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CSE: HHE  |  FSE: 0NB  |  OTC(PINK): BTKRF

CSE: HHE  |  FSE: 0NB  |  OTC(PINK): BTKRF

Presentation
News Alerts

CSE: HHE  |  OTC Pink: BTKRF  |  FSE: 0NB

Market

Applying The R2G2TM Natural Hydrogen Model Across HHE’s Nova Scotia Portfolio
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$ 0 Billion
The global hydrogen market was valued at approximately USD 282.6 billion in 2025 and is projected to grow to around USD 556.6 billion by 2034, representing a CAGR of about 7.8% from 2026 to 2034.1
$ 0 Billion
Over 110 billion USD in committed investment now exists globally across 500+ hydrogen projects that are operational, under construction, or past final investment decision, marking rapid industry maturation.2
0 Million Tonnes
Global hydrogen demand increased to almost 100 million tonnes in 2024, up 2% from 2023 driven by a greater use in sectors that have traditionally consumed hydrogen, like chemicals and oil refining.3

Source 1: Marketdataforecast.com
Source 2: Hydrogencouncil.com
Source 3: Iea.org

Market Data

Canadian Hydrogen Market

  • 4 Million Tonnes

    Canada produces approximately 4 million tonnes of hydrogen annually, positioning it among the world’s largest producers. Production is highly concentrated in Alberta, which accounts for roughly 65% of national output, supported by established natural gas infrastructure and industrial demand.1

  • CAGR 3.9%

    The Canadian hydrogen market demand stood at 4.5 million tonnes in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.9% through 2034, reflecting increasing domestic and international interest.2

  • $581 Million Revenue

    The Canadian hydrogen market generated a revenue of 581 million USD in 2022 and is expected to reach USD 982.3 million by 2030.3

Canada ranks in the Top 10 of global hydrogen producers.4
Canadian market is expected to grow at a CAGR of 6.8% by 2030.3

Source 1: Canada Energy Regulator
Source 2: Chemanalyst.com
Source 3: Grandviewresearch.com
Source 4: Sciencedirect.com

Global Hydrogen Production By Country (2024)

Source: IEA (derived from global hydrogen production data, 2024)

Canada Produces 4% of Global Hydrogen.2

Source 1: Hydrogeninsight.com
Source 2: Energy.ca

Market Data

Hydrogen Market

  • Global Demand

    The demand for hydrogen is rapidly growing as industries and governments prioritize decarbonization and sustainable energy solutions. With its potential to replace fossil fuels in transportation, manufacturing, and power generation, hydrogen is becoming a key part of the global energy transition, supported by significant investments and government incentives in Canada. As technologies advance, hydrogen is set to play a crucial role in the low-carbon economy.

  • $600 Million Pledged

    Canada & Germany pledged $600M CAD to support a transatlantic clean hydrogen auction under the H2Global initiative, enhancing export opportunities for Canadian producers. Canada-Germany Hydrogen Alliance aims to establish a hydrogen trade corridor for energy security & decarbonization.1
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