Chilean minister says future hydrogen industry to rival copper

Chile could one day be exporting as much green hydrogen as it does minerals, according to Energy minister Juan Carlos Jobet. Speaking during a webinar, Jobet said that by harnessing renewable energy Chile could be producing 25 million mt/year of green hydrogen by 2050, generating exports worth more than $30 billion. The figures are from a report by management consultants McKinsey. “This is the equivalent to the whole copper industry, which is today 10% of GDP and half of our exports,” Jobet said.

Source: S&P Global Platts