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FAQ
How much will these projects cost the provincial government (or taxpayers)?

How much will these projects cost the provincial government (or taxpayers)?

These projects will have no cost to taxpayers or to the provincial government, as there is no provincial investment required, though an average green hydrogen project is expected to generate $336 million in tax revenue for the provincial government during the construction phase of the project.

Source: “Game Changer: Green hydrogen and the evolution of Newfoundland and Labrador’s energy sector” Jupia Consultants, March 2024

FAQ

By harnessing our boundless wind resources, we’ll create renewable energy to help power the world. Let’s secure our position as a leader in green energy production while we have the wind at our backs.