Thursday, July 20, 2023

PREDC's Paul Venditelli's recent journey to Texas hopes to round up some interest in Watson Island Hydrogen plans

Prince Rupert EDO official Paul Venditelli (right) at a recent Convention
towards Hydrogen energy development  in Houston Texas 
(image from PREDC FB)

The City's Economic Development Officer Paul Venditelli has updated Prince Rupert residents on his recent trip to Texas, the PREDC Official was in Houston in late June for The Hydrogen Technology Conference and Expo in the energy capital of America.

The City's economic development officer promoting the North Coast for future green energy development as part of Canadian Trade delegation.

Mr. Venditelli offered up a look at his focus for the trip as part of his social media post on the PREDC page, the accounts also include some photos of the Texas visit.

Our focus and the focus of the conference was around low carbon hydrogen production, as well as the transportation and infrastructure needed to service this sector - with the intent to commercialize hydrogen as a mainstream provider of clean, renewable energy. In Houston, we had a packed schedule raising awareness of the amazing work and potential on the North Coast and Northern BC in support of a low carbon fuels space. 

A new hydrogen project, especially one on Watson Island, will not only bring jobs to the community, but also lease and tax revenues that can be reinvested in our community. That’s a win-win for Prince Rupert, and we're excited to continue to explore and promote future opportunities for Prince Rupert's green energy sector! -- PREDC Officer Paul Venditelli on the focus for the trip to Houston in June

Will Hydrogen join Liquid Propane as an export from Watson Island?
The City of Prince Rupert continues to court hydrogen investors towards
development of infrastructure on the industrial site
(Image from PREDC FB)

The work in Houston is not the first mention of plans for Hydrogen related development for the city's Watson Island site, last fall outgoing Mayor Lee Brain shared some enthusiasm for an agreement with a company called Patterson Energy towards development of what was described as a "World Class Green Hydrogen Facility".

That announcement noted of the memorandum of agreement for the City of Prince Rupert, Lax Kw'alaams, Metlakatla and the city's Prince Rupert Legacy Inc. mechanism which all signed on to the memorandum with Pattern Energy towards the development of local renewable energy.

Few details were released at the time towards a timeline for construction, what the facility would look like or the coast towards development of it.

Since that information release of November 4th, 2022 , there have not been any further updates on the progress towards the initiative and the topic has not been one for discussion at City Council sessions.



Watson Island is not the only location on the North Coast that may see Hydrogen energy development, Trigon Pacific Terminals and Alta Gas also have plans for development of the resource, that through their Berth 2 Beyond Carbon project.

That project already has seen investment from the Federal Government towards development, the Berth 2 Beyond Carbon project is part of Trigon's Diversification strategy.

There have not been many updates or announcements of late when it comes to new industry for the city's newest industrial site, for some past notes on Watson Island see our archive page here.

11 comments:

  1. Never a bad idea to swing for the fences. But in terms of economic development and tax base diversification. We need to look for singles and doubles to generate momentum.
    Industrial opportunities can take a long time. Tourism & service opportunities could offer faster returns and should be getting more attention.
    What other city gets 250k cruise ship tourists dropped on their doorstep each year?

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    Replies
    1. Cruise ship tourists don’t pay property taxes.

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    2. But businesses that serve cruise ship passengers do pay taxes.
      CMC has some economics courses you should look at
      https://www.coastmountaincollege.ca/search-result

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    3. Pembina was a home run. And home runs make millions in annual tax revenue.

      When it comes to property taxes, cruise is like a bunt, not even a single. It’ll advance someone else

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    4. How long did that take in years for Pembina?
      Can taxpayers wait for a hopeful home run or look for high percentage wins?

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    5. Keep eating your double digit tax increases for the next decade waiting for that industrial tax home run.
      Watson is 13% leased, and the city has nothing concrete in their pipeline, just trade show visits.

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    6. Also side note: PR got 41,000 cruise passengers last year, not the 250k you claimed. You were off by a factor of 6. Don’t need an economics course to know that’s call hyperbolic

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    7. Who pays for the travel, City of Prince Rupert or the Legacy Fund? Wrong question the taxpayers of Prince Rupert pay travel expenses!

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    8. The double digit tax increase was thanks to the PRPA, not to Watson or the City, Sherlock.

      Funny how we don’t see any complaints or criticisms of Ridley Island not being 100% leased after 40+ years, or Lelu Island being 100% vacant….

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    9. You forgot to mention the shortfall of CityWest payments to the city for loans to our phone company that is subsidized by Prince Rupert taxpayers.
      That is the truth being spoken by Sherlock. Thanks for your input sunshine.

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    10. Apples and elephants comparison. Nice try tho

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