Approx USD50 million to be gained to the economy of Trinidad and Tobago from premium pricing schemes attributable to hydrogen and its derivatives produced from decarbonised petrochemical sources
Resolves imbalances between the power and the petrochemical sectors with a resulting reduced use of limited and precious natural gas resources
BENEFIT
Reduces Negative Environmental Impact
Reduced CO2 emissions estimated at 165,000 metric tonnes CO2 annually to further support T&T in achieving its Paris Agreement commitments
Efficiency and environmental gains by the production of an additional 100MW by capturing released waste heat, with no increase in gas consumption, sustaining low carbon production of petrochemical derivatives.
BENEFIT
Social Rewards
Significant creation of construction and operations -related jobs.
hydrogen creates opportunities to help strengthen national energy security
environmental and health benefits gains from hydrogen produced from low- or zero-emission energy sources
