The hydrogen industry will create 350,000 jobs across the region; it will require over 400 GW of power generation capacity, around USD 300 billion in investments, and more than USD 13 billion in exports.
The Latin American Energy Organization (OLADE) presents a new Technical Note that outlines the outlook for low-emission hydrogen in the region.
Several countries in Latin America and the Caribbean (LAC) have developed their low-emission hydrogen roadmaps and set short-, medium-, and long-term goals. This Technical Note highlights the key elements of these strategies, along with relevant figures from both national estimates and OLADE.
One key finding, for instance, is the projected job creation in this emerging industry. In the long term, the low-emission hydrogen sector could generate nearly 350,000 jobs throughout the region.
Based on project installation targets and regional production projections, by 2050, the installed electrolysis capacity could reach around 200 GW, while electricity generation capacity would exceed 400 GW. The Note analyzes the importance of this energy vector for the region and anticipates that hydrogen exports will surpass 11 million tons, representing revenues of over USD 13 billion.
To achieve this, several conditions must be met — most notably, the necessary investments to develop the industry. This includes infrastructure for electrolysis and power generation. Cumulative investments in the region are expected to range between USD 200 billion and 300 billion by 2050.
You can read the full document at the following link:
https://www.olade.org/publicaciones/nota-tecnica-n-9-perspectivas-del-hidrogeno-bajo-en-emisiones-en-america-latina-y-el-caribe/
