Latin America, with its vast potential in renewable resources (solar, wind and hydro power) can unlock clean hydrogen production at competitive cost, positioning it to become a major clean hydrogen exporting region, and hence, a central player in the global clean hydrogen economy. This report has presented three distinct clean hydrogen pathways that countries in the region are likely to follow, each with its own specific objectives, challenges and enabling measures.
Some countries will focus initially on exporting most of their production (net exporters); some will look to prioritise the development of their domestic clean hydrogen demand to decarbonize their economies; and some will follow a targeted, sector-based approach, using clean hydrogen to complement existing solutions.
This report “Accelerating the Clean Hydrogen Economy in Latin America” by The World Economic Forum examines how Latin America can leverage its abundant solar, wind and hydroelectric resources to become a key player in the global clean hydrogen export market, while helping to address energy security concerns and drive economic growth across the region.
Access the complete report here
