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HIF Global for an E-Fuels project in Uruguay

Context

With the support of Hinicio, ANCAP, the Uruguayan state-run oil company, and ALUR, ANCAP’s subsidiary company, have selected HIF Global for an e-fuels project in the Paysandú area.

Proyect Overview

Description

Hinicio supported ANCAP’s technical evaluation team throughout the selection process, which included developing the Terms of Reference (ToR) for expressions of interest, creating proposal evaluation criteria, and reviewing submissions. Three projects were shortlisted, and a winner was subsequently selected.

Hinicio added value

  • In-depth knowledge of hydrogen technologies, supply chain, and stakeholders.
  • Advanced modeling tools, methods, and skills.
  • Experience in the development and evaluation of pre-feasibility and feasibility projects.
  • Service: Project Development Assistance
  • Region: Latin America
  • Country: Uruguay

Economic, social and environmental impact

The project aims to produce 180,000 tons of e-gasoline per year using 710,000 tons of CO2 captured from biomass combustion and cereal alcohol distillation, as well as 100,000 tons of green hydrogen. It is expected to employ nearly 1,600 full-time workers during the 30-month construction phase and 300 full-time staff permanently for operation. Additionally, an investment of USD 1.2 million is committed to research, development, and innovation initiatives.

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