Siemens Energy AG (Munich, Germany) and sports car manufacturer Porsche have joined forces with a number of international companies to build an industrial plant for the production of virtually CO
2-neutral fuel (eFuel) in Punta Arenas, Chile. The ground-breaking ceremony for this pioneering project took place today in the presence of Chile’s Energy Minister Juan Carlos Jobet. A pilot plant is initially being built north of Punta Arenas in Chilean Patagonia, which is expected to produce around 130,000 liters of eFuels in 2022. The capacity will then be expanded in two stages to around 55 million litres by 2024 and to around 550 million litres by 2026. The necessary environmental permits have now been obtained by the Chilean project company HIF (Highly Innovative Fuels). Siemens Energy has also already started preparatory work for the next major commercial phase of the project.