Poblete told the conference, “This is going to be an important industry in our country, but also an important export sector in our economy, expecting that the export of hydrogen will reach 4% of the national GDP by 2030.”
Chile has ambitions of producing green hydrogen for $1 per kilogramme by 2030, by accessing its renewable energy potential, with plans to install 5GW of electrolysis capacity in the country by 2025, ahead of a dramatic boost to 25GW by 2030
Poblete told the conference Chile has already signed export agreements with major ports globally which he believes will provide ammonia to countries at places significantly lower than what otherwise might be available.
Poblete said, “Research done by McKinsey shows that by 2034, countries like Japan, Korea, countries from the European Union, the UK and the US will import ammonia from Chile with prices between 12% and 14% lower.
“This is cheaper than getting it from all the rest of our country for a lot of countries, for green hydrogen as countries from the Middle East, North Africa or Australia.”
Poblete said, “Another important milestone for Chile is the international reach of our strategy. We have signed very important agreements with countries such as Singapore, and at the beginning of this year we signed an agreement with the Port Rotterdam that is the largest regional hub.”
Read more: Chile partners with Belgium ports to create a corridor for green hydrogen
Green hydrogen also has the potential top be used to clean up heavy industry in the country. Poblete explained, “We are hoping the national strategy has opened the door for this sector and using this government to power buses, trucks and other heavy vehicles used to our needs.
North American Hydrogen Summit
H2 View is taking its events platform to America’s original clean hydrogen hub of California. Together with the California Fuel Cell Partnership (CaFCP), we will stage our North American Hydrogen Summit in San Francisco on July 14-15.
As our summit theme Building Bridges: Hydrogen hubs and investment suggests, the event will explore the $8bn of funding announced to create at least four regional hydrogen hubs in the US. These hubs will turbo-charge the nation’s progress toward heavy trucking and industrial sectors that run without producing carbon pollution – and they may just provide the path forward to a hydrogen-fuelled future.
With California and Texas vying to be America’s hydrogen capital today, where are the hubs of tomorrow? Further still, what can other states, and countries, learn from California’s success story? And how can we build bridges to a successful flow of international investment?
If you are a member of the CaFCP, be sure to grab your ticket at a discounted rate with a code that can be provided to you by the events team.
Full information about this event including attendance and sponsorship packages can be found here.