Philippines Attracts Global Interest for Native Hydrogen Exploration in Central Luzon
Key Ideas
- The Philippines' Department of Energy has garnered significant interest from companies in Australia, Europe, and North America for hydrogen exploration in Central Luzon.
- Japanese and Chinese firms are more focused on hydrogen manufacturing, while the Philippines aims to facilitate the production of naturally occurring hydrogen.
- The bid round for two designated areas for hydrogen exploration in Zambales opened in February and will close in August, showcasing the country's innovative approach.
- Energy Secretary Lotilla highlighted the discovery of naturally occurring hydrogen in Mali and France and expects interest from East Asian neighbors in the region.
The Department of Energy in the Philippines has attracted attention from companies across Australia, Europe, and North America for participating in the bidding for two specific areas earmarked for native hydrogen exploration in Central Luzon as part of the 2024 Philippine bid round. Undersecretary Alessandro O. Sales expressed surprise at the level of interest shown by various companies in these areas dedicated to hydrogen exploration, emphasizing that the Philippines stands out as the only country with such designated zones. Sales highlighted the difference in focus between Japanese and Chinese firms, who are more involved in hydrogen manufacturing, and the Philippines, which seeks to support the extraction of naturally occurring hydrogen. The bid round, which began in February, offers two locations in Zambales for hydrogen exploration, with a deadline set for August. Energy Secretary Raphael Lotilla mentioned the previous discoveries of natural hydrogen in Mali and France, attributing the interest from European entities to this factor and anticipating similar curiosity from neighboring East Asian countries.
Topics
Production
Innovation
Energy Exploration
Natural Resources
International Interest
Bidding Round
Asian Neighbors
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