Hydrogen Strategy | Argentina
By 2050, Argentina will produce at least 5 million tons of low-emission hydrogen per year domestically, 20% of which will be allocated to the local market, both for the decarbonisation of existing production (steel, petrochemical and refining industries) and for new value chains (mainly synthetic fuels).
The remaining 80%, that is, about 4 million tons per year, is destined for export markets. Projections envision a competitive cost of 1,4 USD/kg for green hydrogen to serve international markets for PtX products such as ammonia and methanol.
It will be necessary to install at least 30 GW of electrolysis capacity and 55 GW of renewable electricity generation capacity, which implies multiplying current renewable generation by 11. The strategy also expects the development of five production hubs and three to five ports with the capacity to export PtX products.