Green Hydrogen: The government is out of the hydrogen problem

Quebec is flying to the rescue of a Recycle Carbon Warrens (RCV) biofuel plant project facing a cost of nearly $400 million.

• Also Read: A $50 million green hydrogen plant is under construction in Sorrell-Tracy

• Also Read: Green hydrogen: Government calls for interest

Finance Minister Pierre Fitzgibbon today announced a new investment of $285 million in RCV, bringing its total contribution to the project to $365 million.

The government is thus taking over from Hydro-Québec, which is to invest $190 million in one of two parts of the green hydrogen electrolyzer project.

“The project was redesigned to combine the hydrogen production project with the adjacent biorefinery project into a single project. As biofuel production is not part of our strategic priorities, the continuation of the project will henceforth be carried out without the participation of Hydro-Québec,” it indicated today. Log State Corporation Spokesperson, Caroline Des Rosiers.

“It’s important that Quebec takes its place” in the field of biofuels and green hydrogen, said Mr. Fitzgibbon.

Shell and Suncor

Fitzgibbon said the project faces $400 million in “incremental costs” related to engineering work, among other things. According to him, these will be assessed by RCV’s three private partners Shell, Suncor and Proman, as well as Canada Infrastructure Bank. The project promoter is Quebec company Enerchem.

Over the years in construction, the RCV project has faced numerous delays.

Future facilities should enable the production of biofuels from forest biomass residues and wastes.

RCV expects to create more than 500 jobs during construction of the plant and about 100 during its operation.