A deal to send Canadian green hydrogen exports to Germany is awaiting Ottawa’s final decision on funding and a verdict from European regulators on whether the project has adequate competition.
Canada and Germany made a big show of signing a hydrogen agreement in August 2022, and former prime minister Justin Trudeau and outgoing German Chancellor Olaf Scholz flew to the west coast of Newfoundland to finalize the deal.
Last July, Canada and Germany jointly pledged $600 million to the project. Global Affairs Canada said the money was intended to “help Canadian companies access German markets” and “ensure Germany has access to competitively priced clean energy products” from Canada….