Kyle Hayes Comments on Canadian Hydrogen Export Market

Foley & Lardner LLP partner Kyle Hayes commented on Canada’s clean hydrogen export market in the Reuters article, “Canada’s hydrogen strategy advances, challenges remain.”

“It’s a good policy, but there are a lot of difficult factors; the liquefaction process associated with hydrogen, a lack of availability of ammonia carriers, and then the costs associated with re-gasifying on the other side,” said Hayes, who is co-chair of Foley’s Hydrogen Practice.

Hayes also noted other potential challenges facing hydrogen exporters. “The lack of a robust universe of off-takers, creates a snowball effect in that … it generally means a lack of financing, and therefore it somewhat limits the universe of viable producers to strategics, who do not necessarily want to dip their toes in the water alone, and so you reach this impasse,” he added.