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How Chile aims to be among the largest exporters of green hydrogen in the world

As part of our regular ESG Research Reports in Climate and Sustainable Finance, #20 discusses how Chile aims to be among the largest exporters of green hydrogen in the world. Key insights from the report include:

  • On 3 November, Chile's Ministry of Energy presented a "National Strategy for Green Hydrogen for Chile" with three main objectives:
    1. Have 5 GW of electrolysis capacity under development by 2025
    2. Produce the cheapest green hydrogen in the world by 2030
    3. Be among the world's three largest hydrogen exporters by 2040
  • Chile has the renewable resources and power market environment to produce among the cheapest hydrogen in the world.
  • Favorable new legislation and international partnerships will be essential to launch a dominant hydrogen industry.
  • Debate over a new constitution and the global economic crisis threaten Chile's ability to attract foreign investment for its hydrogen ambitions.

Read the full report:

Posted 27 January 2021 by Carla Selman, Senior Research Analyst, Country Risk, IHS Markit and

Etienne Gabel, Senior Director, Gas, Power and Renewables and

Kevin Bourne, Vice President, Sustainable Finance, IHS Markit

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