Hydra Energy to receive LCFS credits worth $1.9M to build hydrogen fuelling station in B.C.
By Canadian Manufacturing
A fleet of 65 heavy-duty trucks will be able to make the switch from diesel to hydrogen in northeastern B.C. with support from the Province’s Low Carbon Fuel Standard (LCFS).
“By working with hydrogen suppliers and the trucking industry, we’re hauling B.C. toward a low-carbon future. Hydrogen fuels allow us to reduce emissions in our transportation sector,” said Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation. “This project demonstrates B.C.’s hydrogen opportunity, helps a business realize fuel cost savings and accelerates our transition to a cleaner economy.”
Hydra Energy will receive LCFS credits worth a current market value of $1.9 million to build a hydrogen fuelling station in northeastern B.C. Trucks that rely on conventional diesel will be retrofitted to allow them to transition to low-carbon byproduct hydrogen that will be captured at a local sodium-chlorate facility. These retrofits will allow the trucks to use 40% hydrogen fuel and will result in reducing emissions by 67 tonnes of carbon dioxide equivalent per truck per year. Hydra anticipates the facility will be operational by early 2023.
“Hydra is proud to be in British Columbia, an ideal jurisdiction for the development of low-carbon hydrogen,” said Jessica Verhagen, CEO, Hydra Energy. “We hope to see B.C.’s approach replicated in Canada’s forthcoming clean fuel standard.”
The forthcoming B.C. hydrogen strategy will provide a roadmap for how the province can be a world leader in the production, use and export of renewable and low-carbon hydrogen. Shifting away from fossil fuels is critical for achieving net-zero emissions by 2050. Hydrogen is the only practical solution to decrease emissions in hard-to-decarbonize sectors, like medium- and heavy-duty transportation.
The Province is supporting this project with B.C. Low Carbon Fuel Standard credits.