Australian billionaire proposes green hydrogen hub in Prince George

Table of Contents
Issue Date

Fortescue chairman and founder Andrew Forrest says Prince George has “everything going for it” as the company moves forward with plans for a $2B green hydrogen plant.Hanna Petersen, Prince George Citizen
Global green energy and metals company Fortescue has taken a step toward establishing a major green energy hub in Prince George.

The project is led by Australian businessman Dr. Andrew Forrest, executive chairman and founder of Fortescue.

The company has submitted an initial project description and early engagement plan with the British Columbia Environmental Assessment Office proposing the construction of a large-scale green hydrogen and ammonia production facility.

Green hydrogen is a zero-carbon fuel that, when used, produces primarily water.

It is described as a practical and implementable solution that can help to decarbonize heavy industry and create jobs globally.

The proposed facility would be situated at the Willow Cale Industrial Park in Prince George.

The company saidthe green ammonia and green hydrogen produced from the potential 1,000 MW facility could be exported or used domestically to reduce fossil fuel use and help meet climate targets in B.C. Canada and globally.

Forrest said he chose Prince George as the location for the project because of the city’s leadership and natural resources.

“If you don’t get leadership, just forget it. They could have the best energy in the world. If you don’t have good leadership, don’t waste your time,” said Forrest.

“There [the region]’s got clean air. It’s got heaps of water. It’s got heaps of electricity. It’s got everything going for it and so this first 1,000 MW facility sounds really big but it’s a stepping stone to what could be built out here in this beautiful part of the world.”

This project has already been in the works for two years.

In October 2021, the Lheidli T’enneh First Nation and Fortescue signed a Memorandum of Understanding. They are negotiating an impacts and benefits agreement.

Lheidl T’enneh Chief Dolleen Logan said the project aligns with the nation’s vision and values.

“It’s been two years coming I’m really excited about it,” she said.

“I’ve had to learn about the project and what grant green hydrogen was and this is something good for the environment not only for Prince George but the whole world.”

The project would be a $2 billion capital investment and has the potential to result in a wide range of benefits for the local community including more than 250 direct jobs during the construction phase, and over 100 permanent, direct jobs during the operations phase of the project.

“This is a really large investment, which will have very significant multiplier impacts into the local community,” said Forrest.

“This is permanent, we’re not mining something that will run out or drilling something that will run out. This will be here forever because that’s sustainable fuels, right? It doesn’t run out. It doesn’t destroy anyone, so you can use it forever. It is a leacy economic asset.”

Prince George Mayor Simon Yu said Prince George is uniquely situated to be a green hydrogen hub because it is a mid-point between Asia and the Americas.

He said this project would put Prince George on the map in a significant way.

“We are the transportation hub. If there’s anybody who can do it, we should be the one to do it,” said Yu.

“The world is transitioning from a dangerous energy model, we need to survive as a human species, we need to get together and work as one. This technology will provide hope. We can slow down climate change and buy enough time so more even better technology will come around.”

Forrest said if everyone supports the project, he hopes to have shovels in the ground for studies sometime this year.

Fortescue has also engaged the Qalipu and Miawpukek First Nations in Newfoundland, as well as the provincial and federal governments, to explore potential green hydrogen production and export development on that province. Its plans for Newfondland include a hydrogen electrolysis and green ammonia production plant, liquid ammonia marine export terminal, and wind power generation facilities.

See a typo/mistake?
Have a story/tip?
This has not been shared. Be the first!
Share by Email
Share on Facebook
Share on Twitter
Share on LinkedIn
Print
Get your Western Canadian Investment news
Email
Enter your email address
More British Columbia
Osoyoos band, West High Yield ink deal for BC magnesium project Osoyoos band, West High Yield ink deal for BC magnesium project
Vancouver approves controversial ‘missing middle’ density plan Vancouver approves controversial ‘missing middle’ density plan
GST exemption for new rental projects promises benefits GST exemption for new rental projects promises benefits

YOUR VOTE MATTERS
Participate in our next community poll.
Do you have an overall favourable or unfavourable view of Pierre Poilievre?
Very favourable
Somewhat favourable
Somewhat unfavourable
Very unfavourable
Not sure

News
Opinion
British Columbia
Alberta
Saskatchewan-Manitoba
Multi-Family
Finance
Franchises
Done Deals
Submit a Done Deal
How to Invest
Where to Invest
Special Features
Connect
Contact Us
Newsletter
Advertise with us
Subscribe
Digital Edition
About
Advertising
About Us
Privacy Policy
Terms of Service
Contact Us
Political Ads Registry
Glacier Media Group
Visit our network of sites:
Alaska Highway News
Bowen Island Undercurrent
Burnaby Now
Castanet
Coast Reporter
Dawson Creek Mirror
Delta Optimist
Lethbridge Herald
Medicine Hat News
Moose Jaw Today
New West Record
North Shore News
Pique Newsmagazine
Powell River Peak
Prince George Citizen
REW.ca
Richmond News
SaskToday.ca
Squamish Chief
The Orca
Times Colonist
TriCity News
Vancouver is Awesome
Western Investor
Airdrie Today
Alberta Prime Times
Cochrane Today
Lakeland Today
Mountain View Today
Okotoks Today
Rocky Mountain Outlook
St. Albert Gazette
Town and Country Today
© 2023 Western Investor