Green Hydrogen
In the upcoming tender, Ancap will offer four blocks for companies to install renewable energy to make green hydrogen.
The South American nation is making a $4 billion bet on hydrogen-based e-fuels, mainly for export to the EU.
Southern Chile’s green hydrogen development has exposed the challenges in harmonising new energy sources with local communities and fauna.
Chile’s green hydrogen plans and renewable energy potential position it as a significant exporter of the fuel to markets including Europe.
In what could be a significant push for European green hydrogen, Germany has said it will join France, Spain and Portugal in a major new pipeline project.
Woodside Energy is partnering with Meridian Energy to develop the Southern Green Hydrogen plant, which will be the largest green hydrogen project in New Zealand, and possibly the world.
Cepsa said it will invest US$3 billion in Spain in what is set to become Europe’s largest green hydrogen production hub and which industry sources see as a significant step towards establishing the economic viability of this resource.
Chile needs to accelerate legal, regulatory and marketing groundwork for green hydrogen if it hopes to meet ambitious production and export targets, executives in the fledgling industry say.
Despite claims of blue hydrogen as a climate solution, experts warn it has technical and economic problems.