According to the International Renewable Energy Agency Report on renewables energy in Latin America 2015, apart from the renewable quota of 20 per cent by 2025, Chile is the only country in the region with a pure renewable energy certificate system.
What renewable energy does Chile use?
Like most Latin American countries, Chile already has significant share of hydroelectric generation, which accounted for almost 45 percent of electricity generation in 2020. Moreover, it aims to produce the remaining 25 percent of its renewable goal predominantly through wind and solar power.
Does Chile invest in renewable energy?
Chile is investing heavily in renewable energy opportunities with more than 1.3 billion USD invested in wind and solar electricity generation in the second quarter of 2015. Chile’s National Energy Strategy (2012-2030) explicitly identifies expanding non-conventional renewable energy (NCRE) production as a priority.
Does Chile have coal?
Coal is Chile’s most abundant fossil fuel resource and accounts for over eighty-five percent of Chile’s thermal energy reserves (International Energy Agency Coal Research, 1996). Estimated resources of the Magallanes Basin are about five billion metric tons (Ministerio de Relaciones Exteriores, 1988).
Does Chile have nuclear power?
Currently, Chile has no nuclear power plants and has not taken any decision regarding the development of a nuclear power programme. However, Chile has a strong background on other nuclear applications.
How is electric energy mainly produced in Chile?
Energy in Chile is dominated by fossil fuels, with coal, oil and gas accounting for 73.4% of the total primary energy. Biofuels and waste account for another 20.5% of primary energy supply, with the rest sourced from hydro and other renewables. Electricity consumption was 68.90 TWh in 2014.
Where does Chile get its energy from?
Today in Chile, renewable electricity from solar and wind power represents nearly 20 percent of the country’s energy supply, and the volume of renewables is expected to increase every year.