Wednesday, November 30, 2022

T&T’s National Gas Company working to create hydrogen economy

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Given the leading role hydrogen is poised to play in the energy transition, Trinidad and Tobago’s state-owned National Gas Company (NGC) and its wholly-owned subsidiary, National Energy, in collaboration with the independent consulting firm, Kenesjay Green Limited (Kenesjay), are actively working on the creation of a sustainable hydrogen economy for the energy sector of the Caribbean Community (CARICOM) State.

According to the T&T Government, NGC has also been instrumental in the formation of a new green agenda Sub-Committee of the Point Lisas Energy Association (PLEA). OilNOW understands that the Sub-Committee will lead PLEA sustainability and green agenda actions, and coordinate synergies among member companies.

Prime Minister of Trinidad and Tobago, Dr. Keith Rowley has said it is this spirit of cooperation, together with innovation that will enable the Point Lisas Industrial Estate to maintain its relevance and status as a World Class Industrial Centre. He made this comment during the Trinidad and Tobago Energy Conference.

T&T looking to play leading role in regional clean energy transition – Rowley | OilNOW

The PM said, “In Trinidad and Tobago, hydrogen is an important input in petrochemical production, and it is currently derived from natural gas. Hydrogen produced from natural gas has a competitive advantage over other sources, with the exception of coal, which is a major emitter of greenhouse gases. Our hydrogen policy envisages the movement to hydrogen from renewable sources not only as a decarbonisation tool, but also as feedstock for industry and a form of alternative energy, once the economics pan out.”

In September 2021, National Energy and the Inter-American Development Bank (IDB) in association with the Ministry of Energy and Energy Industries, commenced a feasibility study on the “Establishment of a Green Hydrogen Market in Trinidad and Tobago”.

The report, which is currently being finalised, will provide a road map for the decarbonisation of the energy-based industries in Trinidad and Tobago. It will also speak to the economics of a hydrogen economy and how this can be achieved.

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