Ontario Investing in Hydrogen to Fuel Province’s Growing Economy

October 12, 2023

Innovative projects will explore opportunities to expand the use of hydrogen as a clean alternative fuel

The Ontario government announced the first six projects that will receive funding through the new Hydrogen Innovation Fund, which will kickstart and develop opportunities for low-carbon hydrogen to serve as a clean fuel while strengthening the province’s reliable, affordable and clean electricity grid. The successful projects represent $7.5 million in funding and mark another milestone in the implementation of the province’s Low-Carbon Hydrogen Strategy, positioning Ontario as a clean manufacturing hub.

In February 2023, Ontario announced it would establish a Hydrogen Innovation Fund that will invest $15 million over the next three years to kickstart and develop opportunities for hydrogen to be integrated into Ontario’s clean electricity system, including hydrogen storage.

These investments build on Ontario’s clean energy advantage as the government makes progress on the Low-Carbon Hydrogen Strategy that laid out eight concrete actions to make Ontario a leader in the latest frontier of energy innovation – the hydrogen economy.

Read more: Ontario Investing in Hydrogen to Fuel Province’s Growing Economy | Ontario Newsroom