Newfoundland and Labrador Government Supports Wind-Hydrogen Development at North Atlantic Refining Limited
Key Ideas
  • The Newfoundland and Labrador Government has designated a 10,316-hectare Wind Hydrogen Hub Land Reserve for North Atlantic Refining Limited, supporting the company's pursuit of a Green Energy Hub project.
  • North Atlantic Refining's project aims to leverage its existing infrastructure to power the production, storage, and export of Liquid Organic Hydrogen Carriers, aligning with the province's Hydrogen Development Action Plan.
  • The government's issuance of a Wind Hydrogen Hub Application Recommendation Letter grants NARL exclusive rights to pursue project development, subject to legislative, regulatory, and environmental assessment processes.
  • The project will be required to submit Benefits and Gender Equity, Diversity, and Inclusion Plans for approval, ensuring adherence to the Wind-Hydrogen Fiscal Framework and contributing to the region's economic and employment growth.
The Provincial Government of Newfoundland and Labrador, under the guidance of Honourable Andrew Parsons, Minister of Industry, Energy and Technology, has announced its support for wind-hydrogen development by establishing a 10,316-hectare Wind Hydrogen Hub Land Reserve for North Atlantic Refining Limited (NARL). NARL, a significant industrial player in the region, is strategically located in Come By Chance and owns a large bulk liquid storage terminal. The company plans to upgrade its infrastructure to become a Green Energy Hub, focusing on servicing the wind-hydrogen sector and facilitating the production, storage, and export of Liquid Organic Hydrogen Carriers. This initiative aligns with the province's vision for a sustainable future and is a part of its Hydrogen Development Action Plan. The exclusive rights granted to NARL through the Wind Hydrogen Hub Application Recommendation Letter enable the company to proceed with the development process, subject to various governmental approvals and assessments. The project will also need to comply with Benefits and Gender Equity, Diversity, and Inclusion Plans, ensuring alignment with the Province's Wind-Hydrogen Fiscal Framework. This strategic move not only strengthens Newfoundland and Labrador's position as an energy hub but also promises significant economic and employment benefits for the region, as highlighted by Ted Lomond, CEO of North Atlantic Refining Limited. Overall, the government's support for this project signifies a positive step towards sustainable energy development and economic growth in the province.
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