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policy-pillar-crystal-clear-potential-and-policy-in-colombia
policy-pillar-crystal-clear-potential-and-policy-in-colombia

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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