Colombia’s plan for hydrogen

Regulation & Policy, Renewables    May 21, 2021 2:22 PM

The government is making progress in drawing up the map for incorporating hydrogen into its energy basket.

Authorities consider that this is a key step in the world for decarbonization and in which Colombia cannot be left behind, El Tiempo reported.

The government, with the support of the Inter-American Development Bank (IDB), will present the roadmap that defines a 30-year plan to establish a hydrogen economy in Colombia in 2Q21.

The Minister of Mines and Energy (MinEnergia), Diego Mesa, said that possible sources of green and blue hydrogen represent market opportunities in different segments and export possibilities to countries such as Germany and others in Europe.

The entity highlighted that the global demand for hydrogen grew 40% between 2000 and 2018, and this will have an exponential growth in 2030, reaching 8 million tons per year.

The roadmap that is being prepared with the IDB’s support will lead to public policy actions and will have three work pillars.

The first is the viability of the production and use of green and blue hydrogen, with concrete technical, legal, institutional, commercial, and financial actions.

The second is the closing of regulatory gaps and the third is support for pilot projects with international cooperation for technology transfer and capacity building in the sector.

Mesa said that the hydrogen economy will allow the decarbonization of sectors such as manufacturing and transportation.

Blue hydrogen will generate transition scenarios for coal in sectors that are difficult to decarbonize, such as refineries, the chemical industry to produce ammonia and methanol and metallurgy, Mesa explained.

In addition, it contributes to the reduction of emissions from heavy and long-distance transport using fuel cells, offering shorter recharge times than electric vehicles.

Bottom-Line: The government has done a great job promoting new sources of generation in the country in recent years.

The roadmap for hydrogen will be fundamental to attract the investors’ interest since the potential is enormous in the country.

Our Sponsors

Subscribe to Our Newsletter

biqle