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Renewable Energy Colombia Trade Opportunities

Colombia Hydrogen Roadmap

Clean energy investments in Colombia present business opportunities for U.S. companies.

A Hydrogen Roadmap published by the Colombian government will pave the next 30 years (until 2050) for the development, generation and use of hydrogen as a cleaner energy vector and promote Colombia’s transition to clean energy. 

The roadmap was prepared with the support of the consulting firm i-deals and was financed by the Inter-American Development Bank (IDB), which will also finance the development of the regulatory sandbox of this roadmap. The roadmap seeks to provide the tools for Colombia to take advantage of the wind and solar energy projects that it has been developing, thanks to a robust regulatory framework which includes important tax incentives. 

The addition of Law 2099 of 2021 (the Energy Transition Law), established the foundation for a reliable regulatory framework, promoting the deployment of this sustainable energy vector, which will be key to achieving the country’s emission reduction targets.

In its Energy Transition Law, the Colombian government has included low-carbon hydrogen, which includes both green and blue hydrogen as it is considered a key element in the decarbonization strategy.

During the roadmap launch event, the Minister of Energy, Diego Mesa stated that the current government’s goal is to execute at least one to three hydrogen pilot projects by 2022. Ecopetrol (the Colombian National Oil Company) will implement the first hydrogen pilot project in the country, generating 50 kW per year. 

The implementation of this roadmap and the deployment of pilot projects will create opportunities for U.S. suppliers of carbon capture, utilization, and storage (CCUS) technologies (to produce blue hydrogen), as well as hydrogen warehouses and transportation technologies, and hydrogen powered transportation vehicles. 

The U.S. Commercial Service in Colombia is closely following the status and progress of the wind and solar market and projects to assist U.S. companies with business-to-business matchmaking services in this sector. 

For further information, please contact Norcia.WardMarin@trade.gov.  

12/01/2021