Decarbonisation policy shift raises hope for Mexican green hydrogen

The Latin American country has the resource potential to compete internationally, but will the government open the door to investors?

Industrial demand for Mexican green hydrogen is poised for significant growth after newly elected president Claudia Sheinbaum announced the country’s first ever net-zero target. Speaking from COP29 in late November, Mexico’s president pledged to reach net-zero greenhouse gas emissions by mid-century. Mexico is one of several Latin American countries blessed with enormous green hydrogen potential. Baja California and Sonora in the north offer excellent resources close to the US market, while further south the Yucatan peninsula benefits from both strong wind and solar with easy access to export routes. “Oaxaca’s Isthmus of Tehuantepec is globally renowned for its wind energy, making it ideal f