popular articles

Argentina: a bill to encourage the production of green hydrogen

The Argentine government is promoting the production of green hydrogen and providing tax incentives and benefits to meet the growing global demand. Argentina aims to become a key player in the global energy transition.

Please share:

The Argentine government is taking steps to promote the production of green hydrogen and other forms of hydrogen as part of the global shift to clean energy. Energy Secretary Flavia Royón announced at the Global Green Hydrogen Forum that the government intends to submit legislation to provide incentives for hydrogen production to meet the expected growing global demand.

Hydrogen in Argentina: Innovative bill to boost production and exports

The proposed bill includes several provisions to encourage hydrogen production. It provides tax benefits, such as a 0.0% tax rate on revenues generated from green and pink (nuclear) hydrogen for the first ten years after the legislation is approved. For blue hydrogen (natural gas), the tax rate will start at 1.5% and gradually increase to 3% in year 11 and then to 4.5%.

In addition, the bill offers incentives such as access to foreign currency, currently restricted in Argentina. Hydrogen exporters will be allowed to use up to 50% of their export earnings to cover the international financing and capital costs of hydrogen projects.

The government plans to send the bill to Congress in the near future. European markets, including the European Union, have shown interest in purchasing hydrogen supplies from Argentina and other Latin American countries. According to Malcom Turnbull, president of the Swiss Green Hydrogen Organization, Latin America can play a crucial role in meeting the growing global demand for hydrogen. The region’s abundance of hydroelectric, wind and solar resources makes it a potential hub for green hydrogen production.

Turnbull predicts that global hydrogen demand will increase sevenfold by 2050, driven by the need to ensure energy security and decarbonize heavy transportation, shipping and steel production. The European Union, in particular, is counting on Latin American countries to supply green hydrogen and ammonia to meet its carbon neutrality goals.

Argentina ready to become a key player in green hydrogen production

Argentina has attracted the attention of companies looking for green hydrogen suppliers. Stefan Kaufmann, executive hydrogen advisor for German steel producer Thyssenkrupp, highlighted the urgent need for a hydrogen supplier by 2026. Thyssenkrupp aims to produce 2.5 million metric tons of green steel each year by that date, which requires an initial 150,000 metric tons of green hydrogen per year. By 2029, the demand for green hydrogen is expected to reach 300,000 metric tons per year.

Kaufmann noted that using green hydrogen would significantly reduce the company’s carbon dioxide emissions. It predicts a substantial increase in global green hydrogen demand from 2030 onwards, but has identified challenges such as limited production capacity and transportation infrastructure as potential barriers.

Several companies, including YPF, Argentina’s state-owned energy company and largest oil and natural gas producer, are exploring hydrogen projects in the country. YPF CEO Pablo Iuliano revealed plans to use oil export revenues to fund the company’s transition to long-term clean energy. This includes the development of an upgraded pipeline to Chile and the construction of pipelines and port facilities on the Atlantic coast to facilitate the loading of very large crude oil carriers.

The proposed bill and the government’s efforts to encourage green hydrogen production underscore Argentina’s commitment to embrace clean energy alternatives and position itself as a key player in the global transition to a sustainable future. The opportunities for increased investment, economic growth and international collaboration in the hydrogen sector present significant prospects for the Argentine energy industry and the economy as a whole.

Register free of charge for uninterrupted access.

