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Hydrogen storage tanks are visible at the Iberdrola green hydrogen plant in Puertollano, Spain, on March 28, 2023. The Canadian Press/AP-Bernat Armangue
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Newfoundland and Labrador is owed millions of dollars in fees from green energy companies, underlining growing doubts about whether promises of major projects and multi-billion dollar investments will pan out.
Six companies are vying to create new operations in the province that would use wind energy to produce hydrogen for exports overseas. Figures obtained by The Canadian Press reveal some owe a collective total of $13.7 million in fees due in 2024 for the use of Crown land.
