LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

March 18, 2022

Will Costa Rica’s Green Hydrogen Plan Be a Success?

Kenneth Lobo (L), the director of planning and sustainability at Costa Rica’s Institute of Electricity, and Kadelco CEO Faye Duncan (R) on Feb. 23 signed an agreement for the production of green hydrogen. // Photo: Australia-Latin America Business Council.

Q

A

Cecilia Aguillón, director of the Energy Transition Initiative at the Institute of the Americas: “Recently, former Costa Rican President and current candidate José María Figueres tweeted his support for a national green hydrogen strategy. His tweet made clear that green hydrogen could be a decisive factor in support of Costa Rica’s plan to decarbonize its economy by 2050. Clearly, high volume production of green hydrogen used for export and domestic consumption could create economies of scale to help decarbonize the country’s heavy duty transport sector. It would also foster trade, which would be difficult if Costa Rica only produced green hydrogen for its domestic market. Green hydrogen production could also benefit the country’s economy through job creation and revenues for incentives to lower emissions in other sectors, such as agriculture and personal transportation—the latter by facilitating increased deployment of electric vehicles. In many ways, Costa Rica offers green hydrogen producers an ideal place to invest, given its relatively low-cost electricity, skilled work force and political stability. Government support of green hydrogen production is useful, but success hinges on…”

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A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Gene Kuleta
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P. 202.463.2920
E. gkuleta@thedialogue.org

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Nili Blanck
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board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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