Mexico is positioned as a leader in production of clean hydrogen, thanks to its geographic location, renewable resources and competitive advantages. The hydrogen industry is key to the country’s energy transition and decarbonization.
Mexico has a strategic geographic position, abundant resources and a consolidated manufacturing infrastructure. The Free Trade Agreement with the United States and Canada, and its membership in the sunbelt make it an attractive investment destination.
Although the industry faces challenges such as lack of infrastructure, the Mexican government and industry must work together to create a National Hydrogen Strategy, update technical standards and promote hydrogen projects.
There are currently 17 hydrogen projects in different stages of development that will have a significant impact on the energy transition, replacing fossil fuels and reducing carbon emissions.
International cooperation is essential for technology transfer and financial support as well as the creation of the Mexican Hydrogen Center by the Mexican Hydrogen Association, which will train professionals in the sector.
The industry requires tax incentives and subsidies to be internationally competitive. The creation of auctions for green hydrogen production and commercialization projects can boost the industry’s development.
The Mexican Hydrogen Association has positive expectations with the new administration and the growth of the industry, with estimated investments of 20 billion dollars.
Mexico is uniquely positioned to lead hydrogen production and drive the energy transition. Cooperation between government, industry and civil society is essential to overcome the challenges and seize the opportunities of this growing industry.
This article was developed by H2 Mexico and published as part of the fourth edition of Inspenet Brief magazine December 2024, dedicated to technical content in the energy and industrial sector.
