SNAPSHOT BY COUNTRY Chile

News And Initiatives

An RFI released by Chile’s economic development agency, CORFO, yielded an additional $12 B, in potential green hydrogen projects.

H2 Magallanes in Southern Chile, promoted by Paris based Total Eren, will include a port facility for export.

Haru Oni pilot project backed by Chilean firm HIF, the Italian Enel Green Power and German multinational Siemens Energy, will focus on renewables based fuel production in the Magallanes region. With an investment of US $51 M, the project is the largest of its kind in Latin America and one of the first worldwide. It will produce 350 tons of methanol per year and 130,000 liters of fuel per year by the end of 2022.

HyEx project led by the French energy company Engie and the Chilean Enaex, in Antofagasta province, received environmental approval to start their complementary projects involving green hydrogen production and green ammonia synthesis

Ministry of Energy unveiled its national hydrogen strategy at the end of 2020. The strategy includes the policies and regulatory framework that should be enacted to encourage the development of the industry. The Ministry projects that Chile could produce up to 160 megatons per year of green hydrogen and become the leading low cost exporter by 2040, when the local market will be worth an estimated US $33 B, including US $24 B in exports.

The Team Europe Initiative (TEI) for the development of Green Hydrogen (H2V) in Chile is a joint effort by the EU and its Member States to enhance cooperation with Chile in the development of its green hydrogen economy. The objective is to promote investment opportunities in the field of green hydrogen in Chile, by creating green jobs and generating business opportunities for Chilean and European companies, while meeting European import demand for green hydrogen.