Page 43 - InvestAlberta-EDA-2025

In August 2024, the Ireland-based firm announced plans
to build, own and operate an integrated clean hydrogen and
atmospheric gas facility to supply clean hydrogen to Dow’s Fort
Saskatchewan Path2Zero Project, northeast of Edmonton.
“Linde is helping to build a more sustainable future,” said
Sanjiv Lamba, chief executive officer, Linde. “Our technology,
experience and execution are enabling the transition to a
cleaner economy. We are proud to partner with Dow in its
mission to decarbonize its Fort Saskatchewan site and are
appreciative of the support of the Province of Alberta and the
federal government.”
Construction of Linde’s clean hydrogen complex is set to
begin in 2025, with the plant expected to be fully operational
by 2028. Upon completion, the facility will integrate hydrogen
production, clean power and carbon-capture technology, with
an expected ability to sequester more than 2 million metric
tonnes of carbon dioxide emissions annually.
Alberta is already a global leader in carbon capture,
utilization and storage (CCUS). Since 2008, the province has
been investing in the technology to safely store emissions.
The province was also among the first to create legislative
and regulatory frameworks for CCUS technology. Over the last
decade, carbon-capture operations have stored approximately
13.5 million tonnes in Alberta.
“We’ve been operating carbon capture and storage (CCS)
projects for quite a long time in Alberta, such as Shell Canada’s
Quest carbon capture and storage (CCS) facility. So we already
have that expertise here, but we also have some of the world’s
best geology for storing carbon — not everybody has that. So,
we’ve got the expertise, we have the geology, we also have the
regulations,” says Christiaanse.
“Alberta is quite far ahead of a lot of other jurisdictions
where we’ve got all of these pieces.”
Linde isn’t the only international company positioning Alberta
at the forefront of Canada’s hydrogen future. Pennsylvania-based
“WE HAVE ALL OF THE TALENT
AND EXPERTISE RIGHT HERE
IN ALBERTA THAT CAN BE
LEVERAGED INTO NEW
ENERGY SECTORS.”
— RICK CHRISTIAANSE,
CHIEF EXECUTIVE OFFICER, INVEST ALBERTA
Air Products has begun construction on a landmark net-zero
hydrogen energy complex in Edmonton. When complete, the
facility is expected to be able to cost-effectively capture more than
90 per cent of the carbon it emits during the hydrogen production
process, for permanent sequestration underground. The project
also includes a fully hydrogen-fueled power generation unit,
large enough to power the hydrogen production facility, with any
excess power supplied to the Alberta energy grid.
The company received more than $475 million in
funding for the project from federal and provincial sources,
including the federal Strategic Innovation Fund, the Alberta
Petrochemicals Incentive Program, and Emissions Reduction
Alberta — funding that further underscores the province’s
position at the heart of Canada’s future energy economy, and
Alberta’s strong commitment to reducing barriers and creating
a supportive environment for large-scale energy projects.
Companies such as JP Morgan also see Alberta’s investment
potential given the province’s commitment to innovation and
sustainability aligning with their strategic goals, making it an
ideal partner in advancing global carbon-reduction efforts.
“We have the talent, we have a supportive government that
wants to reduce red tape and enable businesses to get these
projects off the ground,” says Christiaanse.
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