Singapore is the latest country exploring the potential of green hydrogen, with widening its search to Latin America. It can leverage its pivotal shipping route to integrate the growing global hydrogen supply chain.
Last week, Singapore and Chile virtually signed a Memorandum of Understanding (MoU) to collaborate on green hydrogen technologies.
Chile’s Minister of Energy and Mining, Juan Carlos Jobet and Second Minister for Trade and Industry, Dr Tan See Leng, signed the agreement on 15th February. This was the first clean energy fuel agreement signed by the Chilean energy ministry. The Chilean government expects to help develop its green hydrogen industry for a broader world.
Dr Tan said that Singapore is committed to supporting the development of alternative energy sources such as hydrogen as part of its long-term decarbonisation efforts. It will continue to work with Chile and other countries in advancing the hydrogen economy.
The Chilean minister called it an unprecedented collaboration agreement that would strengthen its cooperation with Singapore to develop hydrogen as an alternative energy source. The MoU will target collaboration in exchanging information, knowledge, best practices and experiences, technical discussions and mutual interest projects.
The Chilean minister also said that the cooperation agreement would help Chile evaluate the economic viability and technical aspects of the hydrogen supply routes to Singapore and other Asian markets. Chile plan is one of the low-cost green hydrogen producer countries in the world in 20 years.