe is a key export market for the province’s "green hydrogen" as the European Union and several member countries have outlined hydrogen as a way to achieve their respective energy security goals.