Green Hydrogen: The challenges of a project "in green"

April 30, 2021

Globally, the use of green hydrogen as a fuel has become increasingly important in the fight against climate change. There are studies that position Chile as a potential producer with enormous comparative advantages in this market, capable of becoming one of the main producers and exporters worldwide. In this context, the Ministry of Energy is promoting a National Green Hydrogen Strategy to develop this market on a large scale in the coming years.

Notwithstanding the enormous advantages that the development of this market would objectively bring to Chile, there are also significant challenges in different elements of the process that can hinder, or even nullify these advantages.

Faced with these challenges, even when there is no longer full technological neutrality in the use of alternative energy sources and given the energy policies to mitigate the effects of climate change, what has been maintained in Chile - and should be maintained - is the neutrality vis-à-vis the various sources that contribute in the same way to achieving the objectives sought by allowing them to compete on equal terms and respecting their real long-term comparative advantages, rather than those generated by distortions of a particular public policy.