Peru: Green hydrogen promotion act has been amended
September 16, 2024
In brief
On 22 August 2024, Legislative Decree No. 1629 was published, amending Article 2 of Law No. 31992, Law for the Promotion of Green Hydrogen, which aims to promote the development of green hydrogen from renewable energy resources.
The modification introduces a change in the definition of “green hydrogen,” as follows:
Law No. 31992 | Modification |
Article 2. Definition of green hydrogen.For the purposes of this law, green hydrogen is an energy vector produced with low greenhouse gas emission technologies. | Article 2. Definition of green hydrogen.For the purposes of the present law, green hydrogen is obtained from water through processes that use renewable energy resources as a source of energy. |
You may recall that Law No. 31992 promotes the generation, production and use of green hydrogen in industry from renewable energies, mainly as an energy vector, as fuel and as an input in industrial processes, either as hydrogen or by-products (fertilizers, organic liquids, methanol and others).
We hope you will find this information useful. Please do not hesitate to contact us if you require any advice in this regard.
Click here to read the Spanish version.
* * * * *
© 2024 Estudio Echecopar. All rights reserved. Estudio Echecopar is a member firm of Baker & McKenzie International, a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a “partner” means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an “office” means an office of any such law firm. This may qualify as “Attorney Advertising” requiring notice in some jurisdictions. Prior results do not guarantee a similar outcome.
Search
RECENT PRESS RELEASES
Related Post