Published on November 5, 2020
Chile aims to become a global leader as a green hydrogen producer and a clean energy provider for the world – paving the way for low carbon growth and development. With the highest solar irradiance of the planet in the north of the country and strong and consistent winds in the south, Chile has enormous potential to produce renewable energy which is the basic requirement to produce green hydrogen.
As a result of collaborative work between industry, academic sector, civil society and the public sector, and assisted by GIZ, an essential element of Chile’s carbon neutrality plan and commitment to sustainable development- the Chilean National Green Hydrogen Strategy – was developed.
President Sebastián Piñera and Energy Minister Juan Carlos Jobet unveiled the ambitious national strategy at the Chile 2020 – Green Hydrogen Summit to position Chile among the world’s leading producers of green hydrogen by 2040.
“Green hydrogen is a strategic opportunity for Chile. Our country is the ideal place to produce and export green hydrogen and its derivatives, including ammonia, methanol and synthetic fuels.”H.E. Mr. Sebastian Piñera, President of the Republic of Chile
The three main objectives of the strategy are:
- Chile will have 5 GW on electrolysis capacity in operation and under development by 2025
- Chile will produce the worlds cheapest 100% green hydrogen by 2030
- Chile will be within the top three principal exporter of 100% green H2 by 2040
Additionally, capacity building, knowledge transfer, engaging with the communities and local stakeholders and increasing the value that local suppliers can capture are the key actions that will make the Chilean National Hydrogen Strategy a success.
To achieve the objectives, six pillars will provide a framework for private and public action:
- Mission-oriented policy
- Balanced use of resources and land
- New economy based on clean exports
- Efficient pathway to a net-zero country
- Green hydrogen as a catalyst for local growth
- Openness to the world
Thus, the national Green Hydrogen Strategy will allow Chile to drive deep decarbonisation in their own country and throughout the world.
The strategy can be downloaded in English and Spanish here.
The BMU funded GIZ project “Decarbonisation of the Chilean energy sector” supports Chile in exploiting the existing potential of renewable energy for energy transition and also by developing project initiatives on green hydrogen since 2014.