Panama Takes a Leap Forward in Green Energy

We're excited to share news of Panama's significant strides in the green hydrogen market! In collaboration with the European Union's Euroclima program, Panama shall be revealing this week its proposed regulatory framework for green hydrogen, aiming to become a key player in this emerging sector.

This initiative, spearheaded by the National Energy Secretariat (SNE), signals Panama's commitment to a sustainable energy future. The new regulations, a revision of the existing hydrocarbon policy, will provide legal certainty and attract vital investments, leveraging Panama's strategic geographic location and infrastructure. 🚢 ☀️ 💨

Key Highlights:

🤝 Collaboration with the EU and the Spanish National Hydrogen Center (CNH2).

🔍 Focus on green hydrogen production and distribution, using renewable energy sources.

📌 Strategic positioning of Panama as a global hub for clean energy.

🥅 Goal of producing 500,000 tons of hydrogen by 2030.

Events will be held to inform stakeholders and promote green hydrogen projects.

This development underscores the importance of clear and effective regulatory frameworks in driving the transition to clean energy. At Lex Innova, we understand the legal complexities of the energy sector and are committed to supporting our clients in navigating these evolving landscapes.

Read the full article (in Spanish) here

Stay tuned for further updates and analysis on this exciting development as it progresses!