Bolivia's YPFB Receives Offers for Green Hydrogen Development Study
Key Ideas
- YPFB, Bolivia's state hydrocarbons company, received offers from two firms for a study on green hydrogen, ammonia, and methanol plants.
- The study will involve assessing raw material availability, determining plant locations, drafting market studies, and evaluating connection to renewable energy systems.
- The winning bidder will be awarded a 240-day contract next month after the call was issued in September.
- The potential development of green hydrogen in Bolivia marks a significant step towards sustainable energy practices in the region.
Bolivia's state hydrocarbons company YPFB has attracted attention with two offers from Comercializadora Egaflow and Consorcio H2V Bolivia to study the potential development of green hydrogen, ammonia, and methanol plants. This initiative aims to explore various aspects such as raw material availability, suitable plant locations, market studies for products and subproducts, and technical specifications for subsequent stages. The selected firm will also examine the feasibility of locating the plants near renewable energy systems or connecting to the national power grid. The 240-day contract award process is set for the following month after the call was released in September. This development signifies a positive move towards embracing sustainable energy practices and exploring green hydrogen opportunities in Bolivia and the broader Latin American region.