Chile s new hydrogen energy small container station

4 FAQs about Chile s new hydrogen energy small container station

Is Chile a green hydrogen market?

Chile has emerged as one of Latin America's most advanced green hydrogen markets, driven by bold government targets and a wealth of renewable resources. The country's National Hydrogen Strategy, launched in 2020, has the ambitious goal of producing 1m tonnes of green hydrogen per year by 2030, with a total of 25GW of electrolysis capacity.

Can Chile become a green energy powerhouse?

With its vast deserts, long coastline and extensive reserves of critical minerals, Chile is a potential renewable energy powerhouse. The government's goal is to have only clean energy by 2050 and to become one of the world's top green hydrogen exporters by 2040. The European Investment Bank is helping the country make this green transition.

How much green hydrogen will Chile have by 2026?

Chile currently has less than 900MW of green hydrogen capacity due online by 2026. Although this falls short of 2030 targets, projections indicate a sharp ramp-up between 2030 and 2032, driven by mega-projects such as TotalEnergies' US$16.3bn H2 Magallanes and the HNH Energy project.

Is Chile a leader in the production of green hydrogen?

A combination of characteristics makes Chile a potential leader in the production of green hydrogen in Latin America and the Caribbean (alongside Brazil and Colombia). Green hydrogen is produced using electrolysers, which split water into hydrogen and oxygen through a process that requires substantial electricity.