Colombia hydrogen energy storage plant operation

Could green hydrogen be a viable energy source in Colombia?

Hydropower supply for green hydrogen could be an easy option to spot because of its installed capacity in Colombia and the economic benefit of having hydrogen as an energy storage technology.

What is the next step in promoting hydrogen-based technology in Colombia?

It also identifies the regulatory changes needed to promote hydrogen-based technology and, therefore, to continue with the next step: executing a hydrogen deployment plan and laying out the conditions of the hydrogen supply chain in Colombia.

Will Green Hydrogen take off in Colombia in 2040?

From 2030 and 2040, we could see both blue and green hydrogen take off in Colombia. Its natural energy resources are abundant, and its location is a great asset. After 2040, green hydrogen can become the most competitive alternative across all of Colombia’s territory.

How much green hydrogen will Colombia produce by 2030?

We roughly translate Colombia’s electrolyser capacity target into 3-6 GW of renewable energy capacity requirements and 0.2-0.4 Mt of annual green hydrogen production by 20302. However, the Government’s own projections are more conservative, at about 0.07 Mt annual green hydrogen production by 2030 .

Can Colombia develop a hydrogen market?

In terms of developing a hydrogen market, Colombia presents two strategic advantages: High availability of renewable energy sources to produce green hydrogen in areas like the Guajira. With the cost of renewable electricity tumbling, green hydrogen could be cost-competitive as early as 2027, and, certainly before 2030.

What is Colombia's National Hydrogen strategy & road map?

Colombia published the National Hydrogen Strategy and Road Map. This guide will be key for securing a strategic position in a nascent industry that has the potential to revolutionize energy markets in the coming decades. Hydrogen is the most abundant element in Earth’s atmosphere.