The Port of Amsterdam and the Government of Newfoundland and Labrador have signed a strategic Memorandum of Understanding (MoU) to advance a transatlantic green hydrogen corridor, connecting Eastern Canada’s production potential with Europe’s growing demand for clean energy.
The agreement, signed during a bilateral ceremony attended by senior officials and industry leaders, reflects a shared ambition to support climate goals, energy security, and sustainable economic growth through green hydrogen trade.
As explained, Newfoundland and Labrador offers ideal conditions for large-scale hydrogen production, with consistent wind, abundant freshwater, available land, and ice-free deepwater ports. The Port of Amsterdam, backed by the Dutch government, is a key European energy hub actively developing infrastructure to import renewable fuels of non-biological origin. Together, these strengths support the development of a reliable, commercially viable hydrogen supply chain between the two regions.
Areas of cooperation
The MoU outlines collaboration on:
- Assessing large-scale hydrogen trade routes and supply chains.
- Identifying and addressing regulatory, legal, and market barriers.
- Attracting investment to build enabling infrastructure.
- Fostering partnerships across public, private, and academic sectors.
- Advancing early-stage pilot projects to demonstrate feasibility.
To remind, in late 2024, Getting to Zero Coalition and the Global Maritime Forum’s report “Annual Progress Report on Green Shipping Corridors 2024,” found there is a major growth in the number of initiatives, increasing by 40% in 2023 to a total of 62 initiatives globally.