Through the collaboration, the companies hope to increase the role of green hydrogen in decarbonising hard-to-abate sectors such as chemical production, fertilisers, steel manufacturer, shipping, and aviation.
In pursuit of establishing further large-scale green hydrogen and ammonia production sites in Latin America and Australia, FFI and EGP intend to establish a framework to identify and assess possible projects in the regions.
In 2020, EGP revealed plans for a ‘first-of-its-kind’ green hydrogen production plant in Chile, working in partnership with AME, ENAP, Siemens Energy, and Porsche.
Read more: Plans revealed for green hydrogen plant in Chile
Additionally, the partners hope to make green hydrogen cost-competitive with fossil fuel-based alternatives by the end of 2030.
“This exciting announcement comes at a critical moment in energy. As winter approaches, and energy costs continue to skyrocket, competitive green energy costs have never been more needed,” said, Mark Hutchinson, CEO of FFI. “Green hydrogen and green ammonia are part of the solution for not only energy security and lower energy costs, but also for fighting climate change.”
In March 2021, FFI announced it had inked a deal with Prumo Logistica to assess the opportunity to develop hydrogen-based green industrial projects in Rio de Janeiro, Brazil.
Read more: Fortescue eyes Brazilian green hydrogen opportunity
Salvatore Bernabei, CEO of Enel Green Power, commented, “We strongly believe that in the near future green hydrogen can play a strategic role in the decarbonisation of global energy systems, complementing direct electrification.
“This collaboration with a partner such as FFI fully fits within Enel’s hydrogen strategy to reduce the green hydrogen production cost, through the scale-up of technology and through innovative solutions.”
Policy Pillar: Crystal clear potential and policy in Colombia
It’s perhaps fitting that Colombia’s Hydrogen Roadmap was unveiled last October (2021) at an event in the seaport city of Barranquilla, at a quirky venue known as Caja de Cristal. Translated from Spanish to English, ‘Caja de Cristal’ means ‘glass box’ and that’s exactly what the building looks like. It’s an appropriate venue for the launch of the country’s hydrogen strategy, given its potential for renewables and green hydrogen is crystal clear to see and the roadmap is particularly transparent in its objectives.
As with so many countries in Latin America, Colombia’s opportunity in green hydrogen is both vast and obvious, and the country has unsurprisingly emerged as one of the world’s fastest-growing clean hydrogen markets. As H2 View has previously explored in its analysis of the budding hydrogen economies of South America, there exists an abundance of natural conditions for renewable energy generation (namely sun and wind) in Colombia, as well as port access to not one but two oceans, and the backdrop of a national energy plan launched in 2016 that focused on sustainability.
The Energy Plan 2050 of six years ago aimed to diversify the country’s energy resources and ensure a reliable energy supply by including wind power plants, solar PV and geothermal energy generation in the country’s electric mix, according to the IEA1. With the arrival of the country’s Hydrogen Roadmap, there is now further strategy, clarity and regulation with which to attract and incentivise investors…
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