Chile and Port of Rotterdam have signed a Memorandum of Understanding (MOU) to develop green hydrogen.
This is the first agreement on hydrogen as a fuel and feedstock signed by the Ministry of Energy with a European port. The agreement is considered to be of national importance in both the Netherlands and Chile.
Minister Juan Carlos Jobet, of the Ministry of Energy of Chile, together with Allard Castelein, CEO of Europe’s largest port, signed the Memorandum of Understanding (MOU) on green hydrogen via video conference.
The minister emphasized that the aim of the MoU is part of a plan to ensure the countries work together to pair international supply and demand for hydrogen. The aim is to collaborate in actions and initiatives to advance the use of hydrogen, sharing information, knowledge, good practices and experiences, formal discussions and collaborating on projects of mutual interest and benefit.
“In Chile we have enormous comparative advantages in the production of green hydrogen, and that is what we address in our National Strategy: we want to produce the cheapest green hydrogen in the world by 2030 and be among the top three exporters by 2040.”Minister Juan Carlos Jobet.
“We are committed to the Paris Climate agreement and have been working on the Energy Transition in our port for a number of years now. It is co-operations like these, with a country like Chile, that enable us to take important steps towards realising our ambitions as hydrogen hub for Nort West Europe. The economic and environmental importance of setting up this trade lane is significant as we believe hydrogen will be important for meeting the climate goals, and it will be beneficial both for the producing and the receiving country.”Allard Castelein, CEO Port of Rotterdam.