Columbia Electrolyzer Market Overview, 2030

Colombia’s electrolyzer market is gaining steady traction, shaped by the country’s official National Hydrogen Strategy introduced in 2021 and reinforced through Law 2099, which formally classifies green hydrogen as a renewable energy source, opening the door to fiscal incentives, VAT and tariff exemptions, and enhanced regulatory clarity. The roadmap plans to establish between 1 and 3 gigawatts of electrolyzer capacity by 2030, backed by investments ranging from USD 2.5 to USD 5.5 billion. Colombia’s strong renewables portfolio including hydro, solar, wind, offshore, geothermal, and biomass provides a cost-competitive foundation for low-carbon hydrogen production. Ecopetrol launched a 50 kW PEM electrolyzer at its Cartagena refinery powered by 270 solar panels, yielding ultra-pure hydrogen for fuel upgrading and mobility pilots, while Promigas is testing a 137 kW PEM electrolyzer for blending hydrogen into natural gas pipelines to reduce emissions. Certifications and institutional backing continue to mature via the FENOGE +H2 Colombia initiative, designed to support pilot projects, funding mechanisms, and early-stage commercialization across the hydrogen value chain. Energy-efficient innovations are being tested, including modular electrolyzer systems tailored to variable renewable supply and designed for high-pressure output to reduce downstream compression costs. Partnerships for standard-setting are also forming, as Colombia joins international efforts to align hydrogen quality, safety protocols, and grid interface standards. Located along both Atlantic and Pacific seaports, the country’s strategic geography positions it well for future export corridors.

According to the research report ""Colombia Electrolyzer Market Overview, 2030,"" published by Bonafide Research, the Colombia Electrolyzer market was valued at more than USD 10 Million in 2024. Colombia’s electrolyzer market is propelled by its exceptional renewable potential, strategic export reach, and commitment to decarbonization. The country’s hydrogen strategy projects investments up to USD 5.5 billion, creating between 7,000 and 15,000 jobs and aiming to reduce 2.5 to 3 million tonnes of CO₂ emissions during the current decade. Vital early initiatives include Ecopetrol’s green hydrogen plant at Cartagena Refinery, soon scaled to produce 800 tonnes per year, making it the largest facility of its kind in Latin America, demonstrating both operational viability and export-readiness. Meanwhile, the blend pilot at Promigas’ facility showcases the potential for hydrogen integration into existing gas networks. Colombia’s topography and infrastructure advantages from ports in Cartagena to high-renewables in La Guajira make it well-suited to support electrolyzer deployment within a PtX hub model. Active public-private collaboration, through institutions like the Colombian Hydrogen Association and ANDI’s Hydrogen Chamber, fosters co-investment and R&D across universities and industry. However, economic and structural hurdles remain clean hydrogen still commands a significant premium over gray hydrogen, and securing offtake agreements remains a barrier. Funding support through FENOGE’s +H2 initiative and a planned World Bank USD 1 billion loan for energy transition projects are mitigating these challenges, enabling feasibility studies, pilot demonstration, and market maturity.

In Colombia, the Alkaline Electrolyzer technology has been the most widely adopted solution for hydrogen production, thanks to its proven reliability, low operating costs, and large-scale application. Operating on the principle of separating water into hydrogen and oxygen through an alkaline solution usually potassium hydroxide, this technology has been ideal for Colombia’s energy landscape, where there is significant potential for integrating renewable energy sources like hydroelectric, solar, and wind. Alkaline electrolyzers are relatively cost-effective, making them attractive for commercial hydrogen production in industries like chemicals, refining, and fertilizers. However, their relatively slow response times and bulkier designs make them less ideal for systems requiring rapid adjustments to fluctuating power input. In contrast, Proton Exchange Membrane (PEM) Electrolyzers are beginning to play an important role in Colombia’s market. This technology offers a more flexible and rapid response to changing renewable energy supply, making it a strong candidate for integrating with intermittent sources like wind and solar. PEM electrolyzers use a solid polymer membrane to transport protons, producing high-purity hydrogen. This technology’s ability to adapt quickly to renewable energy fluctuations is critical for Colombia, as it seeks to bolster its green hydrogen capabilities. However, PEM systems are expensive due to the need for costly catalysts, such as platinum, and their operational lifespan is relatively shorter compared to alkaline systems. Solid Oxide Electrolyzers (SOECs), though still emerging in Colombia’s hydrogen market, are attracting attention due to their ability to operate at high temperatures and integrate efficiently with industrial processes. However, SOECs are still in the pre-commercial stage, with ongoing challenges around material durability and integration with existing infrastructure. Anion Exchange Membrane (AEM) Electrolyzers are gaining interest in Colombia’s nascent hydrogen market due to their combination of low-cost and flexible applications, but they still face technical hurdles related to durability and long-term stability.

In Colombia, electrolyzers are finding diverse applications across several industries. Power Plants represent a growing sector where electrolyzers can help balance the grid by using surplus renewable energy to produce hydrogen, which can later be converted back to electricity when the demand peaks or when there is a lack of renewable energy input. This Power-to-Gas (PtG) application is crucial in Colombia's efforts to stabilize its renewable energy integration, especially as the country continues to increase its share of solar and wind energy. The Energy Storage or Fueling for Fuel Cell Electric Vehicles (FCEVs) application is also growing rapidly in Colombia as part of the country’s push toward decarbonization. Hydrogen is seen as an ideal energy source for powering electric vehicles, and electrolyzers are increasingly being used to produce green hydrogen for this purpose. Colombia is also developing hydrogen fueling infrastructure to support these initiatives, especially in urban areas and along transport corridors. The Industrial Gases sector remains a key area where electrolyzers are deployed for producing high-purity hydrogen, primarily used in chemical manufacturing, oil refining, and ammonia production. As Colombia’s chemical and petrochemical industries expand, electrolyzers are increasingly vital in providing hydrogen as a clean feedstock. In the Steel Plants sector, electrolyzers are emerging as a potential solution for decarbonizing iron and steel production, particularly through the Direct Reduced Iron (DRI) process, which uses hydrogen instead of carbon-based fuels. The Electronics & Photovoltaics industry also benefits from high-purity hydrogen, which is essential in the production of semiconductors, solar cells, and other critical components. Other Applications in Colombia include emerging sectors such as aviation with the development of Sustainable Aviation Fuel, or SAF and ammonia/methanol production.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Electrolyzer Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Technology
• Alkaline Electrolyzer
• Proton Exchange Membrane (PEM)
• Solid Oxide Electrolyzer (SOE)
• Anion Exchange Membrane (AEM)

By Application
• Power Plants
• Energy Storage or Fueling for FCEV's
• Industrial Gases
• Power to Gas
• Steel Plant
• Electronics & Photovoltaics
• Others Show more