Colombia's Emergence as a Green Hydrogen Leader: Key Developments and Partnerships
Key Ideas
  • Colombia aims to have 1-3GW of electrolysis capacity by 2030, with investments ranging from US$2.5 billion to US$5.5 billion, emphasizing the country's commitment to green hydrogen production.
  • The production cost target for green hydrogen in Colombia by 2030 is set at US$1.70/kg, with adjustments due to inflation, showing efforts to align with global cost trends and remain competitive.
  • Partnerships with countries like Germany, Denmark, the UK, and others, along with agreements to promote green hydrogen, indicate Colombia's dedication to international collaboration for clean energy development.
  • Key entities in Colombia, such as state-run company Ecopetrol and Universidad de Antioquia, are actively working on projects to produce green hydrogen from various renewable sources like hydropower, wind, solar, and biogas.
Colombia is positioning itself as a pioneer in green hydrogen production in Latin America, with President Gustavo Petro's administration focusing on reducing the country's reliance on fossil fuels and promoting investment in clean energy. The country's green hydrogen roadmap, revealed in 2021, outlines ambitious goals of achieving 1-3GW of electrolysis capacity by 2030, with investments estimated between US$2.5 billion and US$5.5 billion. Although challenges like inflation have affected cost projections, Colombia remains competitive with global trends. Noteworthy partnerships with Germany and other nations highlight international support for Colombia's green hydrogen initiatives. The partnership with Germany has led to the opening of the H2 Diplo Office in Bogotá, aimed at supporting green hydrogen investments. Additionally, agreements with various countries and a focus on offshore wind auctions demonstrate Colombia's strategic approach to clean energy development. State-run company Ecopetrol is at the forefront, targeting industrial-scale green hydrogen production by 2025 and planning to meet domestic demand while exporting to Europe and Asia. Colombia also explores white hydrogen potential through competitive auctions, seeking investors for areas rich in natural hydrogen. Pilot projects by Universidad de Antioquia and Ecopetrol further showcase the country's innovative efforts by harnessing hydropower, wind, solar, and biogas for green hydrogen production. These initiatives align with Colombia's vision to become a major player in sustainable energy and reduce carbon emissions.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.