H2LAC
Hydrogen Index for Latin
America & the Caribbean
Drawing on extensive polling and research by Hinicio and New Energy, the H2LAC Index serves as a comprehensive tool for tracking the progress of the renewable and low-emission hydrogen economy across Latin America and the Caribbean.
Objectives of the H2LAC Index:
Establish a set of clear, consistent, and quantifiable metrics to evaluate the evolving hydrogen market in Latin America and the Caribbean
Identify and annually rank countries within the region based on their advancement in hydrogen development. This ranking considers each country’s growth potential, challenges, and opportunities
Provide valuable data to drive constructive dialogue on hydrogen at both national and regional levels. This information aims to stimulate action from public and private entities to accelerate hydrogen adoption
Identify and recommend best practices for hydrogen development throughout Latin America and the Caribbean
1
Establish a set of clear, consistent, and quantifiable metrics to evaluate the evolving hydrogen market in Latin America and the Caribbean
2
Identify and annually rank countries within the region based on their advancement in hydrogen development. This ranking considers each country’s growth potential, challenges, and opportunities
3
Provide valuable data to drive constructive dialogue on hydrogen at both national and regional levels. This information aims to stimulate action from public and private entities to accelerate hydrogen adoption
4
Identify and recommend best practices for hydrogen development throughout Latin America and the Caribbean
Ranking 2024
- National policies, incentives, and regulations
- Development of the H2 ecosystem at the national level
- Projects in operation or under development
- Sectors and application of H2 at the national leve
- International cooperation and H2 export planning
Objectives of the H2LAC Index:
National policies, incentives,
and regulations
Examines national hydrogen frameworks, incentives, and integration into development plans.
Development of the H2 ecosystem
at the national level
Assesses hydrogen production methods, potential, R&D funding, industry associations, and relevant events.
Projects in operation or
under development
Evaluates the number of operational and developing renewable hydrogen projects.
Sectors and application of H2 at
the national level
Analyzes domestic demand for renewable/low-carbon hydrogen across transport, energy storage, industry, and export generation.
International cooperation and
H2 export planning
Considers a country’s hydrogen trade agreements and aspirations as a regional/global export hub.
