February 17, 2021
The article explores the policies, resources and conditions contributing to Chile’s pivotal position in the nascent green hydrogen industry.
Willkie partners Maria-Leticia Ossa Daza and Jorge Kamine, along with associate Matthew Vitorla and law clerk Javier Perez-Marchant, recently published “Chile Aims to Win Green Hydrogen Race” in Project Finance International. The article discusses increased global interest in the development and use of hydrolytic or green hydrogen generated from renewable energy as a cornerstone for the energy transition to a net-zero carbon emission global economy. While there are a number of countries contending to be global leaders in commercializing green hydrogen at scale, a combination of policies, resources and conditions have made Chile a standout in assuming a global role in the nascent green hydrogen industry.
The authors note, “Chile’s substantial deployment of and significant capacity for expanding renewable generation and its potential to supply a large, decarbonizing mining sector and promising export market, as well as its strong regulatory and institutional foundations, mean that Chile is well positioned to be a leader in developing a scalable, cost-competitive green hydrogen industry that effectively navigates the financeability challenges inherent in nascent technologies and applications.”
Project Finance International (PFI) has been at the forefront of project finance reporting for the last 25 years, covering transport, power, oil & gas, infrastructure and mining.
To read the article, click here.
