Decarbonization

Ecopetrol Commits USD 50 Million in Projects to Decarbonize its Activity

January 14, 2022

The Colombian gas company Ecopetrol released its investment plan for 2022. The company expects to invest more than USD 50 million in projects to decarbonize its activity, USD 200 million in water management projects, and USD 6 million in developing green and blue hydrogen pilots and projects to be applied at the refineries. Source: PR […]

Chile’s green lessons for emerging markets

July 5, 2021

According to the Editorial Board at the Financial Times, the dash for hydrogen shows that fossil fuels are not the only route to prosperity. They write, “there is, however, a notable exception to this climate-blind rush in Latin America towards hydrocarbons. Chile has put together one of the world’s most ambitious plans for renewable energy, […]

Colombia to launch road map to develop hydrogen as fuel

July 2, 2021

Colombia will launch plans in September to develop the production and use of hydrogen as a long-term clean energy source, the Minister of Mines and Energy said on Tuesday, while voicing hope this year’s oil and gas auction will be successful.   Source

A new energy sector emerges in the LAC region

July 2, 2021

A growing number of countries in Latin America and the Caribbean are gearing up to produce clean hydrogen, driven by their abundant renewable energy resources, the need to decarbonize their economies, and the huge potential for hydrogen exports. Just how far along is the region’s nascent hydrogen sector? A new Hydrogen Economy Index found a […]

Chile’s coal phase-out: opportunities for a just transition

June 28, 2021

As countries around the globe make the much-needed transition to zero carbon energy, the livelihoods of millions of coal and oil workers hang in the balance. Discussions surrounding the need for a “just transition”—a framework to protect workers’ rights in the shift to a more resilient, low-carbon economy—have begun in some parts of the world […]

First Energy Earthshot aims to slash the cost of clean hydrogen by 80% to $1 per kilogram in a decade

June 8, 2021

U.S. Secretary of Energy Jennifer M. Granholm today launched the U.S. Department of Energy’s (DOE) Energy Earthshots Initiative, to accelerate breakthroughs of more abundant, affordable, and reliable clean energy solutions within the decade. The first Energy Earthshot—Hydrogen Shot—seeks to reduce the cost of clean hydrogen by 80% to $1 per kilogram in one decade. Achieving […]

President Biden President’s DOE budget emphasizes investment in new technologies and hydrogen

June 2, 2021

The Biden-Harris Administration Department of Energy’s (DOE) Budget makes historic investments that will help lay the foundation to build a clean energy economy and ensure the U.S. reaches net-zero carbon emissions by 2050. As part of it, the administration earmarked funding for research that advances carbon-neutral fuels such as hydrogen, new grid modernization technologies, and […]

Energy transition discussions evolve in Central America and the Caribbean around hydrogen

May 25, 2021

Representatives from the LAC region gathered in California to discuss the challenges surrounding energy evolution, such as the need for battery storage and the hype for hydrogen from gas or renewables. Salvador Handal, executive secretary of the state-owned but autonomous National Energy Commission of El Salvador reiterated there’s a growing role for hydrogen across the region saying […]