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Highlights:
  • Chile targets a share of 60% of renewables in power generation in 2035 and more than 70% in 2050.
  • Enel is the largest power company, with around 1/4 of the capacity and half of the distribution.
  • Close to 2.9 GW of solar and 1.3 GW of wind capacities were commissioned since 2015.
  • Renewables (inc. hydro) account for 46% of the power mix.
  • After increasing by 33% between 2015 and 2018, electricity prices have been decreasing. They are the third highest in Latin America.
  • Total energy consumption has increased by 2%/year since 2014.
  • Industry absorbs 60% of the electricity consumption.
  • Chile is developing massively its renewable capacities. Around 6 GW of wind and solar projects are under construction.
  • Most coal-fired power projects have been cancelled and the country plans to phase out coal power generation by 2040.

60%

of renewables (inc. hydro) by 2035

4.2 GW

of wind and solar commissioned over 2015-2019

-7%

final consumption reduction by 2035