• 2 minutes California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 6 minutes China and India are both needing more coal and prices are now extremely high. They need maximum fossil fuel.
  • 11 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 44 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 9 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 27 mins "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 3 hours Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
  • 1 day Did China cherry-pick the factors that affected the economic slow-down?
  • 11 hours Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 3 hours "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 6 hours Are you aware of Oil Price short videos on our energy topics?
  • 14 hours NordStream2
  • 4 days U.S. : Employers Can Buy Retirement Security for $2.64 an Hour
  • 410 days Class Act: Bet You've Never Seen A President Do This.
  • 4 days Forecasts for Natural Gas
  • 4 days Australia sues Neoen for lack of power from its Tesla battery
  • 4 days Nord Stream - US/German consultations
The Most Exciting Medical Breakthrough Of The Decade?

The Most Exciting Medical Breakthrough Of The Decade?

Artificial intelligence is coming for…

Latin America Energy Advisor

Latin America Energy Advisor

The Inter-American Dialogue engages our network of global leaders to foster democratic governance, prosperity, and social equity in Latin America and the Caribbean. Together, we work…

More Info

Study: Mexico Has 22 Terawatts Of Green Hydrogen Potential

Mexico has the potential to install 22 terawatts (TW) of green hydrogen infrastructure, with key areas for development being public transport, power generation and the petrochemical industry, according to a study published last week, Argus Media reported.

The study, com­missioned by the Mexico-Germany Alliance and which German foreign development agency GiZ financed, sought to lay out a blueprint for green hydrogen development across Mexico.

Among the key areas for opportunity, it lists public transport, long-distance cargo vehicles, heavy industry, state oil firm Pemex’s refining and pet­rochemical businesses, and power generation and electricity storage. According to the study, green hydrogen use in Pemex’s downstream business, including refining and ammonia pro­duction, could be worth about $1.3 billion per year by 2030.

Green hydrogen could also power about 1.5 gigawatts of electricity generation capacity by 2050, the study said. However, President Andrés Manuel López Obrador has not made the development of renewables a focus of his administration.

Instead, the president has made strengthening energy self-sufficiency a priority. He has introduced legislation that seeks to bolster the state’s role in the fuels market, a move that followed a law that favors CFE over private power generators even though the latter can provide cheaper and cleaner electricity. “The government fully intends to favor energy security over emissions reduction, and that entails using the resources more readily available to [state oil enterprises]: coal and fuel oil.

Companies will be prevent­ed, either through direct barring or market tampering, from accessing and investing in clean energies,” Christian Wagner, Americas analyst at Verisk Maplecroft, told the Energy Advisor in a Q&A published April 16. “This will delay Mexico’s energy transition and hinder its compliance with international climate change commitments,” Wagner added.

By Latin America Energy Advisor

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News