Total Eren has begun planning for the creation of a large-scale green hydrogen project called ‘H2 Magallanes,’ with a total installed wind capacity of up to 10 GW, to be located near the town of San Gregorio in the Magallanes area of Southern Chile.
The project is in line with Chile’s goal of becoming a global leader in electrolysis-based green hydrogen production, with a target of 25 GW by 2030.
Green hydrogen, which can store and transmit energy, is predicted to play a significant role in the global economy in the future. Green hydrogen can be used to replace CO2-emitting fuels in a variety of industries because it is created from renewable energy sources. It also provides a competitive answer to the several issues that renewable energy faces, including as dispatchability, storage, and distance between renewable resources and major energy consumers.
Chile, which has some of the world’s top solar and wind resources, is one of the most promising countries for developing cost-effective green hydrogen, whether for domestic consumption or export to the American, Asian, and European markets.
In this respect, Total Eren has acquired huge private lands in the Magallanes region, which benefit from the world’s strongest onshore wind conditions as well as direct access to the sea.
The H2 Magallanes Project will include up to 10 GW of wind power, up to 8 GW of electrolysis power, a desalination plant, an ammonia (NH3) facility, and port facilities to transport green ammonia to national and worldwide markets. The goal is to perform research in order to start the project in 2025, with the goal of producing hydrogen by 2027.
Total Eren inked a collaboration agreement with the University of Magallanes, a famous public institution with extensive experience in the sectors of engineering and environmental and social studies, on November 10th, 2021, as part of the project.
Environmental and social studies, education, and research and development will be the three fundamental pillars of this public-private cooperation.
Total Eren and the University of Magallanes will work on the development of the Project’s Stakeholder Engagement Plan, which will follow the best practices outlined in the Chilean Ministry of Energy’s standards guide.
Apart from Chile, Total Eren is working on a number of large-scale green hydrogen projects around the world.
Total Eren’s Executive Vice President and Global Head of Business Development, Fabienne Demol, explained:
“We are ecstatic to showcase this large-scale green hydrogen project, a ground-breaking initiative that we are thrilled to inaugurate today in Punta Arenas, Chile.” We would like to express our gratitude to Chile’s Ministries of Energy and Education, the University of Magallanes, and our shareholder, TotalEnergies, for their unwavering support and vision for the global deployment of green hydrogen, as well as our teams in Chile and France, who have been instrumental in the project’s development. I’m excited to get started on construction so that we can help Chile achieve its goal of becoming a top destination for green hydrogen investment in Latin America and meet the needs of our global clients.’
