TotalEnergies Subsidiaries Propose $16 Billion Green Hydrogen Project in Southern Chile
Key Ideas
- TotalEnergies' subsidiaries seek environmental approval for a $16 billion green hydrogen and ammonia project in southern Chile by 2030.
- The project includes a wind farm, hydrogen electrolysis facilities, a desalination plant, an ammonia production plant, and port infrastructure for export operations.
- Chile aims to become a global hub for green hydrogen production, with the project aligning with the country's renewable energy strategy.
- Despite challenges like permitting delays and limited infrastructure, the initiative signals a significant investment in Chile's renewable energy sector.
TotalEnergies, through its Chilean unit TEC H2 MAG, has applied for environmental approval for a $16 billion green hydrogen and ammonia megaproject in southern Chile. The project is set to be operational by 2030 and will comprise a wind farm, hydrogen electrolysis facilities, a desalination plant, an ammonia production plant, and port infrastructure. This initiative represents a major push towards clean energy in Chile, aligning with the country's ambition to be a key player in green hydrogen production. However, concerns have been raised about permitting delays and infrastructure challenges that might impede progress. The environmental review process is expected to take two years, with construction slated to commence in 2027. Once completed, the ammonia facility will have a daily production capacity of up to 10,800 metric tons. This venture not only signifies a significant financial commitment to Chile's renewable energy sector but also reflects the increasing global interest in low-emission fuels as the world transitions towards a more sustainable energy future.