Hydrogen roadmap

Peru plans to develop four pilot hydrogen projects by 2030—located in Callao, Piura, Matarani, and Ica—with a combined electrolyzer capacity of 256 MW. While exports are expected to begin in 2040, domestic hydrogen demand is projected to grow from 7–23.6 ktpa in 2030 to 131–1167 ktpa by 2050. Cement will be the largest demand sector by 2050 (25%), followed by road transport (86 ktpa, ~20%) and mining. Around 50% of demand will be concentrated near Lima. Export demand is assumed to be four times higher than domestic demand. The levelized cost of hydrogen (LCOH) is projected to fall from USD 2/kg in 2030 to USD 1.2/kg by 2040.

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