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UK Government Begins to Recognize Opportunities in Chile’s Emerging Offshore Wind Sector

UK offers financial support for UK and Chilean energy projects, focusing on green hydrogen, energy storage, and wind.
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UK government has outlined its financial support for companies in the UK and Chile that are involved or interested in energy projects in Chile. The support would focus on green hydrogen, energy storage, carbon capture, and offshore wind sectors. The financial assistance is set to be provided by the export credit agency UK Export Finance (UKEF).

Specific sub-sectors that are relevant to the UK’s capabilities and Chile’s needs have been identified, according to Camila Jorquera, the deputy country director for trade and clean growth at the British embassy in Santiago. Jorquera particularly emphasized the wind sector, considering Chile’s 4.70GW installed capacity and 1.87GW under construction.

Although Chile’s offshore potential is largely untapped due to technical challenges, the country could benefit from developing wind farms at sea. Such a strategy could address development challenges faced by renewable energy companies looking to build infrastructure on land.

Chile’s government recently announced plans to develop an offshore wind development roadmap in conjunction with the US Department of Energy and the World Bank. Furthermore, the British embassy in Santiago is planning a trade mission to Scotland, one of the world leaders in offshore wind capacity.

UKEF offers assistance to UK exporters and buyers or contractors of UK products in Chile, including trade insurance, working capital support, and loans. Contract status, UK content, transaction size, and due diligence and risk-analysis outcomes are considered in their support proposals. UKEF services are also accessible to Chilean firms investing in the UK.

The UK government is also focusing on the hydrogen sector, with plans in place for a participation program at the World Hydrogen Latin America conference in Santiago later this year. The conference will feature matchmaking sessions.

Chile has approximately 70 green hydrogen projects throughout the country, predominantly in the Antofagasta and Magallanes regions. Projects such as the Haru Oni e-fuels demonstration plant in Magallanes are leading the way.

Developments in energy storage are also underway, with the Chilean government recently publishing a decree on capacity recognition, which could encourage more investment. While lithium-ion batteries are currently the primary technology, there is an increasing interest in pumped storage and high-temperature sodium-sulfur solutions.

With regards to carbon, Chile plans to close or convert its roughly 5.5GW of coal-fired power stations for an emissions-free grid. Carbon dioxide is necessary for the production of e-fuels and can be obtained from the processing of biomass or directly from the air. Companies like HIF Global have already begun incorporating carbon into their processes.

Original Story at www.bnamericas.com

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Mississippi River Faces Persistent Saltwater Intrusion, Region Seeks Long-Term Solutions



For the third consecutive year, the Mississippi River is experiencing significant saltwater intrusion, prompting local communities and environmental experts to search for sustainable solutions. This recurring issue arises as the river’s flow decreases, allowing saltwater to move upstream and threaten drinking water supplies. The U.S. Army Corps of Engineers is actively involved in addressing this problem, employing temporary measures like saltwater barriers to mitigate the impact on affected areas.



Saltwater infiltration poses serious risks to public health and agriculture, as freshwater sources become compromised. The situation is exacerbated by prolonged periods of drought, which have reduced freshwater flow in the Mississippi River. According to the National Weather Service, drought conditions have worsened due to climate change, increasing the frequency and severity of saltwater intrusion events.



Local authorities are collaborating with federal agencies to explore permanent solutions. Among the proposed strategies are enhanced levee systems and improved water management techniques. The U.S. Army Corps of Engineers is evaluating the feasibility of long-term infrastructure projects to prevent further saltwater encroachment. Additionally, community leaders are advocating for increased funding to support these initiatives and safeguard the region’s water resources.



The impact of saltwater intrusion extends beyond drinking water concerns, affecting local ecosystems and agricultural productivity. Farmers in the region have reported crop damage due to elevated salinity levels in irrigation water. The Natural Resources Conservation Service is working with farmers to implement adaptive practices, such as planting salt-tolerant crops and improving soil management techniques.



As the Mississippi River continues to face challenges from saltwater intrusion, stakeholders emphasize the importance of collaborative efforts and innovative solutions. The ongoing threat underscores the need for comprehensive planning and investment to protect one of America’s most vital waterways from the impacts of climate change and environmental stressors.

November 19, 2024



Environmental activists have raised concerns over the fossil fuel sector’s significant impact on COP29, the latest United Nations Climate Change Conference. Activists argue that the industry’s presence diverts focus from critical climate actions.



The conference, designed to promote global climate agreements, faces criticism for allowing fossil fuel companies to participate extensively. Environmental groups claim these companies undermine efforts to reduce carbon emissions and transition to renewable energy sources.



According to Climate Action Network, fossil fuel representatives have increased their lobbying activities, aiming to weaken climate policies. These industries allegedly influence negotiations, leading to watered-down commitments that fail to address the urgency of climate change effectively.



Experts suggest that the influence of these companies stems from financial contributions and longstanding relationships with decision-makers. Critics argue that this affects the conference’s ability to enforce meaningful climate change regulations.



During the event, several protests highlighted the need for transparency and a stronger focus on sustainable energy solutions. Activists are calling for increased participation of renewable energy stakeholders in future conferences.



The controversy surrounding fossil fuel involvement at COP29 underscores the ongoing challenge of balancing industrial interests with the global imperative to combat climate change.



November 19, 2024