Leveraging its geography, the 100+ years of heritage in the oil and gas industry and a dynamic industrial ecosystem, Trinidad and Tobago can position as a key player in the evolving green energy landscape.
With the potential of 57 GW of renewable energy through offshore wind technology, equating to 25 GW of output feeding electrolysers to produce 4 Mtpa of green hydrogen produced by 2065, Trinidad and Tobago has all the key ingredients required to enable a green hydrogen economy.
Globally, IRENA predicts that 12% of the world’s final energy demand will be met by hydrogen by 2050, most of which will be green hydrogen and ¼ of this green hydrogen will be traded across borders. Of this, 45% will be shipped, mostly as ammonia.
Demand for green ammonia in 2050 will reach 690 Mtpa with 80% used as chemical feedstock and fuel for shipping and 20% as hydrogen / energy carrier.
Similarly, green methanol features prominently in global decarbonisation as the prime candidate for the shipping sector with an estimated annual production of 500 Mtpa by 2050
Join the stakeholders:Â Â Methanol, Ammonia and Hydrogen
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