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LatAm H2 - The Growing Importance of Low-Carbon Hydrogen in Latin America

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LatAm H2: The Growing Importance of Low-Carbon Hydrogen in Latin America | September 2022 6 HYDROGEN REGULATION IN LATIN AMERICA Governments in the region that have identified the importance of lower-carbon hydrogen have started to develop and implement hydrogen strategies. To date, the IEA has identified thirteen Latin American countries that have either published or are currently preparing national hydrogen strategies and roadmaps. 4 COUNTRY POLICY DEVELOPMENTS CURRENT SOURCES OF DEMAND OPPORTUNITIES FOR LOW-CARBON HYDROGEN Argentina National 2030 strategy framework for H 2 has been published Chemical Industry Refining • Potential to become a low-carbon hydrogen exporter • Decarbonizing chemical industry • Decarbonizing transport Bolivia National energy transition strategy for Bolivia (2021-2051) Limited use • Decarbonizing chemical industry • Decarbonizing transport Brazil Assessing the role of H 2 in their National Energy Plan 2050 Chemical Industry Refining • Potential to become a low-carbon hydrogen exporter • Decarbonizing chemical industry and refining Chile National strategy released in November 2020 CORFO recently awarded six green hydrogen production projects Chemical Industry Refining • Potential to become a low-carbon hydrogen and ammonia exporter • Decarbonizing mining industry, chemical industry and refining • Decarbonizing transport Colombia Recently launched an H 2 Roadmap Refining • Decarbonizing mining industry • Decarbonizing transport Costa Rica National Green Hydrogen Strategy Limited use • Decarbonizing industry • Decarbonizing transport • Developing industry to produce equipment/parts for hydrogen industry El Salvador National Development Plan: Program for the decarbonization of the Energy Sector by 2050 Limited use • Decarbonizing power sector Mexico National Development Plan 2019-2024 promotes use of H 2 The Energy Transition Law establishes that 35% of electricity generation in Mexico must come from clean energy by 2024 Refining • Decarbonizing refining industry and transport • Potential to become a low-carbon hydrogen exporter 4 Source: IEA, local governments.

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