Bear Head is permitted for up to two gigawatts of hydrogen electrolysers. At full build-out and peak power inflow, Bear Head could produce up to 350,000 tonnes of hydrogen and two million tonnes of ammonia per year, positioning Nova Scotia to be a leader in the production of green hydrogen and ammonia and a critical part of the global energy transition. Bear Head will be developed in phases and is expected to commence deliveries of green hydrogen and ammonia by 2028 at costs among the lowest in the world, driven by Nova Scotia’s wind resource, support from the Canadian federal government, and proximity to key markets.
“We are grateful to have achieved this enormous milestone for Bear Head, which could not have gotten to this point without the support of the Governments of Nova Scotia and Canada, First Nations, and local stakeholders, including labor unions, local governments, and the local community,” said Paul MacLean, Managing Director of Bear Head Energy, Inc. “We believe green hydrogen and ammonia will play a fundamental role in facilitating the global energy transition, and this approval demonstrates that Canada and Nova Scotia are at the forefront of making this a reality.”
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Bear Head is a wholly owned subsidiary of BAES Infrastructure, a diversified energy company focusing on the development, construction, and operation of energy transition projects. BAES Infrastructure officially launched in March 2023, with its seed portfolio including hydrogen-focused platforms such as Bear Head, OneH2, and a low-carbon hydrogen and ammonia production, distribution, and export hub under development in South Texas, as well as solar and wind renewable energy platforms Swift Current Energy and BAES Renewables.
“I would like to thank the Bear Head management team and the Government of Nova Scotia for their efforts in getting Bear Head to this milestone,” said BAES Infrastructure CEO Jamie Cemm. “Environmental Assessment approval will support the creation of a hub in Canada that can supply key markets across the world, accelerate global energy transition efforts, and provides a sustainable long-term industry and employment opportunities for the Strait of Canso region.”
The Government of Canada recently revealed details of its Clean Hydrogen Investment Tax Credit (ITC) in Budget 2023, including a 40% ITC for clean hydrogen and a 30% ITC for clean technology to help Canadian companies be competitive on a global scale and encouraging the use of clean energy.
SOURCE: BIC MAGAZINE