Members of Uruguay’s government have signed a memorandum of understanding (MoU) with the Port of Rotterdam, outlining their cooperation in the area of green hydrogen and hydrogen derivatives.
The government delegation, led by undersecretary of the ministry of industry, energy and mining Walter Verri and his counterpart at the ministry of transport and public works Juan Jose Olaizola, is on tour in the Netherlands aiming to strengthen ties in energy and green hydrogen domains, the ministry of industry, energy and mining said on Thursday.
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The MoU with Europe’s largest port is aimed at exploring new opportunities for cooperation of socially and economically viable projects related to green hydrogen and its derivatives. It offers a framework for exchanging knowledge and experience concerning green hydrogen in general and exports in particular, according to the ministry’s press release.
Uruguay is one of few Latin American countries to have a national hydrogen roadmap and will only look at green hydrogen, disregarding all other “colours”. The country has potential to produce enough renewable energy to make green hydrogen cheap and attractive for trans-Atlantic trade.
After a phased roll-out, Uruguay could have around 20 GW of renewables and 10 GW of capacity to produce hydrogen and its derivatives in the years after 2030, according to the national roadmap.