In this report, we model a long-term outlook for the energy system, as well as an accelerated de-carbonization scenario, to explore how Chile''s power system may adapt to increasing volumes
In 2023, Chile had a total renewable capacity of 20.6 gigawatts. By 2030, the Latin American country plans to increase this figure to roughly 38
In 2023, Chile had a total renewable capacity of 20.6 gigawatts. By 2030, the Latin American country plans to increase this figure to roughly 38 gigawatts, doubling the
This shift has been driven by their "Law 20/25", which mandates that 20% of all energy must come from renewable sources by 2025. Additionally, Chile has set an ambitious
The Green Hydrogen Fund for Chile – a Team Europe initiative by the European Investment Bank, the German development bank KfW and the
In order to replace the capacity of coal-fired power plants, approximately 25 GW of new projects will be required by 2030, so it is necessary to work on the need of improving the regional work,
Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50% of Chile''s power mix by 2030,
Chile''s capacity mix is estimated to witness a major upside by 2030 with renewables, including hydropower, accounting for more than 70% of the power capacity mix.
The Green Hydrogen Fund for Chile – a Team Europe initiative by the European Investment Bank, the German development bank KfW and the EU delegation in Chile – will
This report was authored by the Chile Ministry of Energy in collaboration with Clean Energy Ministerial (CEM) workstreams such as the 21st Century Power Partnership.
It has set an ambitious goal of converting 70% of its total energy consumption to renewables by 2030 and pledged to become carbon neutral by 2050. The country is also now
Highlight specific needs of communities and regions throughout Chile regarding the quality of energy services and the development of infrastructure projects. Develop additional analyses and studies, both by the Ministry of Energy and by other institutions, both public and private.
The total level of final energy consumption also stabilizes after 2030 in the transition scenarios, although the demand for services continues to increase, as the population and its income level increase. This is attributed to the introduction of more efficient technologies in final energy consumption in the residential segment.
For air and maritime transport, in line with Chile's climate commitments, only emissions from domestic transport are considered. This sector represents 38% of the contributions to the country's emissions in the 2019 national energy balance and incorporates the contribution of copper mining.
Overall, the sector accounts for 37.8% of total final energy consumption, 60% of electricity consumption and almost 45% of NG distributed to end users in 2019 (15% if the part used for electricity generation is taken into account); also, the industrial sector is responsible for about 21% of the total CO2 emissions of the Chilean energy system.
