Bolivia's YPFB Receives Proposals for Green Hydrogen, Ammonia, and Methanol Plants Study
Key Ideas
  • YPFB in Bolivia received three proposals for an engineering study on green hydrogen, ammonia, and methanol plants.
  • The 240-day contract involves tasks like raw material availability assessment and market study for plant products.
  • The study includes evaluating locations near renewable energy systems and connecting to the national power grid.
  • The correction in reference terms led to multiple bidders participating in the study for green energy implementation.
Bolivia's state hydrocarbons company, YPFB, has received three proposals to conduct a conceptual engineering study for the establishment of green hydrogen, ammonia, and methanol plants. Initially, Egaflow H2V was the sole participant, but a correction in the reference terms prompted a new call for proposals. The 240-day contract will involve evaluating the availability of raw materials, determining suitable plant locations, and drafting a market study for the products and byproducts of the plants. The study will also focus on identifying sites in proximity to renewable energy systems and assessing the feasibility of connecting to the national power grid. This initiative aligns with Bolivia's energy development strategy, showcasing a push towards green hydrogen technology and sustainable energy practices. The government's promotion of energy development through agreements like the Green Hydrogen Pilot Plant in Oruro highlights a significant investment of nearly US$3 billion in green energy projects. The involvement of various companies and the interest in green energy solutions signify a positive step towards a more sustainable and environmentally friendly energy sector in Bolivia.
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