Saturday, December 2 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Nov 27
Week of Nov 20
Week of Nov 13
Week of Nov 06
Week of Oct 30
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    YPF and YPF Luz seal agreement to explore green hydrogen production

    September 29, 2023 - CE Noticias Financieras


      YPF and YPF Luz sealed a memorandum of understanding with the Korean company Posco to explore the development of renewable energies and investments in the country, which would include a green hydrogen production plant with export possibilities. The Argentine companies, together with Y-Tec, participated in the H2 Meet 2023, one of the most important hydrogen conferences at global level that gathered in Seoul the leading companies of the Korean market and foreign referents in hydrogen with the aim of leading technological innovation and exchanging new visions, policies and business.

      In this context, YPF and YPF Luz signed a memorandum of understanding with Posco, one of the main Korean steel producers worldwide, which in Argentina carries out the integral lithium project Sal de Oro, located in the Salar del Hombre Muerto, on the border between Salta and Catamarca.

      The meeting held in the capital of South Korea was attended by Santiago Sacerdote, Executive Manager of New Energies of YPF; Carlos Mafia del Castillo, Innovation Manager of YPF Luz, and authorities from Posco. Also invited to the ceremony were the Argentinean ambassador in Korea, members of the Foreign Ministry and Matías Cutueño, leader of Y-TEC's H2ar consortium.

      The agreement is framed as a "green hydrogen business cooperation" pact, which includes the opportunity to explore the development of renewable energies and investments in the country with the possibility of boosting exports.

      YPF also communicated that the understanding represents the beginning of a "joint cooperation to evaluate plans and exchange experiences and knowledge" regarding innovation for the generation of hydrogen and green ammonia, as well as for operational excellence and the reduction of environmental impact.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.