Today, Alberta Innovates launched the Hydrogen Centre of Excellence, an important new initiative to drive innovation in the production, deployment and use of hydrogen in Alberta. The centre has received $50 million in funding through the Government of Alberta's Technology, Innovation and Emissions Reduction (TIER) program, with a goal of drawing in an additional $150 million in investment from other levels of government and the private sector in the next four years. The centre is instrumental to Alberta's Hydrogen Roadmap, which lays out a path to developing a strong position in the hydrogen economy and the policy framework to support it. Hydrogen has enormous potential as an energy source and is expected to be a $2.5 to $11 trillion industry worldwide by 2050. As Canada's largest producer of hydrogen, Alberta is already well-positioned to become a global leader. "Hydrogen is one of Canada's most exciting economic transformation opportunities. The clean hydrogen centre of excellence builds on Alberta's existing strengths as a leading producer of hydrogen with a vast CCUS capacity. It also builds on our success as energy innovators. It's no surprise that Alberta is leading the way," says Laura Kilcrease, CEO of Alberta Innovates. The Hydrogen Centre of Excellence is a funding program, testing and service facility, and a forum for facilitating partnerships to de-risk hydrogen technology development and is delivered in partnership with the applied research and engineering expertise of InnoTech Alberta and C-FER Technologies. For more information, see the Government of Alberta's news story and the Hydrogen Centre of Excellence webpage.