September 22 (Renewables Now) - German green hydrogen firm Eternal Power is exploring options for the construction of large-scale green hydrogen production plants in Chile, aiming at potential first shipments from the Latin American country to Europe by 2030.
The Hamburg-based company announced today that it is visiting the country and working with local partners to identify suitable areas for green hydrogen production facilities.
Eternal Power further noted the aim is to use solar and wind energy to convert desalinated seawater into shippable gases such as ammonia and methanol, allowing green hydrogen to be produced on a large scale.
“The size of the projects - we're talking about final production capacities in the gigawatt range - can only be achieved in cooperation with good local partners. We are currently in the process of establishing precisely such partnerships locally, so that we can then take care of the logistics and customers in Germany and Europe ourselves,” said Eternal Power’s co-founder Robert Meitz.
Chile can generate 70 times more green electricity than it needs to meet the local demand, according to a joint analysis by the German Society for International Cooperation (GIZ) and the Chilean Ministry of Energy. That is why the country can offer green hydrogen at a particularly low price of around USD 1.50 per kilogramme, according to the ministry’s estimates.