Elemental energy

Colombia follows Chile's lead towards green hydrogen.

Chile’s green hydrogen plans are garnering interest among other Latin American countries with huge renewable energy potential. Colombia’s President Duque has already met with Chile’s President Piñera to discuss bilateral cooperation for emission-free fuel investments. We also understand that the Inter-American Development Bank (IDB) remains engaged following the Mission of Energy Transformation of Colombia in 2019.

Sounds great, but is this just greenwash or can the two countries lead Latin America to a green hydrogen future?

Colombia plans to publish a green hydrogen roadmap in the first quarter of the year and apparently has two or three large projects in mind to kickstart the initiative. The political focus at present is laying the groundwork to improve the investment environment for green hydrogen in addition to offshore wind energy and battery storage.

A senior executive in the electricity industry explains, “There is a draft bill that contemplates the regulation of green hydrogen so that it can become a fuel of renewable origin. This would enable producers to access tax incentives under Chapter 3 of Law 1715 of 2014. The bill proposes that the Ministry of Mines and Energy will develop the necessary regulations for the promotion of hydrogen generation and storage.”

“There is a draft bill that contemplates the regulation of green hydrogen so that it can become a fuel of renewable origin.”

Senior executive, electricity industry, Colombia

An expert consultant advising the Colombia government cautions that there is still a long way to go, “Regulation is the first essential step. Although Chile and Colombia are in talks, Colombia has to lay the foundations for any future collaboration first. This will take time as the initial stages are being managed by the IDB, but then the government will review the results, analyse them and any decision isn’t expected until the second half of 2021.”

“Regulation is the first essential step. Although Chile and Colombia are in talks, Colombia has to lay the foundations for any future collaboration first.”

Energy advisor to the Colombian government, Colombia

A former senior politician responsible for energy policy in Colombia also emphasizes the early stage of this initiative and the number of stakeholders still to be consulted prior to regulation, “The unions and the private sector are very interested in hydrogen in general, not just green hydrogen, they want to explore blue and brown hydrogen too. Technically, there are a series of workshops in the first half of the year with Norwegian and Chilean experts and the UPME (Mining and Energy Planning Unit, part of the Ministry of Mines and Energy) and Ministry of Sciences are evaluating the transition to a hydrogen economy. All of this will inform how hydrogen can be incorporated into the framework of Law 1715.”

Important Notice
While the information in this article has been prepared in good faith, no representation, warranty, assurance or undertaking (express or implied) is or will be made, and no responsibility or liability is or will be accepted by Deheza Limited or by its officers, employees or agents in relation to the adequacy, accuracy, completeness or reasonableness of this article, or of any other information (whether written or oral), notice or document supplied or otherwise made available in connection with this article. All and any such responsibility and liability is expressly disclaimed.
This article has been delivered to interested parties for information only. Deheza Limited gives no undertaking to provide the recipient with access to any additional information or to update this article or any additional information, or to correct any inaccuracies in it which may become apparent.

Most recent in Energy

Power Play

Mexico’s renewable energy race in the presidential arena.

Methanol Marvel

Sinaloa's sustainable industrial revolution in Mexico.

Green horizons

Chile's ENAP and global partners forge the path to hydrogen future. 

Suriname’s oil dream

Total's investment sparks economic transformation.

The green Chile

Chile’s hot renewable energy aspirations...

IBAMA said no!

Brazil’s environment agency stops Petrobras from drilling in the Foz do Amazonas basin.

Batteries not included

With a new operating model, Bolivia dumps the Germans in favour of the Chinese to exploit its lithium reserves.

Petro against petroleum

Petro plans to accelerate Colombia’s energy transition with ban on new exploration contracts.

Renewable leadership

Latin America is aiming for 70% renewable energy but how is it progressing?

Water harvesting

Saint Kitts and Nevis look for rainwater harvesting sites to improve access to water.