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Bullboard - Stock Discussion Forum Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in... see more

TSXV:AXE - Post Discussion

Acceleware Ltd > What is the Hydrogen Centre of Excellence?
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Post by Whampoa on Sep 23, 2022 1:21pm

What is the Hydrogen Centre of Excellence?

What is the Hydrogen Centre of Excellence?

The Hydrogen Centre of Excellence is led by Alberta Innovates, with the applied research and engineering expertise of its two subsidiaries, InnoTech Alberta and C-FER Technologies. The centre is a funding program, testing and service facility, and forum for facilitating partnerships to de-risk hydrogen technology development. Its objectives are to:

  • Inform the public about the scopes, benefits and deployment of a hydrogen economy in Alberta;
  • Identify technology gaps to broad market adoption of hydrogen;
  • Develop and deliver innovation programs to fill the identified technology gaps;
  • Provide testing facilities and services, and host demonstration projects; and
  • Facilitate partnerships and alliances to de-risk technology and advance projects.

The centre will target five leading markets for hydrogen energy that have significant economic opportunity for Alberta:

Heating (Residential & Commercial), Power Generation & Storage, Exports, Transportation, Industrial Processes

Image Source: Alberta Hydrogen Roadmap

Background

The centre adds value to the economy by investing in clean technology research and innovation that focuses on technologies that improve environmental sustainability and economic diversification.

Interest in hydrogen is gaining momentum globally, offering opportunities to achieve economic and environmental objectives in Alberta and beyond.

Hydrogen has been identified as an important priority for Alberta in the provincial Economic Recovery Plan and the Natural Gas Vision and Strategy, as well as the federal Hydrogen Strategy.

Alberta’s Hydrogen Roadmap lays out a path to a hydrogen economy and establishes a policy framework and actions to achieve Alberta’s ambitions in the emerging hydrogen economy. Within Alberta’s Hydrogen Roadmap, the Hydrogen Centre of Excellence is an important delivery mechanism for many of its policy pillars to achieve a thriving hydrogen economy in Alberta, including:

  • Build new market demand
  • Enable Carbon Capture, Utilization, and Storage (CCUS)
  • De-risk investment
  • Activate technology and innovation
  • Ensure regulatory efficiency, codes, and standards
  • Lead the way and build alliances
  • Pursue export markets

https://albertainnovates.ca/programs/hydrogen-centre-of-excellence/
Comment by blitzer2 on Sep 23, 2022 5:02pm
Thanks Whampoa. Perhaps you also posted this to let people know (or remind them) that AI - Alberta Innovates will be familiar with the expertise of Acceleware's technology. Back in March of 2021, AI entered into an investment agreement with AXE and provided a contibution up to $5M for the RF XL commercial pilot test at Marwayne, Alberta. Just a year later in early March 2022, AXE ...more  
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