Published August 2024 | Version v1
Miscellaneous

Towards a green H2 economy. Costa Rica Country Report

  • 1. German Institute of Development and Sustainability (IDOS), Bonn (Germany)
  • 2. Fraunhofer Institute for Systems and Innovation Research ISI, Karlsruhe (Germany)
  • 3. and others

Description

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.

Availability note (English)

Available from: https://hypat.de/hypat-wAssets/docs/new/publikationen/hypat-wp_02-2024-costa-rica-country-report_03.07.2024.pdf

Additional details

Publishing Information

Imprint Pagination
52 p.
Journal Title
HYPAT Working Paper
Journal Volume
02/2024
Series
HYPAT Working Paper

INIS

Country of Publication
Germany
Country of Input or Organization
Germany
Subject category
S08: HYDROGEN; S29: ENERGY PLANNING, POLICY AND ECONOMY;
Resource subtype / Literary indicator
Non-conventional Literature
Descriptors DEI
COSTA RICA; ENERGY POLICY; FEDERAL REPUBLIC OF GERMANY; HYDROGEN-BASED ECONOMY; INTERNATIONAL COOPERATION; INVESTMENT
Descriptors DEC
CENTRAL AMERICA; COOPERATION; DEVELOPED COUNTRIES; DEVELOPING COUNTRIES; EUROPE; GOVERNMENT POLICIES; LATIN AMERICA; WESTERN EUROPE