Policy & Regulation

Renewables going from strength to strength in Chile

Chile’s improving electricity distribution infrastructure and the government’s emphasis on clean power will boost the country’s development of renewables and CCS Chile’s improving electricity distribution infrastructure and the government’s emphasis on clean power will boost the country’s development of renewables and CCS.
By Abhishek Kumar 3 July 2018 0 31572
Abengoa employees doing construction work on a transmission tower in Chile. Chile's electricity output is forecast to grow by 2.8% per year between 2018 and 2020. (Abengoa)

Chile’s renewables sector is one of fastest growing in Latin America, supported by the government’s institutional and policy reforms and the country’s favourable geography. The government’s focus on reducing greenhouse gas emissions could also accelerate the development of carbon-capture-and-storage (CCS) technology in the country. This also means gas will be limited to a peak-load fuel in the country’s power sector.

Hydro and coal are set to dominate Chile’s power mix in the short-to-medium term – serving as key baseload fuels – but the share of renewables...