Geopolitical shifts are causing countries to craft policies and invest in domestic low-carbon solutions to ensure energy security and accelerate the energy transition. With Canadian developments comprising over 80 hydrogen projects, 12 international agreements, and 8 emerging hubs, hydrogen is more than just a buzzword. However, demand-side challenges could undermine the momentum of the Canadian hydrogen economy.

Attendee insights:
This panel will examine global hydrogen demand, analyze industry forecasts, and discuss how government policies will affect demand. What practical steps can government and industry take to align expectations with reality?

Governments worldwide are implementing hydrogen strategies and incentives to boost production, including the European Hydrogen Bank and South Korea’s Clean Hydrogen Production Standard, among other incentives. While supply-side mechanisms have proven effective, a significant imbalance with demand-side commitments poses challenges and increases investment risks. What steps can be taken to mitigate market failures, expand capacity and accelerate the growth of Canada’s hydrogen economy?

Attendee insights:
This diverse panel of end-users will discuss how demand-side feeds into FID and discuss how they are leveraging market mechanisms available to drive demand in Canada’s hydrogen economy.