CALGARY — TC Energy has signed an agreement with electric vehicle manufacturer Nikola to jointly develop large-scale hydrogen production facilities in the U.S. and Canada.

The two companies say they plan to produce 150 tonnes or more of hydrogen per day within the next five years.

The hydrogen hubs will be located near major trucking corridors to help U.S.-based Nikola fuel its heavy-duty fuel cell electric vehicles.

Calgary-based TC Energy says its existing pipeline assets could be used to transport the hydrogen. It says its pipelines could deliver CO2 to sequestration facilities to decarbonize the hydrogen production process.

Nikola president Pablo Koziner says the companies want to produce enough cost-efficient hydrogen to support widespread customer adoption of fuel cell electric vehicles.

The companies did not disclose an investment figure for the proposed project.

This report by The Canadian Press was first published Oct. 7, 2021.

Companies in this story: (TSX:TRP)

The Canadian Press

News from © The Canadian Press, 2021. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • 0023 LC Trucking tractor picker hiring mix
  • 0022 Grimes winter hiring
  • 0021 OSY Rentals S8 Promo
  • 0020 Sk Oil Show PO Ad 02 speakers with voiceover
  • 0019 Jerry Mainil Ltd hiring dugout
  • 0018 IWS Hiring Royal Summer
  • 0017 eventworx
  • 0016 Estevan Meter Services
  • 0014 Buffalo Potash What if PO
  • 0015 Latus Viro PO Ad 01
  • 0013 Panther Drilling PO ad 03 top drive rigs
  • 0011
  • 0009
  • 0006 JK Junior
  • 0004 Royal Helium PO Ad 02
  • 9001
  • 0002
  • 0001