Wednesday, September 27, 2023

Colombia and Korea are negotiating to allow the export of hydrogen

This week began #H2Meet2023 the largest hydrogen trade fair in the world, where Colombia is one of the invited countries for the first time.

A delegation of major Colombian hydrogen companies and the Andi-Naturgas Hydrogen Chamber are in South Korea looking for alliances to enable the export of hydrogen and derivatives and strengthen the innovation ecosystem.

“We, together with ProColombia, are leading dialogues between Colombian and Korean companies to identify opportunities for collaboration in the use of hydrogen and strengthening innovation capabilities. At this meeting we will present Colombia’s potential to produce hydrogen at a competitive cost,” commented Karen Peralta, Director of the Hydrogen Chamber.

As part of the visit, which also includes presentations from Ecopetrol, EPM, FEM Energía and AES Colombia, the Colombian delegation aims to engage with the leading hydrogen groups in South Korea through seminars and special meetings.

On September 14, Colombia will also become the first Latin American country to host an H2MEET Country Day, a seminar held by leading countries in the hydrogen industry to present the country’s plans and projects to the world.

According to ProColombia, the renewable energy sector is a national priority to promote development and investment in Colombia, as the country’s hydrogen policy will provide new business opportunities for Korean companies, given Colombia’s strategy to become one of the main hydrogen exporters in Latin America. in addition to achieving carbon neutrality by 2050.

It is recalled that Colombia has charted the path for the use of blue and green hydrogen over the next 30 years, with the advice and support of the consulting firm I-Deals and financing from the Inter-American Development Bank (IDB).

The aim is to give the country the opportunity to exploit its potential and become one of the main exporters of this energy in Latin America thanks to the characteristics of its winds, solar radiation, water resources and geographical location.

In addition, thanks to the renewable potential and the public policies it has developed, Colombia has the fourth most competitive price in the world for the production of green hydrogen.

Nation World News Desk
Nation World News Desk
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