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racing towards completion . This is largely due to the broad experience of the team , the available resources , advanced equipment , technical solutions and interconnected infrastructure sectors . Furthermore , the Canadian ITC , which was passed earlier this year , is a huge statement of support from the Canadian government and is an important step for levelling the playing field in response to the US IRA . This has made Canada a hugely attractive area for investing in projects of this kind , which is an important factor for building scalability . With scale come the benefits of efficiency , which is going to be crucial for unlocking the green hydrogen economy and ensuring growth in this area over time .
Looking to the future of the business , Trent explains : “ The big focus for us is an early start , but then using that to deliver the most efficient solution . For example , electrolysers are fairly early in the market and with today ’ s technology they are 70-to-75 percent efficient in terms of the power conversion into hydrogen . But there are solutions rapidly coming to market that are closer to 90 percent efficient . This is critical for bringing down the cost of green products versus fossil fuels . If you think about wind power , when it started 15-to-20 years ago , it was frightfully expensive and today , it ’ s cheaper than fossil . We want to push forward aggressively on helping make that a reality .” The company is keen to expand its green fuels project in Labrador and Newfoundland , demonstrating an exciting and ambitious commitment towards creating a more sustainable future . ■
www . everwindfuels . com
There is also a large market for the use of ammonia
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