16 GW of wind capacity key to hydrogen market project
Plans to use wind turbines to generate hydrogen gas are reportedly to be studied by Argentinian energy group Capex over the coming months. Pre-feasibility studies are to be carried out on a project to develop 16,000 MW of wind capacity that will be used to produce 13.3 million cubic meters a year of hydrogen. If developed, the $19 billion project is likely to be located around Pico Truncado in the northeast of Santa Cruz province.
A regional market for the fuel is envisaged, though the project also has the potential to generate tens of millions of carbon credits annually too, but with its $19 billion estimated development cost covering turbines, hydrogen production infrastructure and delivery, Capex would almost certainly form an alliance with other companies should the project proceed to further studies.