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LatAmOil NEWS IN BRIEF LatAmOil
ATOME Energy reports the potential provided by clean and renewable cost and with zero carbon footprint.
electricity for the development of the country.
Currently, Paraguay, whose economy is
on Paraguay National held working meetings with the investors of the imports more than 1.4mn tons of fertilisers per
The delegation headed by the head of ANDE highly dependent on the agricultural sector,
Electricity Administration’s ATOME Paraguay project, led by Peter Levine year worth more than $600mn. According to the
(President) and Olivier Mussat (CEO) of that engineers responsible for the project in question,
London visit company, who were accompanied by the Project the green product will supply a large part of the
country’s ammonia fertiliser market, thus cre-
Manager of Paraguay, Juan Pablo Nogués.
AIM-listed ATOME Energy, the only pure inter- The ATOME project in Paraguay advances ating a national product at a more competitive
national green hydrogen and ammonia produc- with the engineering design for the green ammo- price for the agricultural sector, thus promoting
tion company on the London Stock Exchange nia plant (derived from green hydrogen) in the greater agricultural productivity. Moreover, it
with current large scale projects in Europe and city of Villeta, where it will have the capacity to was indicated that Paraguay could become a net
South America as well as hydrogen mobility produce up to 100,000 tons of green ammonia exporter of fertilisers.
projects, notes the announcement by Paraguay’s per year, with a projected start by 2025. This The president of ANDE and delegation also
National Electricity Administration (ANDE) plant includes an investment of approximately visited the factory of Clean Power Hydrogen
concerning a top level visit to the UK that con- $200mn and the creation of approximately 4,000 (CPH2), a hydrogen technology company listed
cluded last week. jobs directly and indirectly. The ATOME pro- on the London Stock Exchange, located in the
The president of the National Electricity ject in Villeta for its first phase aims at about 120 city of Doncaster, accompanied by the Ambassa-
Administration, Félix Sosa, accompanied by the MW of power, for the production of hydrogen dor of Paraguay in the United Kingdom, Genaro
Director of Planning and Studies, Tito Ocariz, and green ammonia. Pappalardo. During the visit they observed the
and the Financial Manager, Sonia Rojas, par- In addition, representatives of the engineer- progress of the 1-MW electrolyser that the com-
ticipated in round tables with investors, bank- ing companies AECOM, URBAS Energy and pany ATOME is building for the project focused
ers, engineers and representatives of the British CASALE participated in the meetings. These on the decarbonisation of the transport sector
government, during a recent working visit to companies are assisting in the design of the in Paraguay.
London. processes and construction engineering of the The ATOME electrolyser is planned to arrive
The purpose of it was to deepen and promote ATOME industrial plant. The team of engi- in Paraguay by the beginning of the second half
the potential of green hydrogen in Paraguay, as neers gave the details of the potential of green of this year and will initially be producing 450 kg
well as its value chain. Félix Sosa presented the ammonia in Paraguay and mentioned that green of green hydrogen per day, to supply light vehi-
state of the Paraguayan electricity system, the ammonia can be used as a raw material for the cles powered 100% hydrogen and heavy-duty
level of investment that ANDE is developing and production of national green fertilisers at a lower trucks that will be powered by a mixture of green
hydrogen and diesel, thus reducing dependence
on imported fossil fuels and, therefore, improv-
ing air quality.
In working meetings, President Félix Sosa
explained to the bank Natixis about the robust-
ness of the Paraguayan electricity system, the
competitive rate offered by ANDE worldwide
and the amount of investments indicated in the
ANDE Master Plan 2021 - 2030 for Transmis-
sion and Distribution, and 2021-2040 for Gen-
eration Works.
The head of ANDE also indicated that financ-
ing for infrastructure works has been increased
from an average of $50mn during the first dec-
ade of the century to an average of $300mn dur-
ing the last three years, and for this year, the goal
is to exceed that amount. These investments will
be key to providing reliability and robustness to
the system and also to be able to take advantage
of 100% of ITAIPU’s energy that corresponds to
Paraguay.
Finally, the president of ANDE held an audi-
ence with Minister Andrew Bowie, from the
Department of International Trade of the Brit-
ish government. Both indicated their full inten-
tion to strengthen the exchange of knowledge
between countries to encourage investment in
the green hydrogen sector to meet joint goals of
the countries, such as the decarbonisation of the
energy sector and the use of national electricity
for its sustainable development.
ATOME Energy, 13 February 2023
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