The UK government is extending financial support to domestic and Chilean firms involved in energy projects in Chile, with a focus on green hydrogen, energy storage, carbon capture and storage, and offshore wind. UK Export Finance (UKEF) is playing a key role in delivering this support, offering solutions such as trade insurance, working capital support, and loans. There is a growing interest in offshore wind development in Chile, with a substantial installed capacity and upcoming projects. The Chilean government is collaborating with international partners to prepare a roadmap for offshore wind development. Additionally, the UK government is actively promoting green hydrogen projects in Chile, with plans for participation in the World Hydrogen Latin America conference later in the year. The article also highlights developments in energy storage and carbon reduction efforts in Chile, showcasing a shift towards longer-duration energy storage solutions and the aim to transition to an emissions-free grid by phasing out coal-fired power stations.