The Secretary of Energy, Flavia Royonhighlighted this Thursday the development of the market for hydrogen in Argentina, by highlighting the advances in recent years of the transition to cleaner and more sustainable energy.
At the same time, the official explained that “a bill with a federal perspective is being worked on, which includes tax incentives for investments” in these sustainable energy developments.
Royón ratified clean and sustainable energy development policies
The comments of the Secretary of Energy were during her participation in the panel on Industry Decarbonization, within the framework of the Berlin Energy Transition Dialogue conference (BETD23), in Germany.
There, Flavia Royón pointed out that Argentina enacted Law 26,123 in 2006 to promote the use of hydrogen as a fuel and energy vector and that currently “it is working on a new and modern promotion framework.”
The official also stated that “YTEC, the technical arm of the flag company YPF, is developing prototypes of electrolyzers,” and pointed out that the National Institute of Industrial Technology (INTI), together with the Ministry of Science and Technology, “are also working in terms of hydrogen traceability certification”.
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situation in the country
“Argentina aspires for hydrogen to be considered as an energy source to be financed under green structures and credit facilities designed for the transition,” said Royón. In this sense, “in some provinces of our country, aspects related to financing with bilateral development agencies have already advanced,” he pointed out.
He gave the example of development in the matter in the province of Jujuy, “where in meetings with executives from the French Development Agency (AFD) various financing schemes were discussed to direct the execution of the green hydrogen project, the thermo-photovoltaic complex which is being developed jointly with Invap and the 200 megawatt photovoltaic plant planned for El Pongo,” he said.
The Secretary of Energy thus considered that in order to guarantee the global development of green hydrogen, “clear, stable and concerted rules of an open market economy” and “have permitting and specific legislation” so that the activity “encourages a true spillover to society.”
“Argentina is working on a bill with a federal perspective, which includes tax incentives for investments in the development of hydrogen and its vectors,” concluded Royon.
Source: Ambito