Publicite

Recently published in

KHIMOD and Hydroalp join forces with SGI to install an e-methane production unit in Italy, using agricultural CO₂ and green hydrogen, with commissioning planned for Q1 2026.
Storengy and 45-8 ENERGY have secured two exclusive research permits to explore the natural hydrogen potential in southwestern France, reinforcing their role in a nascent sector.
Storengy and 45-8 ENERGY have secured two exclusive research permits to explore the natural hydrogen potential in southwestern France, reinforcing their role in a nascent sector.
The HESC hydrogen supply project is facing major hurdles, linked to its cost, complex logistics and regulatory tensions between Japan and Australia.
The HESC hydrogen supply project is facing major hurdles, linked to its cost, complex logistics and regulatory tensions between Japan and Australia.
Low-carbon iron producer GravitHy announces a €60mn fundraising round, backed by industrial and public investors, to advance its plant project in Fos-sur-Mer, scheduled to begin operations in 2029.
Low-carbon iron producer GravitHy announces a €60mn fundraising round, backed by industrial and public investors, to advance its plant project in Fos-sur-Mer, scheduled to begin operations in 2029.
Fluxys has launched construction of the first sections of its hydrogen transport network, an open-access infrastructure backed by the Belgian federal government under the European recovery plan.
Hydrogène de France (HDF Energy) reports a sharp increase in annual revenue to €11.1mn and initiates production of its fuel cells at its Blanquefort industrial site, supported by €172.7mn in public funding.
Hydrogène de France (HDF Energy) reports a sharp increase in annual revenue to €11.1mn and initiates production of its fuel cells at its Blanquefort industrial site, supported by €172.7mn in public funding.
GeoRedox Corporation partners with Sage Geosystems to develop a pilot project for stimulated geologic hydrogen, targeting low-cost, large-scale production with commissioning expected in 2026.
GeoRedox Corporation partners with Sage Geosystems to develop a pilot project for stimulated geologic hydrogen, targeting low-cost, large-scale production with commissioning expected in 2026.
Trafigura terminates its green hydrogen project in Port Pirie, South Australia, following a feasibility study, highlighting current industry challenges, including high costs and limited immediate commercial interest.
Trafigura terminates its green hydrogen project in Port Pirie, South Australia, following a feasibility study, highlighting current industry challenges, including high costs and limited immediate commercial interest.
Canadian firm Next Hydrogen and China’s Sungrow Hydrogen formalise a strategic industrial partnership to accelerate global electrolyser production, with large-scale deliveries expected to begin in 2026.
Metacon AB has signed a final agreement to supply an additional 20 MW capacity to Motor Oil, thereby completing a 50 MW hydrogen production project in Corinth.
Metacon AB has signed a final agreement to supply an additional 20 MW capacity to Motor Oil, thereby completing a 50 MW hydrogen production project in Corinth.
FlexFuel Hydrogen Development has formalised a strategic partnership with MCC Tiangong, backed by China International Development Corporation, to deploy over 60 hydrogen cleaning stations across several Chinese provinces.
FlexFuel Hydrogen Development has formalised a strategic partnership with MCC Tiangong, backed by China International Development Corporation, to deploy over 60 hydrogen cleaning stations across several Chinese provinces.
Verdagy has selected Black & Veatch to conduct the design study for its 60 MW clean hydrogen plant in Texas, a project that could generate over $150 million in investments and create local jobs.
Verdagy has selected Black & Veatch to conduct the design study for its 60 MW clean hydrogen plant in Texas, a project that could generate over $150 million in investments and create local jobs.
TotalEnergies has secured 200,000 tonnes of green hydrogen and plans to complete the supply of 500,000 tonnes needed for its European refineries by the end of 2026.
Sungrow Hydrogen has secured the largest share of the contract for China Coal Ordos Energy Chemical’s "Liquid Sunshine" demonstration project, aiming to produce 100,000 tons of green methanol annually by integrating renewable energy sources and energy storage systems.
Sungrow Hydrogen has secured the largest share of the contract for China Coal Ordos Energy Chemical’s "Liquid Sunshine" demonstration project, aiming to produce 100,000 tons of green methanol annually by integrating renewable energy sources and energy storage systems.
GASCADE Gastransport GmbH has begun hydrogen filling of the first section of its Flow programme, aiming to convert 400 km of existing pipelines by the end of 2025 to strengthen Germany's hydrogen transport network.
GASCADE Gastransport GmbH has begun hydrogen filling of the first section of its Flow programme, aiming to convert 400 km of existing pipelines by the end of 2025 to strengthen Germany's hydrogen transport network.
Samsung E&A invests $33.2 mn in Nel ASA, becoming its largest individual shareholder. The strategic agreement aims to develop hydrogen plants integrating Nel’s electrolysers.
Samsung E&A invests $33.2 mn in Nel ASA, becoming its largest individual shareholder. The strategic agreement aims to develop hydrogen plants integrating Nel’s electrolysers.
TotalEnergies and RWE have signed a 15-year agreement for the supply of 30,000 tonnes of green hydrogen per year to the Leuna refinery, marking the largest contract of its kind in Germany.
Latvenergo and H2Pro announce an agreement to concretely evaluate the operational and financial viability of decoupled electrolysis for industrial-scale hydrogen production, targeting Latvia's national energy infrastructure.
Latvenergo and H2Pro announce an agreement to concretely evaluate the operational and financial viability of decoupled electrolysis for industrial-scale hydrogen production, targeting Latvia's national energy infrastructure.
The Moroccan government has selected six green hydrogen projects, representing an investment of 319 billion dirhams ($32.5 billion). These initiatives involve international consortia and align with the country's strategy to develop this sector.
The Moroccan government has selected six green hydrogen projects, representing an investment of 319 billion dirhams ($32.5 billion). These initiatives involve international consortia and align with the country's strategy to develop this sector.
India will need to mobilize $4.3 billion to ensure the adoption of carbon capture, utilization, and storage (CCUS). This support is deemed essential to strengthen the viability of this technology in the energy and industrial sectors by 2050.
India will need to mobilize $4.3 billion to ensure the adoption of carbon capture, utilization, and storage (CCUS). This support is deemed essential to strengthen the viability of this technology in the energy and industrial sectors by 2050.
Manufacturer HRS has signed a contract to provide a hydrogen refuelling station with a capacity of 4 tonnes per day, designed for public transport. This project will mark a first in Europe for infrastructure of this scale.
The European Investment Bank (EIB) has confirmed its support for the Renewstable® Barbados project, aiming to transform the energy sector of Barbados through green hydrogen and achieve 100% renewable energy by 2030.
The European Investment Bank (EIB) has confirmed its support for the Renewstable® Barbados project, aiming to transform the energy sector of Barbados through green hydrogen and achieve 100% renewable energy by 2030.
The European Investment Bank (EIB) grants a €430 million loan to Galp to fund two strategic projects at the Sines refinery, aimed at supporting the decarbonisation of heavy transport and aviation.
The European Investment Bank (EIB) grants a €430 million loan to Galp to fund two strategic projects at the Sines refinery, aimed at supporting the decarbonisation of heavy transport and aviation.
FortisBC supports the development of the H2LAB hydrogen research laboratory at the University of British Columbia Okanagan (UBCO), aiming to integrate hydrogen into the gas supply to meet energy needs while reducing carbon emissions.
FortisBC supports the development of the H2LAB hydrogen research laboratory at the University of British Columbia Okanagan (UBCO), aiming to integrate hydrogen into the gas supply to meet energy needs while reducing carbon emissions.

Advertising