Your current location:HOME >health >Canada, Germany sign MOU to implement transatlantic hydrogen corridor 正文
TIME:2024-05-21 06:59:46 Source: Internet compilationEdit:health
OTTAWA, 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)
OpenAI pauses ChatGPT voice after Scarlett Johansson comparisons2024-05-21 06:43
Dua Lipa looks loved2024-05-21 06:15
Victoria Beckham explains how she perfects her signature smoky eye and a sun2024-05-21 06:00
Offensive depth has Rangers on verge of sweep, Avalanche and Oilers each up 22024-05-21 05:50
Mohammad Mokhber: Who is Iran’s acting president?2024-05-21 05:33
South Africa will mark 30 years of freedom amid inequality, poverty and a tense election ahead2024-05-21 05:17
Steven Stamkos scores twice, Lightning avoid elimination with 62024-05-21 04:50
Former BYU teammates Patrick Fishburn and Zach Blair lead Zurich Classic of New Orleans2024-05-21 04:37
Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue2024-05-21 04:35
Traditional Chinese medicine gains increasing recognition in New Zealand2024-05-21 04:14
Target to lower prices on basic goods in response to inflation2024-05-21 06:26
Dua Lipa looks loved2024-05-21 06:21
Gray pitches Cardinals past scuffling Mets 72024-05-21 06:18
Sean 'Diddy' Combs dismisses some claims in sexual assault lawsuit2024-05-21 06:12
Six killed in a 'foiled coup' in Congo, the army says2024-05-21 06:07
A look at recent events involving King Charles, Kate Middleton's health2024-05-21 05:37
Video surfaces of 3262024-05-21 05:33
Susannah Constantine reveals she nearly had a stroke after a 'life threatening neurological' scare2024-05-21 05:15
Baby Reindeer's real2024-05-21 05:11
Rubio, Obrian, Stuver guide Austin to 22024-05-21 04:19