Alberta Believes Hydrogen Is a $10 Trillion Industry Globally

August 3, 2023--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Claiming its role as the top hydrogen producer in the nation, the provincial government of Alberta is allocating funds to develop and pursue new technologies for the emerging market.

The government believes the hydrogen industry could be a US$10 trillion industry worldwide by 2050. To capitalize on the emerging potential, the provincial government set aside nearly US$35 million to pursue new hydrogen technologies.