The government of Newfoundland and Labrador has selected four companies to develop projects with converting wind power to clean hydrogen in the Canadian province, with potential capital spend estimated at C$66.3 billion (US$49 billion).
Andrew Parsons, minister of Industry announced on 30 August the completion of the call for bids for wind-hydrogen development in the province. As a result of this process, four companies will receive Wind Application Recommendation Letters:EverWind NL Company, Exploits Valley Renewable Energy Corporation, Toqlukuti’k Wind and Hydrogen Ltd. (ABO),andWorld Energy GH2 Inc.
The construction, operations and decommissioning phases of these four projects (ranging from 35 to 40 years) are anticipated to have an overall economic impact (GDP) of $206.2 billion, and revenue to the province of $11.7 billion. Based on the plans for the four projects, peak employment is estimated at 11,694 full-time equivalents during construction. Total capital spend is estimated at $66.3 billion.
Press release https://is.gd/5L2JMc