The Hydrogen Council’s Board of Directors is represented at the highest level by CEOs from around the world, all of whom are committed to providing the leadership necessary to demonstrate a powerful vision and decisive action for a better hydrogen-powered energy future.

Commenting on Ecopetrol’s appointment to the Board of Directors, Felipe Bayón, CEO of Ecopetrol, said: “Joining the Board of Directors of the Hydrogen Council represents a milestone for Ecopetrol on the path of our Low Carbon Hydrogen Plan, as a key element of our Strategy 2040 ‘Energy that Transforms’, as well as contributing to the progress of the Hydrogen Roadmap in Colombia. As the only company from Latin America on the Board, it is an honor to represent the region and foster its energy transition. We firmly believe that cooperation is fundamental to making decisive progress in promoting research, projects, investments, and technologies towards a robust hydrogen economy.”

As of January 1, 2023, the Hydrogen Council Board is comprised of Air Liquide, Anglo American, Cummins, Ecopetrol, ENGIE, Faurecia, Hyundai Motor Group, Johnson Matthey, Kawasaki Heavy Industries, Linde, Sasol, Shell, Sinopec, TotalEnergies and Toyota.

The summary findings include:

• the opportunity for Trinidad and Tobago to expand and augment its portfolio of energy products with low-carbon products
• the need and basis for Trinidad and Tobago to invest in the upstream development of the hydrogen value chain, from electrolysis plants to wind turbines, as well as ensuring that the downstream infrastructure for green ammonia and methanol is expanded
• the identification of offshore wind technologies as the best renewable energy source available in Trinidad and Tobago in the production of green hydrogen. An initial estimate of the potential areas available for offshore development indicates that on average Trinidad and Tobago could access up to 57 gigawatts (GW) of offshore wind across fixed and floating technologies. Based on desktop modeling, this equates to 25 GW in average energy output. If all 25 GW of potential energy output from offshore wind was directed to electrolyzers, then would generate approximately 4 Mtpa of green hydrogen, which is more than double the current demand for grey hydrogen (1.7 Mtpa) in the country. This would provide Trinidad and Tobago with the opportunity to decarbonize the existing petrochemical industry and contribute significantly to further GDP growth through additional export potential.
• the framework for the development of demonstration projects along the entire value chain to test the end-use applications of green hydrogen in Trinidad and Tobago.

Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, The Honourable Stuart R. Young, MP, assured that the Government is committed to pursuing Trinidad and Tobago’s decarbonization efforts beyond the 2030 Paris Agreement targets. He added: “The Government recognizes the importance of creating the right enablers through regulations, policies, and incentives, that will support the development of this green hydrogen economy. As such, the MEEI is already working on a draft Hydrogen Policy that will support the findings of this Study.