Costa Rica SNAPSHOT BY COUNTRY

Following the United Nations Climate Change Conference (COP26), Costa Rica officially presented its National Hydrogen Strategy, which will cover industrial processes with the aim of integrating all initiatives from the private sector, academics and all the actors involved. The program will have significant financing from the Inter American Development Bank (IDB) and Japan.

This document states that the mission is to produce H2V competitively, promoting its value chain and renewable energy projects in the country, while contributing to the reduction of greenhouse gas emissions through the activation of hydrogen demand in the transportation and industrial sectors.

The Costa Rican government foresees that, by 2023, there will be 200 to 750 MW of electrolysis capacity installed and under development, and that the levelized cost of green hydrogen (LCOH) will reach US $2 per kilogram.

Costa Rica could produce nearly six million tons of green hydrogen annually, equivalent to 8.5% of global demand.

News And Initiatives

The National Green Hydrogen Strategy of Costa Rica aims to deploy this energy vector in Costa Rica contributing to the goal of zero net emissions in 2050 set out in the update of the Nationally Determined Contribution (NDC) of Costa Rica. Taking into account the potential of green hydrogen, the National Decarbonization Plan 2018 2050 also includes as one of its objectives the promotion and development of hydrogen in the country.