Nikola Corporation and energy infrastructure specialist TC Energy announced the start of a cooperation aimed at co-developing, building, operating and owning large-scale hydrogen production facilities in the United States and Canada. According to the press release, «Nikola’s Energy business unit and TC Energy are actively collaborating to identify and develop projects to establish the infrastructure required to deliver low-cost and low-carbon hydrogen at scale in line with each company’s core objectives». This is indeed quite an important step in view of the very first Nikola Tre FCEV trucks made by Nikola. We had the opportunity to see a prototype a couple of weeks ago in Ulm during the inauguration of the facility shared with IVECO (below, the picture of a FCEV prototype).

nikola iveco ulm

Nikola and TC Energy’s initial targets

Nikola and TC Energy also mentioned their initial target, which is to establish hubs producing 150 tonnes or more of hydrogen per day near highly traveled truck corridors to serve Nikola’s planned need for hydrogen to fuel its Class 8 FCEVs within the next five years. TC Energy has significant pipeline, storage and power assets that potentially can be leveraged to lower the cost and increase the speed of delivery of these hydrogen production hubs. This may include exploring the integration of midstream assets to enable hydrogen distribution and storage via pipeline and/or to deliver CO2 to permanent sequestration sites to decarbonize the hydrogen production process.

«A major step for the provision of hydrogen fuel solutions to future Nikola FCEV customers»

«We are excited to have a strategic partnership with a North American energy leader focused on delivering low-carbon and hydrogen-based energy solutions», said Nikola President, Energy and Commercial Pablo Koziner. «This collaboration with TC Energy is intended to enable the production of hydrogen at quantities and costs that are required to support customer adoption and use of FCEVs. TC Energy also offers pipeline distribution capabilities that will be essential for cost-efficient movement of hydrogen in the future. Today marks a major step by Nikola in accordance with its stated energy strategy for the provision of hydrogen fuel solutions to future Nikola FCEV customers and to public network fueling stations».

«By leveraging our natural gas and power operations footprint, we see this new partnership as an important first step in facilitating access to affordable low-carbon production of hydrogen for the transportation and industrial sector», added Corey Hessen, TC Energy’s Senior Vice President and President, Power and Storage. «TC Energy is focused on our own decarbonization efforts as well as being the provider of choice for carbon-free energy to the North American industrial, natural gas and oil sectors. Nikola as a partner and as a customer aligns well with that approach».

Highlights

Nikola in need of new source of money to continue its business

Media reports say that the manufacturer has got the money to survive no longer than one quarter in 2025. Nikola managed to sell something like 200 hydrogen fuel cell trucks in the first 3 quarters of the year. At the same time, the company has been facing trouble for quite a long time, with the need...
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