Nine companies joined the hydrogen exploitation project, including Ingener SA, Khairos and Hydrogenium Uy.
Green hydrogen for Uruguay means a great billing opportunity, so much so that by 2040 a billing of $2.1 billion dollars in exports, although it would require an investment of $6,000 million dollars; For this project, 9 companies joined with the aim of exploiting this fuel.
The strategy of the energy transition is being led by Ministry of Industry, Energy and Mining (MIEM), together with other government areas that contribute in an integrated manner such as the Ministry of Environment. Green hydrogen is a fundamental part of the transition since it offers great investment opportunities, which are around $6 billion dollars. For this, the Uruguay XXI institute is searching for the arrival of new investors. The companies that intend to invest in Uruguayan green hydrogen are Spanish, German and Nordic.
The investment in green hydrogen would represent a development of new skills and trades in the sector, which would give Uruguay greater generation of jobs, skills and new professions. Also, it would mean a development in adjacent sectors such as routes, trains and ports that would give more jobs as a result.
According to the specialized media suppliersthere are already nine companies that were selected to exploit green hydrogen in Uruguay: Ingener SA with its project “H2U-Transporte Verde”, Khairos that presented “Production of Green H2 for Forest Transport”, and the companies Hydrogenium_Uy, CIEMSA, Linde, MontevideoGas, H2U-Transporte Verde and Compañía Sudamericana de Empresas Eléctricas, Mecánicas y de Obras Públicas SA
The domestic market as a whole and the exports of green hydrogen and its derivatives would represent for Uruguay an opportunity for annual turnover of 300 million dollars per year by 2030 and by 2040, a turnover of $2.1 billion. This also implies that this industry accounts for 2% of projected GDP and generates more than 34,000 direct employees by 2040.
government priority
In his appearance in Parliament earlier this month, the president Luis Lacalle Pou, He stressed that the energy transition is one of the main projects since the beginning of his mandate three years ago. “The country plans to export some 2.1 billion dollars of green hydrogen by 2040,” established Lacalle Pou, who called it the “second energy transition” with the aim of eliminating the production of fossil fuels.
Source: Ambito
