Legal Amendment Promoting Green Hydrogen Development in Peru
Key Ideas
- Legislative Decree No. 1629, published on 22 August 2024, amends Law No. 31992 to promote the development of green hydrogen using renewable energy resources.
- The revised definition of green hydrogen now emphasizes its production from water through processes utilizing renewable energy sources.
- Law No. 31992 encourages the generation, production, and utilization of green hydrogen in various sectors like industry, acting as an energy vector, fuel, and input in industrial processes.
- The legal amendment signifies Peru's commitment to promoting sustainable energy practices and reducing greenhouse gas emissions through the development of green hydrogen.
In a significant development, Legislative Decree No. 1629 was issued in Peru on 22 August 2024, bringing about a crucial amendment to Law No. 31992, aimed at fostering the growth of green hydrogen derived from renewable energy sources. The modification primarily focuses on refining the definition of 'green hydrogen,' now specifying that it is obtained from water through processes that harness renewable energy resources, aligning it closely with sustainable practices. Law No. 31992, which originally championed the generation and utilization of green hydrogen in industries using renewable energies, emphasizes the versatile applications of green hydrogen as an energy vector, fuel, or an essential input in various industrial operations. This legal update underlines Peru's dedication to advancing sustainable energy initiatives and actively contributing to the global effort to mitigate greenhouse gas emissions through the utilization of green hydrogen.