The Ontario government has announced the launch of a new $30 million Hydrogen Innovation Fund aimed at unlocking the potential of hydrogen as a clean energy source. This fund, doubling the budget of the previous year, will have expanded eligibility criteria to include projects in the electricity grid and various sectors like transportation. The fund will support projects in two main streams: those benefiting the electricity system through the integration of low-carbon hydrogen and those enabling broader applications in transportation, manufacturing, and heavy industry. According to Natural Resources Canada, hydrogen could represent 18% of the country's energy use by 2050, leading to the creation of 135,000 jobs. The previous 2023 Hydrogen Innovation Fund in Ontario has already facilitated 15 projects utilizing hydrogen for clean fuel and electricity generation.