The Hydrogen Innovation Fund will enable the IESO and project proponents to test existing and emerging technologies with a view to objectively determine how hydrogen resources can support reliability, affordability and sustainability.
The Fund invested in projects no more than three years in length, funding up to a maximum 50 per cent of eligible project costs. The Fund covers three project types:
Hydrogen production from electricity to explore how a hydrogen production facility can provide grid services (e.g., energy, operating reserve, ancillary services) while producing hydrogen for various end-uses
Electricity generation from hydrogen, including co-firing hydrogen with natural gas in order to evaluate the impact of hydrogen blending on turbine efficiency and emissions reduction
Support for the development of the broader hydrogen economy, including exploring the feasibility of site-specific hydrogen conversions at different locations across the province