TC Energy Corp., a natural gas pipeline company, and Hyzon Motors, a global supplier of hydrogen fuel cell powered electric vehicles (FCEV), have reportedly announced a new partnership to develop, construct, own, as well as operate hydrogen production hubs and facilities across North America.
Corey Hessen, the President of Power and Storage at TC, stated that the partnership is expected to merge TC Energy’s experience in natural gas as well as renewables with Hyzon’s technical performance in fuel cell electric vehicles, which are being supplied throughout the world.
Meanwhile, Parker Meeks, Chief Strategy Officer at Hyzon, stated that the company’s work with TC has already started, with assessment of production sites currently underway. Meeks added that the two enterprises expect to have these systems online soon.
Jennifer Link, a TC spokesman, stated that the business is still in the initial stages of evaluating any hydrogen production hub. After a location has been confirmed and licensed, it might still take ‘several months’ to establish a 20-mt/d hub.
The TC-Hyzon collaboration is the most recent in a series of recent efforts to boost hydrogen infrastructure development.
TC and Hyzon, based in Rochester, New York, intends to assess prospective hub sites across many states and provinces across the region to deliver hydrogen for heavy-duty trucks. To facilitate Hyzon's back-to-base vehicle fleet deployments, the firms said that they would target sites near existing and prospective client demand.
Furthermore, it is estimated that each hub would generate up to 20 metric tons of hydrogen per day (mt/d).
Hessen stated that TC is dedicated to identifying and establishing energy solution in North America to satisfy energy transition demand from customers and its own assets.
The partnership with Hyzon is TC's second hydrogen FCEV agreement, after a deal to provide hydrogen to Nikola Corp was inked just last month.
According to Tudor, Pickering, Holt & Co.’s analyst, Matt Taylor, Hyzon and Nikola are both FCEV producers, but their business strategies are distinct.
Nikola also plans to build hubs but with a capacity of around 150 mt/d, which is significantly more than Hyzon's 20 mt/d.