OUR GREAT MINDS

    by Tina Olivero

    Huge hydrogen potential in N.L., study says

    A new study says Newfoundland and Labrador has the potential to develop a hydrogen industry worth $11 billion annually by 2050 that would support 140,000 jobs, based on abundant hydropower, wind and hydrocarbon resources.

    “This research confirms that the production of hydrogen has enormous economic growth and diversification potential for Newfoundland and Labrador,” stated Kieran Hanley, executive director of the Newfoundland & Labrador Environmental Industry Association.

    Among the findings, the study found that local demand for hydrogen is projected to be lower in the province than elsewhere in the Atlantic region but that it is strategically positioned to establish a hydrogen export market to Europe that could generate significant jobs and economic growth for the region.

    “This study is one of the ways (we are) exploring what the Atlantic region’s energy future might look like and how we can create new opportunities as we work to achieve net-zero GHG emissions by 2050,” said Alisdair McLean, executive director of the Offshore Energy Research Association, which coordinated the study.

    The Newfoundland and Labrador hydrogen feasibility study builds on an earlier one looking at potential in the three Maritime provinces, Net-Zero Future: A Feasibility Study of Hydrogen Production, Storage, Distribution and Use in The Maritimes, released in October 2020.

    It was conducted by Zen and the Art of Clean Energy Solutions with support from Dunsky Energy Consulting, Redrock Power Systems, the Newfoundland & Labrador Environmental Industry Association, and Natural Resources Canada.

    Source(s) & Images(s): Atlantica Centre for Energy

    Tina Olivero

    30 years ago, Tina Olivero looked into the future and saw an opportunity to make a difference for her province and people. That difference came in the form of the oil and gas sector. Six years before there was even a drop of oil brought to the shores of Newfoundland, she founded The Oil and Gas Magazine (THE OGM) from a back room in her home on Signal Hill Road, in St. John’s, Newfoundland. A single mother, no financing, no previous journalism or oil and gas experience, she forged ahead, with a creative vision and one heck of a heaping dose of sheer determination. With her pioneering spirit, Ms. Olivero developed a magazine that would educate, inspire, motivate and entertain oil and gas readers around the world — She prides herself in marketing and promoting our province and resources in unprecedented ways. The OGM is a magazine that focuses on our projects, our people, our opportunities and ultimately becomes the bridge to new energy outcomes and a sustainable new energy world. Now diversifying into the communications realms, a natural progression from the Magazine, The OGM now offers an entirely new division - Oil & Gas Media. Today, The Oil and Gas Magazine is a global phenomenon that operates not only in Newfoundland, but also in Calgary and is read by oil and gas enthusiasts in Norway, Aberdeen, across the US and as far reaching as Abu Dhabi, in the Middle East. Believing that Energy is everyone’s business, Ms. Olivero has combined energy + culture to embrace the worlds commitment to a balance of work and home life as well as fostering a foundation for health and well being. In this era of growth and development business and lifestyle are an eloquent mix, there is no beginning or end. Partnering with over 90 oil and gas exhibitions and conferences around the world, Ms. Olivero's role as a Global Visionary is to embrace communication in a way that fosters oil and gas business and industry growth in new and creative ways.

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