Another road block for World Energy GH2's plans for the southwest coast.

    Tuesday, 5 December 2023 12:00

    By Tonya Organ

    According to Reuters news agency, World Energy GH2's European customers need more time to develop special infrastructure to handle the product, the company said.

    It will be another year at least before wind hydrogen gets the green light to start and it isn’t because of an environmental impact. According to Reuters news agency, World Energy GH2's European customers need more time to develop special infrastructure to handle the product, the company said. World Energy GH2 is also required to submit more information to the provincial government after submitting an environmental impact statement. In 2022, Canada signed a non-binding agreement in 2022 to ship green hydrogen to Germany starting in 2025. But World Energy GH2, an affiliate of Boston-based renewable fuels producer World Energy, won't make that timeline, managing director Sean Leet told Reuters. He says "The offtakers are not going to be ready to accept product with in 2025, actually not until 2027." World Energy GH2 now hopes to start production in late 2026, he said. It requires approval from Newfoundland's environmental department and strong pre-purchase interest to attract financing before starting production.

     

     

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