By : Franyi Sarmiento, Ph.D., Inspenet, July 26, 2022
Argentina seeks to “strengthen the infrastructure” of the national hydrogen industry to take advantage of the “potential” that the country has to produce and export this fuel, for which it seeks European financing.
“From the point of view of financing, it is very pertinent to find resources that allow developing the necessary infrastructure to reach that potential,” explained the National Director of Projects with Bilateral External Financing of the Secretariat of Strategic Affairs of Argentina, Matías Mana, in a interview with EFE in Madrid.
Mana traveled this week to Luxembourg, Germany, France and Spain to obtain European financing. Despite the fact that the objective of the Argentine Government is to produce green hydrogen, the director acknowledged that “particularly working” with blue hydrogen will be considered.
The difference lies in the origin of their production: in the case of green, they are renewable energies such as wind or solar, and in the case of blue, natural gas.
After a meeting with the European Investment Bank and the French Development Agency, an investment of 100 million euros was agreed, by each of these entities, for an electricity transmission project. The objective is to “improve” the necessary infrastructure to “promote the development of renewable energy generation projects.”
This material from the Climatica portal was edited for clarity, style and length.
Photo : Image by akitada31 from Pixabay
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