The article discusses recent announcements by Dow Chemicals and TC Energy that signal a shift in Alberta’s energy industry towards cleaner technologies. Dow announced plans to move its entire facility in Alberta to net-zero emissions by 2030, while TC Energy partnered with Nikola, a company that makes heavy haul trucks powered by hydrogen fuel cells.
According to the article, these announcements are significant because they demonstrate Alberta’s potential as a hub for clean and innovative technologies. The investments also show that companies are willing to adapt to changing market demands and government regulations aimed at reducing emissions.
Experts quoted in the article note that the Dow announcement is particularly notable, as it suggests that there will be an economically viable supply of methane from natural gas for the next 30-40 years. This could help alleviate concerns about the long-term viability of Alberta’s energy industry.
The TC Energy partnership with Nikola highlights the potential for hydrogen to play a larger role in Canada’s energy mix. The companies are working together to develop low-carbon hydrogen hubs that will supply fuel cells for heavy-duty trucks.
Overall, the article suggests that these announcements mark an important shift towards cleaner technologies in Alberta’s energy industry, and that the province is well-positioned to capitalize on this trend.
