Germany: The chancellor of the German Olaf Scholz and the Prime Minister of Canada Justin Trudeau signed a deal on Tuesday for Germany to import green hydrogen from Canada.
Both leaders signed the deal in the port town of Stephenville, Newfoundland.
The first deliveries are expected in just three years.
Earlier this current week, on Tuesday, the two heads of government attended an economic conference in Toronto.
Scholz’s first trip to Canada as a chancellor comes as Germany looks for ways to reduce its reliance on Russian gas.
Along with this, during a press conference in Toronto on Tuesday, Scholz mentioned in the statement that Canada was the partner of choice as Germany moves away from Russian energy imports at “warp speed.”
He asserted, “Your country has almost boundless potential to become a superpower in sustainable energy and sustainable resource production.”
The pair also stated that they would discuss the possibility of Germany buying Canadian liquefied natural gas (LNG).
In addition, the Prime Minister of Canada emphasised that “we are looking at every possible different way to help out the German people and Europeans in the short term as they face a real challenge this coming winter.”
Scholz stated, “Canada will play a very, very central role in the development of green hydrogen. That’s why we’re very happy that we can also take this opportunity to expand our partnership in this field.”
Both LNG and green hydrogen are seen as medium-term solutions and will not be able to help Germany in the next few months. Canada does not yet have the means to export LNG internationally, as well as the production of green hydrogen is still in its infancy.
Furthermore, the use of hydrogen is seen as a medium-term solution and will not be able to help the nation in the next few months. Canada does not yet have the means to export LNG internationally, as well as the production of green hydrogen is still in its infancy.
