On Friday, September 6th, the Honourable Sam Oosterhoff, Associate Minister of Energy-Intensive Industries, and Bruce-Grey-Owen Sound MPP Rick Byers toured Hydrogen Optimized Inc’s expanding manufacturing facility of hydrogen production systems. Hydrogen Optimized Inc. is an integral part of Ontario’s low-carbon hydrogen sector, supplying energy-intensive industries with technologies to transition to low-carbon hydrogen.
“We are excited to see companies like Hydrogen Optimized harnessing Ontario’s advantage in the hydrogen economy,” said Minister Oosterhoff. “Leveraging Ontario’s competitive advantages—including our talent, infrastructure, and the availability of locally sourced components and raw materials, we continue to enable companies like Hydrogen Optimized to invest in domestic manufacturing and the low-carbon hydrogen sector.”
With one of the cleanest electricity grids in the world, the province provides a strong foundation for growth in the hydrogen sector. “Ontario’s leadership in the low-carbon hydrogen sector is attracting more and more high-skilled jobs to Bruce-Grey-Owen Sound and the surrounding regions,” said MPP Rick Byers, “the emerging low-carbon hydrogen sector continues to stimulate the local economy and provides sustainable and secure jobs for the workforce of the future.”
Hydrogen Optimized Inc. is strengthening local manufacturing and driving economic growth in the region, exporting large-scale clean hydrogen technology solutions across Canada and North America.
Through Ontario’s Low Carbon Hydrogen Strategy, the government is positioning Ontario at the forefront of the hydrogen sector, and is continuing to attract high-skilled well-paid jobs in science, technology, engineering, and the skilled trades, while also growing the economy. The government will continue to develop an economically sustainable low-carbon hydrogen sector and connect Ontario with global markets by working together with Ontario businesses and industrial partners, the federal government, municipalities, Indigenous communities, academic institutions, and other key stakeholders.
This is part of the broader commitment to building a clean, reliable, and sustainable energy grid with a diverse mix of resources, ensuring Ontario meets the growing demand for electricity driven by economic growth and electrification, while providing families and industries with the reliable, low-cost, and clean power they need to power the future.
Low-carbon hydrogen is a key component of Ontario’s low-carbon future. It can be used to generate electricity or power vehicles, businesses, industries and heat homes, while producing little to no greenhouse gases (GHG) or other pollutants.
By 2050, the hydrogen economy could create over 100,000 jobs across the province, while reducing greenhouse gas (GHG) emissions by 50 megatonnes per year. This reduction in GHG emissions would be equivalent to about a quarter of Ontario’s 2005 emissions or removing 15 million cars off the road.