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2024
Report
Title
Towards a Green H2 Economy: Costa Rica Country Report
Abstract
The future of Costa Rica's green hydrogen (GH2) economy is uncertain despite significant natural and human-made advantages. The country has a history of pioneering environmental initiatives and nearly 100% renewable energy, positioning it well for GH2 development. Recent momentum includes a GH2 strategy approved by the Ministry of Environment and Energy (MINAE) and a presidential decree favoring hydrogen investments. However, the government’s reluctance to invest public funds and uncertainties at both national and international levels pose challenges. Private sector pioneers and international cooperation, particularly with Germany, are crucial in advancing the GH2 sector. Experts foresee a phased development, focusing initially on research and pilot projects, with significant scaling and exports of hydrogen derivatives expected post-2030. Continued support from Germany in pilot projects and capacity building is vital, and Costa Rica could become a regional knowledge hub for the hydrogen economy.
Author(s)
Person Involved
Rights
Under Copyright
Language
English