Current location:style >>
Canada, Germany sign MOU to implement transatlantic hydrogen corridor
style6People have gathered around
IntroductionOTTAWA, March 18 (Xinhua) -- Canada and Germany on Monday signed a Memorandum of Understanding (MOU) ...
OTTAWA, March 18 (Xinhua) -- Canada and Germany on Monday signed a Memorandum of Understanding (MOU) to implement a transatlantic hydrogen corridor.
According to a news release issued by Natural Resources Canada, this bilateral program will accelerate commercial-scale hydrogen trade between Canada and Germany, and secure early access for clean Canadian hydrogen producers in the German market.
Under this MOU, the Canada-Germany Bilateral Window will be set up to conduct coordinated supply and demand side auctions that will connect Canadian hydrogen exporters with German buyers to facilitate the completion of commercially binding contracts for the sale of clean Canadian hydrogen and its derivatives within the established timelines.
The MOU committed Canada and Germany to finalizing the terms and conditions of the Bilateral Window no later than June 30, 2024 and Hydrogen Purchase Agreements will be secured, the release said.
The two countries set up a hydrogen alliance in August 2022 with the shared objectives of catalyzing investments in hydrogen products, supporting the development of secure hydrogen supply chains and establishing a Canada-Germany supply corridor.
Over 80 low-carbon hydrogen production projects have been announced in Canada to date, representing an economic expression of interest in over 100 billion Canadian dollars (74 billion U.S. dollars) of potential investment, the release said.
(Editor:Fu Bo)
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Station news portal”。http://kenya.downmusic.org/news-58e599381.html
Related articles
The 13 style rules that every midlife woman MUST follow (and yes, beige really is banned!)
styleShoes are your secret weapon, for ever There's nothing you can't wear on your feet for ever (though ...
【style】
Read morePolitics updates: Follow updates for the latest on government targets
style...
【style】
Read moreDonald Trump's Georgia judge dismisses some criminal charges
styleBy Max Matza for BBC NewsDonald Trump is among 19 people charged with a conspiracy to overturn Georg ...
【style】
Read more
Popular articles
- Analysis: Larson enters conversation with Verstappen as best drivers in the world
- Latest review should 'put to bed' methane debate, minister says
- Chinese comedy group punishment sends chills through arts sphere
- Hong Kong launches nightlife campaign to boost 'night
- I'm a cruise ship worker...these are the FIVE things smart passengers always do onboard
- VOX POPULI: Voters won’t forget ‘politics of oblivion’ in the next election
Latest articles
Judge orders man accused of opening fire outside Wrigley Field held without bail
Education Ministry workers on tenterhooks awaiting job cuts news
It's about to get more difficult for Americans to visit Brazil
Offering a chair to older colleague at work could count as age discrimination, judge rules
DR MARTIN SCURR: How losing your hearing may cause dementia
Bullying rife at Buller High School, students say
LINKS
- Xi Stresses Implementing Guiding Principles of Key Party Congress in Armed Forces
- (CPC Congress) CPC Elects New Central Committee, New Central Commission for Discipline Inspection
- Xi Holds Talks with Vietnam's Communist Party Chief
- Xi Jinping Elected General Secretary of CPC Central Committee: Communique
- Xinhua Headlines: Xi's Proposals on Global Cooperation, Development Gain Worldwide Support
- Xi Focus: Xi Calls for Scaling up Global Action on Wetlands Conservation As COP14 Opens
- 58 killed by 2 weeks of floods in Tanzania
- Xi Meets French President Macron
- Presidium of China's annual legislative session holds 2nd meeting
- Communique of 1st Plenum of 20th CPC Central Commission for Discipline Inspection Issued