Canadian geothermal hydrogen project advances
Startup Meager Creek Development Corporation has plans to convert an abandoned geothermal power project to produce green hydrogen
Canadian startup Meager Creek Development Corporation (MCDC) plans to produce green hydrogen from geothermal power supplied by the Meager Creek project in British Columbia (BC), on the site of a previously abandoned geothermal research project. The development is in the unceded traditional territory of the Lil’wat First Nation. MCDC is targeting first hydrogen production from the initial phase of its project in 2025, which would make it one of the first to do so from geothermal power in the world. The company estimates the first phase will cost C$250mn ($184mn), with a 32MW geothermal plant providing power to the electrolyser to generate 3,900t/yr of green hydrogen. Hydrogen Economist interv
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges