Europe’s green hydrogen buyers enticed by Quebec’s cheap hydroelectricity
October 27, 2021
By Canadian Biomass
Green hydrogen buyers in Europe are being enticed by Quebec’s abundance of cheap hydroelectric power.
Hydro-Quebec’s chief executive officer says European buyers are prepared to “pay a fortune” to decarbonize and are interested in coming to Quebec to produce green hydrogen from green electricity.
Sophie Brochu added the interest in Quebec’s electricity has never been greater. The post-pandemic economic rebound has helped drive interest in hydroelectric power.
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