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PeruH2 Perú, the Peruvian Hydrogen Association, created to promote the development of green hydrogen in the country as a key part of the decarbonization of the economy, presented to the Congress Authorities and the National Executive Power a proposal for a roadmap of the green hydrogen in Peru.

Through its proposals, H2 Peru seeks to support the Peruvian State in this green hydrogen race, which is to build the national strategy, develop the operational framework and encourage the development of pilots and projects, and promote the deployment of energy of the future in our country.

The energy and mines ministry (Minem) would be tasked with leading a multisector group in the drafting of a national green hydrogen strategy which would include a technical regulatory framework, incentive mechanisms, a financing structure for pilot projects and PPP guidelines, among other aspects.

An energy transition study prepared by Deloitte highlights that the country could become an exporter of green hydrogen within the decade.

Among the most ambitious goals, large scale projects are projected to be deployed by 2050, with more than 12 GW of installed electrolyzer capacity, which could reach production costs close to US $1 per kilogram of H2V.

In addition to the Cachimayo industrial plant in Peru, which has been operating since 1965 and has a capacity of 25MW – being, at the moment, one of the most important globally – there are other initiatives that have begun to operate more recently as part of this transformation process towards low carbon hydrogen. Cerro Pabellón and H2V Las Tórtolas in Chile (with capacities of 50kW and 2 kg of hydrogen per day respectively), which began operations in 2017 and 2021 respectively; Hychico in Argentine Patagonia (0.55 MW), which has been operating since 2009; and the Sustainable Transport Ecosystem in Costa Rica, which seeks to electrify transport through the use of hydrogen from renewable sources and has been operating since 2017.

News And Initiatives

Mmex Resources Corporation, an American company dedicated to the development of resources such as hydrocarbon exploitation through renewable energy projects, announced that it will carry out Peru’s first green hydrogen project. Located on the southern coast of the country, the first pilot is being prepared to produce up to 55 tons of hydrogen per day, requiring 160 MW of renewable capacity.