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Old 08-23-2022, 09:05 AM   #1424
CaptainCrunch
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Looking at yesterdays presser with the German Leader, that immediate help isn't coming for the German's from Canada this winter.

Instead the focus is on hydrogen production and shipping down the road.

I think Trudeau talked about there not being a business case for building LNG export capability

https://www.cbc.ca/news/politics/tru...rope-1.6558542

Quote:
Prime Minister Justin Trudeau and his German counterpart, Chancellor Olaf Scholz, appeared to pour cold water on the idea of shipping Canadian natural gas to Europe when asked about the proposal Monday.
At a news conference in Montreal, the two leaders instead suggested that their priority is developing cleaner energy sources, like green hydrogen, in Canada for export to Europe to help solve the continent's energy crunch.
While not ruling out a role for Canadian natural gas in alleviating Europe's energy shortage, Trudeau said there isn't a clear business case yet for building a liquefied natural gas (LNG) export terminal in Saint John or elsewhere.
Trudeau said natural gas would have to be shipped by pipeline from the gas fields of Western Canada to a still-unbuilt liquefaction terminal on the Atlantic coast.
It would be a costly undertaking and might not be a prudent investment, given Europe's commitment to a rapid transition to a cleaner economy, Trudeau said.
Quote:
To reduce Europe's reliance on Russian gas, observers have floated the idea of shipping some of Canada's abundant natural gas across the Atlantic to terminals in Germany.
But because Canada has been slow to develop proposed LNG sites in the Atlantic provinces, it's unlikely this scenario will materialize any time soon.
Quote:
Scholz said Germany is interested in helping Canada develop its hydrogen production capacity — it's still a nascent industry with very little production underway — so that it can eventually tap into that resource.
Trudeau and Scholz will travel to Newfoundland and Labrador on Tuesday to meet with companies there that are pitching new hydrogen projects that eventually could feed energy to Europe.
Germany is interested in "green" hydrogen — a form of fuel that is produced through electrolysis with no resulting emissions.
Quote:
n a recent report, Canada's environment commissioner, Jerry DeMarco, found that the actual annual production of hydrogen in Canada is only about 3 megatonnes — almost all of it being "grey" hydrogen, a dirtier form that produces roughly double the emissions of natural gas.The commissioner said there are doubts about whether hydrogen can play any sort of meaningful role in Canada in the short term because very little of the necessary infrastructure — like hydrogen pipelines and liquefaction plants — is in place.
Green hydrogen is also prohibitively expensive. A gigajoule of natural gas costs about $3.79 to produce, while a gigajoule of green hydrogen costs over $60 if it's produced using electricity from renewable sources such as wind and solar, the commissioner found.
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