Energy supply – depends on cooperation with Scholz Canada

Energy supply - depends on cooperation with Scholz Canada

Chancellor Scholz visits Canada (Ka Nietfeld/DPA)

The Federal Republic is ready to invest in the long-term transformation of the decarbonization of the economy and above all in hydrogen cooperation with Canada. There is political will and also the capital. Scholz praised Canada as a democratic and reliable partner. A similar agreement is yet to be completed today.

During bilateral government talks, German energy companies Eon and Uniper entered into an agreement with Canadian project developer Everwind. It aims to import hydrogen produced in a climate-neutral manner into Germany on a large scale in the future. For this, so-called green ammonia is to be produced at a plant in the Atlantic province of Nova Scotia from 2025. It will be the first of its kind on the east coast of Canada.

Non-economic exports across the Atlantic

Yesterday the chancellor emphasized that Canada will play a central role in the development of green hydrogen. So it is a great pleasure to be able to expand cooperation with Canada in this area. Trudeau announced that he would reconsider exporting liquefied gas across the Atlantic. So far, it has been deemed unconstitutional.

Kupper, an economic expert at the German Economic Institute (IW), stressed to Deutschlandfunk that it would take years to build an infrastructure for exporting liquefied gas to Canada. The Canadian government is also hesitant because Germany cannot make any solid procurement commitments for a long time. The federal government still aims to eliminate fossil fuels.

Kupper also advocated considering gas production in Germany using the controversial fracking method. 65 percent of Canada’s gas currently comes from fracking sources. It is only honest to investigate the possible expansion in this country.

You can find out more about LPG here.

This message was broadcast on Deutschlandfunk on August 23, 2022.

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