According to the National Energy Plan 2015-2050, Panama aims to increase the use of renewable energy by 2050, setting a goal of a 15% increase in non-hydroelectric renewable energy capacity by 2030 and 30% by 2050 to reduce sector emissions by 11 million tons by 2030 and 60 million tons by 2050.

Efficiency risk: energy from renewable sources, key to generating green hydrogen through electrolysis, is more expensive to generate, which in turn makes obtaining hydrogen more expensive.

Efficiency risk: the availability of electricity from renewable sources and the availability of water.

Danger: Hydrogen is difficult to detect. It is still less dangerous than natural gas, propane or butane. Hydrogen is light as it disperses quickly in the air. Care must be taken with materials used

Green hydrogen will close clean energy cycles, given its nature of direct use and storage in difficult access sectors and energy-demanding industries

Country's Energy Transition Agenda, approved in November 2020 by the Cabinet Council, as part of the Public Policies package. By January 2022 through the Official Digital Gazette, the Green Hydrogen Route, first phase, is published.

On September 21, 2016 Panama ratified, accepted, approved, its adherence to the historic Paris agreement on climate change and established the creation of a Ministry, laws and the path of a National Strategic Plan 2015-2050.

Ministry of the Environment with governing functions to formulate, apply, plan, direct, coordinate, execute and evaluate the National Environmental Policy, applicable to all levels of government.

In November 2020, the Cabinet Council approved the strategic guidelines of the Energy Transition Agenda, a measure that seeks to encourage investment in the sector, improve competitiveness and bring electricity to the communities indicated in the Beehive Plan.

Financial incentives: The business model of this IOA maintains access to financing under normal conditions with local private banks, as well as management in international financial markets or with more favorable options with multilateral entities in the region.

As part of the promotion elements of the Global Route of Green Hydrogen, the authorization of free Zones for trade and storage of Green Hydrogen and energy based on this will be included in the modification of the legal framework of hydrocarbons in Panama.

General Environmental Law No. 41; which establishes the basic principles and standards for the protection and promotion of the sustainable use of natural resources. It also orders environmental management and integrates it with social and economic objectives.

National Secretariat of Energy; It is in charge of conducting the country's energy policy, within the current constitutional framework, to guarantee a sufficient, high-quality, economically viable and environmentally sustainable supply of energy resources.

National Authority of Public Services (ASEP); It is an autonomous regulatory entity that oversees the provision of water supply, sewerage, telecommunications, natural gas and electricity. Establishes rules, regulations, enforceable acts and their compliance.

Law 37 of June 10, 2013, is a regulation that establishes incentives for the construction, operation and maintenance of solar power plants or installations.

Law No. 45 2004 establishing the regime of Incentives for Promoting Hydroelectric Generation Systems and other Renewable and Clean sources. This was regulated in 2009 through Executive Decree 45 of June 10, 2009 and provides incentives for the construction and development of clean technology plants

Capital or local private equity contribution, bank financing under normal conditions of local and international banks, foreign investment.

Ministry of the Environment, National Secretariat of Energy, Public Services Authority.

Promulgation in the Official Gazette of January 2021, the regulation of Law 93 of September 19, 2019, which created the Public-Private Partnership (APP) Regime for development as an incentive for private investment, by social development and job creation.