Skeena Clean Hydrogen Hub: Fostering Clean Energy Growth in Terrace, Canada
Key Ideas
  • Source3 Energy X Inc. and Skeena Industrial Development Park signed an MOU to develop the Skeena Clean Hydrogen Hub in Terrace, British Columbia, to produce clean hydrogen and derivative fuel products.
  • The hub aims to meet the increasing demand for clean fuels and contribute to the transition to zero-carbon transport and industrial processes, producing up to 50,000 tonnes of carbon-free hydrogen annually.
  • The collaboration signifies a significant opportunity for establishing a new major industry in the area with potential for growth, supported by the Northern BC Hydrogen Hub, fostering decarbonization in various industries.
  • Source3X, a clean energy developer, envisions exponential growth in green hydrogen demand globally and in Canada, particularly in Terrace, a strategic hub for energy and transportation, offering a pathway to decarbonize heavy-duty transportation and other sectors.
Source3 Energy X Inc. and the Skeena Industrial Development Park have entered into a Memorandum of Understanding to collaborate on establishing the Skeena Clean Hydrogen Hub in Terrace, British Columbia, Canada. The hub will focus on producing clean hydrogen and derivative fuel products from renewables and other energy sources to cater to the increasing local and global demand for clean fuels. With the goal of aiding the transition to zero-carbon transport and industrial processes, the facility is set to generate up to 50,000 tonnes of carbon-free hydrogen or its downstream products annually. The partnership between Source3 Energy X Inc. and SIDP represents a significant opportunity for creating a major industry in the region with growth potential, supported by the Northern BC Hydrogen Hub. Ayaz Khokhar, the President and CEO of Source3X, underscores the importance of the Skeena Clean Hydrogen Hub as the primary element of the clean energy cluster being developed in Northern British Columbia, anticipating a substantial rise in the demand for green hydrogen and its derivative products worldwide and in Canada. Terrace's strategic significance in energy, road, and rail transportation makes it a key location for decarbonizing heavy-duty transportation and other industries through initiatives like the Skeena Clean Hydrogen Hub.
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