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ARTICLE · 29 NOVEMBER 2022

Green Hydrogen: The Energy Of The Future

Green hydrogen is emerging as a major alternative when it comes to taking on climate change.

EcuadorEnergy and Natural Resources

Green hydrogen is emerging as a major alternative when it comes to taking on climate change. Forbes has called it the "energy of the future,"1 and Goldman Sachs estimates that by 2050, the green hydrogen market will exceed US$11 trillion. 2

In Latin America, Chile is one of the countries that is at the forefront. In 2020, the nation launched its "National Green Hydrogen Strategy,"3 and just two years later, several projects were announced, including: HyEx, which will produce green hydrogen for mining; Highly Innovative Fuels (HIF), to generate fuels based on green hydrogen4; and Antofagasta Renewable Energy and Mining (AMER), which will include the construction and operation of an electrolyser capable of producing around 30 tons of green hydrogen per day.5

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