Uruguay's Pioneering Move: Offshore Green Hydrogen Wind Farms Await Tender Decree
Key Ideas
- Ancap is awaiting a decree from the Executive Branch to tender four offshore blocks for green hydrogen production through wind farms at sea for export.
- Uruguay's initiative is the first open round globally for green hydrogen production offshore, attracting interest from international energy companies like Shell.
- The bidding format will be similar to hydrocarbon exploration, with bidding rounds, compliance demands, and evaluation stages for potential project development.
- The defined offshore areas in Uruguay have a significant energy production potential of 3 GW and a hydrogen production capacity of 200,000 tons per year.
Ancap, the Uruguayan state oil company, is ready to launch an international call for Offshore H2U Round to allocate four offshore areas for the installation of wind farms focused on green hydrogen production. The company is waiting for a decree from the Executive Branch to proceed with this pioneering step, which will be the world's first open round for offshore green hydrogen production. The bidding format will include compliance demands and evaluation stages for potential project development, with a focus on environmental regulations and sustainability. The defined offshore areas have a substantial energy production potential of 3 GW and a hydrogen production capacity of 200,000 tons per year. Uruguay's initiative has attracted interest from international energy companies like Shell, who have already expressed interest in participating in the round. Business consortia will also be able to participate, with winners decided based on economic parameters and commitments to acquire new data. The project aims to minimize interference with human activities and prioritize conservation, making it an environmentally conscious initiative.
Topics
Installation
Renewable Energy
Investment
Offshore Wind
Energy Sector
Environmental Regulations
International Events
Business Consortia
State Oil Company
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