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29.06.2021

Green Hydrogen Agreement

Both countries agreed to strengthen their cooperation in the field of green hydrogen and announced the creation of a taskforce in the framework of the Energy Partnership Chile-Alemania, to identify promising green hydrogen projects.

Minister Juan Carlos Jobet, at the Chilean Embassy in Berlin, Germany
Ministers Juan Carlos Jobet and Peter Altmaier, signing the Green Hydrogen Cooperation Agreement in a virtual meeting

On June 29, 2021, the Chilean Minister of Energy, Juan Carlos Jobet, and the German Minister of Economic Affairs and Energy, Peter Altmaier, signed a joint declaration to deepen their cooperation in matters of green hydrogen, and announced the creation of a taskforce in the framework of the Energy-Partnership Chile-Alemania in order to identify viable green hydrogen projects.

“We, Chile and Germany, share the interest to advance towards carbon neutrality by 2050. And to reach this goal, green hydrogen is key”, stated Minister Jobet.

In the new taskforce periodical meetings will take place, reinforcing bilateral dialogue and cooperation between Chile and Germany in these areas. Furthermore, both ministries agreed to facilitate the development of supply chains abroad, share knowledge and experiences in the matter of laws and security processes. Also, the task force will be an instance to promote the development of low-carbon emission’s certification programmes, joint research, as well as pilot and demonstration projects.

Minister Altmaier referred to the "H2Global" program, an initiative from the German government that seeks to import green hydrogen and support electrolysis projects abroad. Minister Altmaier stated that “cooperation with Chile is very important, as Germany’s bigger actors in the energy sector seek new commercial routes for green hydrogen importation, as a cleaner alternative to fossil fuels”.

Both authorities also stated that this taskforce will seek to identify opportunities for the creation of consortiums and for investment, as well as deepen the private sector’s networks and associations.

This taskforce will last for 12 months, and its continuation will then be evaluated.

CHILEAN MINISTRY OF ENERGY'S PRESS RELEASE

GERMAN FEDERAL MINISTRY OF ECONOMIC AFFAIRS AND ENERGY'S PRESS RELEASE