(…) Countries categorised as hidden champions, like Chile, typically demonstrate fundamentally unexplored RES Potential framework and sufficiently strong institutions - that are often underestimated in the general perception of Latin American countries - PtX could immediately become a serious topic if facilitated appropriately. These countries may well be in the lead in the market penetration phase, fostering the development of PtX technology (...)
(…) Hydrogen as an energy carrier and feedstock has clearly gained momentum in the past year. I see at least three reasons for this. First, the huge decline in the cost of wind and solar energy in recent years has opened the prospect of large-scale production of green hydrogen. In countries where wind and solar energy can be produced at very low cost on well-endowed location — for instance in Argentina, Australia, Chile, Morocco, Oman, Saudi Arabia, or South Africa — serious projects and feasibility studies are underway to ship green hydrogen to demand centres (…)
(…)The ideal case for Chilean hydrogen production combines a low LCOE with a high capacity factor, making the best use of cheap renewable electricity and minimising the impact of electrolyser depreciation on the LCOH.
Notably, countries such as Argentina (due to the high load factor of wind generation in Patagonia) and Australia and Chile (due to abundant sun) are developing roadmaps to convert their surplus VRE into compressed gaseous or liquid hydrogen (or another carrier similar to LCOH, see above) for transport to
regions with a net demand, such as Japan and Korea (…)