TotalEnergies Subsidiary Proposes $16 Billion Green Hydrogen Project in Chile
Key Ideas
- TEC H2 MAG, a subsidiary of TotalEnergies, plans a $16 billion green hydrogen and ammonia project in Chile.
- The project includes a 5 GW wind power plant, 7 electrolysis centres, an ammonia production plant, storage tanks, and maritime infrastructure.
- Green hydrogen will be produced from desalinated seawater, with operations set to begin in 2030 aligning with Chile's green hydrogen production goals.
- The project aims to help Chile become a global leader in green hydrogen production with a target capacity of 28 GW and 2.7 million tons of green hydrogen by 2030.
TEC H2 MAG, a subsidiary of TotalEnergies, has applied for an environmental permit to develop a $16 billion green hydrogen and ammonia project in Chile called H2 Magallanes. The project will include a 5 GW wind power plant, 7 electrolysis centres, a desalination plant, an ammonia production facility, storage tanks, and maritime infrastructure. Green hydrogen will be produced through desalination of seawater. The project is scheduled for an environmental assessment from 2025-2027, with construction expected to start in 2027 and operations targeted to commence in 2030. This initiative aligns with Chile's ambition to become a leading global producer of green hydrogen through electrolysis, with a goal of achieving a yearly capacity of 28 GW and producing 2.7 million tons of green hydrogen by 2030.
Topics
Projects
Renewable Energy
Infrastructure
Electrolysis
Ammonia Production
Wind Power
Desalination
Environmental Assessment
Chile's Energy Goals
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