The 'low hanging fruit' for hydrogen in Latin America
Argentina, Brazil, Chile and Colombia are the South American nations most likely to capitalize on domestic clean hydrogen applications, a new study has found.
But the countries – which are also the region's four largest economies – face a difficult task to attract local demand for their hydrogen projects, according to the white paper published by the Oxford Institute for Energy Studies.
"With its abundant hydrocarbon deposits and impressive potential for the development of CCS [carbon capture and storage] and renewable energy, South America presents as a continent where clean hydrogen – green and blue – could soon turn into an important sector capable of not only addressing some of the crucial decarbonization challenges, but also simultaneously generating significant revenues for nation’s budgets," the study said.
See the study in the Documents box in the top-right corner.
It described oil refining and petrochemicals, the production of fertilizers, steelmaking, energy and power generation and land transport as "low-hanging fruits" for the application of clean hydrogen.
Brazil, for example, was considered by the UK-based think tank as having the highest potential for decarbonizing its steelmaking and fertilizer production. On the other hand, it said incentives for clean hydrogen adoption in the oil refining, power generation and land transport sectors were "pretty weak."
Argentina, meanwhile, had "comparable natural endowment and potential for the development of both green and blue H2," the report said, adding that the country had considerable potential for sustainable fuel production serving the aviation and maritime sectors.
Likewise, Colombia was seen as well-placed to ramp-up production of sustainable fuels while also utilizing hydrogen for long-distance and heavy-duty vehicles.
Chile was viewed as the only country focusing solely on green hydrogen development.
"This is partially why clean H2 is expected to play an important role there as a means of storing renewable power, which at the moment is massively underutilized," the report said.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Petrochemicals
The Latin American Energy Organization (OLADE) announces the creation of the Methane Emissions Observatory of Latin...
This consolidates the status of methane emissions inventories in the region and will work on measures to reduce these emissions.
The energy proposals of Mexico's main presidential contenders
Claudia Sheinbaum and Xóchitl Gálvez agree on the need to advance the energy transition, but differ on how to do so.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Petrochemicals
Get critical information about thousands of Petrochemicals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Expansion and upgrade of the aromatics train at La Cangrejera petrochemical complex
- Current stage:
- Updated:
2 years ago
- Project: Petrochemical plant of the Supremo Sueño de Bolívar industrial complex (CIESSB)
- Current stage:
- Updated:
3 years ago
- Project: Polimérica
- Current stage:
- Updated:
3 years ago
- Project: South Propylene (Propilsur)
- Current stage:
- Updated:
3 years ago
- Project: Trinidad methanol dimethyl-ether plant
- Current stage:
- Updated:
3 years ago
- Project: PET petrochemical plant
- Current stage:
- Updated:
4 years ago
- Project: Linear alkylbenzene (LAB) petrochemical plant
- Current stage:
- Updated:
4 years ago
- Project: Methanol petrochemical complex
- Current stage:
- Updated:
4 years ago
- Project: Gran Chaco ethylene and polyethylene plant
- Current stage:
- Updated:
4 years ago
- Project: Green Polypropylene Plant
- Current stage:
- Updated:
5 years ago
Other companies in: Petrochemicals
Get critical information about thousands of Petrochemicals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Industrias Kola Loka S.A de C.V.  (Industrias Kola Loka)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Brinsa S.A.  (Brinsa)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Oxbow Brasil
- Company: Oxbow Corporation  (Oxbow)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Oxbow Argentina
-
Oxbow Argentina is a subsidiary of Oxbow Corporation, a recycler of byproducts from the refinery and natural gas industries. The company operates a calcined petroleum coke facil...
- Company: Sociedad Punta de Lobos S.A.  (Sociedad Punta de Lobos)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Bunge Limited  (Bunge)
-
Bunge Limited is a global food processing corporation based in White Plains, New York. Through its subsidiaries, it conducts operations in over 40 countries, where it focuses on...
- Company: Petróleos Delta S.A.  (Petrodelta)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: C.I. de Azúcares y Mieles S.A.  (CIAMSA)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Decker Petroleum Marketing Co. LTD  (Decker Petroleum Trinidad and Tobago)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...