By Mathew Carr

Aug. 13-16, 2021 (LONDON) — Latin America is seeking to stake its claim on future green hydrogen demand and it’s got plenty of ability to do so, according to the International Energy Agency.

It’s competing against the Middle East, North Africa, Asia, Australia, for instance.

While latin American hydrogen is dirty now, it will get cleaner. The next 10 years are crucial.

A spatial survey showed an area the size of France and the U.K. could produce low-carbon hydrogen for less than $1 per kg by 2050, according to this presentation from Aug. 12:

🔴 WATCH NOW | We’re live from the launch of our new report on Hydrogen in Latin America.

Join the report’s lead authors & other key energy figures as they discuss the findings👇 https://t.co/Y6otMsGJml

— International Energy Agency (@IEA) August 12, 2021

It’s probably coincidental (?), but the presentation took place as EU carbon allowances plunged.

Here is the slide on the spatial survey:

There are a variety of startling starting points and opportunities for hydrogen in Latin America. See this slide:

For a merit order estimate of hydrogen, see this Tweet:

So, my lovelies, I just dropped Version 4 of the Clean Hydrogen Ladder! For anyone new to all this, the ladder is my attempt to put use cases for clean hydrogen into some sort of merit order, because not all use cases are equally likely to succeed. 1/10 pic.twitter.com/I8HpqQjlKS

— Michael Liebreich (@MLiebreich) August 15, 2021

(Corrects dateline to Aug. 13. Adds merit order for hydrogen; changes “can” to “might” in headline)