Tuesday, December 21, 2021 3:15:29 PM
here is the excert from their third quarter transcript with my highlight
"
We are also in the early stages of seeing meaningful growth in emerging technologies. One that we are following very closely is green hydrogen. Green hydrogen plays to the strength that have defined -- defined our business for decades. Knowledge of global power markets, clean energy expertise, large-scale capital, and best-in-class operating in development capabilities. Although still in its relative infancy, the potential market for green hydrogen is significant due to its storage capabilities and the ability to address harder to abate emissions coming from the heavy-duty and industrial sectors, such as long-haul transport in steel production. And while green hydrogen is not yet economic on a widespread basis, we are increasingly seeing specific opportunities to invest at attractive, risk-adjusted returns.
We are currently advancing almost 1 gigawatt of green hydrogen opportunities, positioning us well to be a first-mover so that we can invest in scale as the cost curve continues to come down, and the technology is adopted more broadly. In addition to our agreement to fully energize a hydrogen Company's planned green hydrogen production plant in Pennsylvania, one of the first industrial scale facilities in North America. We are also progressing one of Canada's largest green hydrogen projects, providing green hydrogen to a pipeline operator as the off-taker for injection into its natural gas network in Quebec, with construction targeted to start next year. With that, I will turn the call over to Wyatt to discuss our operating results and financial position.
"
https://seekingalpha.com/article/4466021-brookfield-renewable-partners-l-p-bep-ceo-connor-teskey-on-q3-2021-results-earnings-call
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