- Date 20 Sep 2021
Mexico’s potential for renewable energy generation, the location of its ports on busy shipping routes, and strong trading relations make the country well suited as a zero-carbon shipping fuel hub. Effective regulation could make such fuels commercially viable within the decade.
Mexico is well-positioned to build a valuable zero carbon shipping fuels sector, as it has an abundance of renewable energy potential along with direct access to busy shipping routes. This is according to a study conducted by Ricardo and Environmental Defense Fund for the P4G Getting to Zero Coalition Partnership. The production of green hydrogen-derived shipping fuels could help Mexico meet its decarbonization targets by catalyzing renewable energy generation supply chains, skills, and economies of scale, which support the wider adoption of new technologies.