Green hydrogen production to drive Latin America and the Caribbean’s green energy agenda with effective policy intervention

GlobalData’s latest report, ‘Latin America and the Caribbean Hydrogen Market’, notes that an abundance of renewable and biomass resources in the LAC region could allow for low-cost green hydrogen production, with Chile expected to produce the world’s cheapest green hydrogen in its southern regions by 2030. The report highlights that the main barrier to the development of a low-carbon hydrogen supply chain in the LAC region would be establishing an effective policy environment.