Energy Economy

09 Jun 2021

Trinidad and Tobago Laying the Foundation for a Hydrogen Economy

09 Jun 2021  by   

Hydrogen featured in Keith Rowley’s, Prime Minister of Trinidad and Tobago, speech on energy with the nation said to be exploring feasibility and regulatory aspects of a hydrogen economy.

Hydrogen has been identified as a forerunner in many transition strategies across the world and the Prime Minister is looking for the Caribbean islands to seek a potentially lucrative opportunity to invest in the fuel of tomorrow.

In preparation for this, Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) has established a Multidisciplinary Committee that is dedicated to developing a hydrogen economy framework for the nation.

With this, a preliminary report for consideration of the Minister will be presented in the near future.

The Prime Minister referenced the Point Lisas green hydrogen project with KGL subsidiary NewGen Energy Limited unveiling plans for a green hydrogen production facility in the Industrial Estate last year – which would be a first-of-its-kind for the islands.

By introducing a new source of green hydrogen to the petrochemical sector of Point Lisas at a competitive cost, the NewGen hydrogen project will play a key role in the drive towards decarbonising Trinidad and Tobago’s energy industry.

The hydrogen will be generated on an industrial scale from carbon-neutral and renewable sources of electricity using an electrolysis process.

In addition to this, the Prime Minister has also revealed that the MEEI and the Ministry of Planning and Development has provided support to the National Energy Corporation in securing funding from the Inter-American Development Bank (IDB) for feasibility studies relating to hydrogen.

This cooperation will help to facilitate feasibility studies in 2021 that contribute to understanding the economical parameters of producing green hydrogen locally.

The results from this will add to the work of National Energy and the MEEI to provide insight into hydrogen growth for the country.


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