Chile has announced plans to produce US$ 30 billion in green Hydrogen for export by 2050. This involves using the mining industry equipment traditionally powered by diesel in fuel cell powered equipment to make the bridge for current state to future state.
Source: Financial Times Read The Article
PSR Analysis: There are several roadblocks as technology improvement needs, energy cost and investment source for the initiative. So far it sounds like a campaign promise rather than a robust initiative. However, the technology use is progressively closer to reality. PSR
Fabio Ferraresi is Director- Business Development South America, for Power Systems Research
