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Hub AI
Renewable energy in Chile AI simulator
(@Renewable energy in Chile_simulator)
Hub AI
Renewable energy in Chile AI simulator
(@Renewable energy in Chile_simulator)
Renewable energy in Chile
Renewable energy in Chile is classified as Conventional and Non Conventional Renewable Energy (NCRE), and includes biomass, hydro-power, geothermal, wind and solar among other energy sources. Usually, when referring to Renewable Energy in Chile, it will be the Non Conventional kind.
Chile has considerable geothermal, solar and wind energy resources while fossil fuel resources are limited. Chile has been described as "a world leader in renewable energy development." In 2016 Non Conventional Renewable Energy provided 7,794 GWh, or 11.4% of the country's total electricity generation. NCRE accounted for 17.2% of the installed electricity generation capacity by the end of 2016.
On 2022, for the first time solar and wind energy generated more power than coal-based energy (27.5% vs. 26.5%).
2013
In 2013, with the promulgation of the law 20,698, the target was increased to 20% by the year 2025, and a new progression for the following years was defined.
2008
In 2008, the Chilean Law set the Non Conventional Renewable Energy Target to 10% by 2024. In 2013 the target was increased to 20% by 2025. The law 20,257 modified the “Electricity Services General Law” by adding the article 150° bis, which stated that every electricity company that has over 200 MW of installed capacity and that makes withdrawals from the grid, 10% of that energy has to come from Non Conventional Renewable Energy sources. This target can be accomplished by either recognizing energy from its own power plants or by purchasing energy from other NCRE power plants. If the electricity company has a surplus of NCRE, that energy can be recognized as part of the target for the next year. The same article states that if an electricity company falls short, it has to pay a fee per MWh of deficit. If the company falls short 3 consecutive years, the fee is increased by 50%. However, the company with the deficit has the option to postpone the obligation for one year only if it gives notice in advance by March of the same calendar year. The collected fee will be distributed between the final customers whose consumed energy complied with the renewable energy target.
According to Chilean law (N°20,257 of 2008), the Non Conventional Renewable Energy sources are:
Renewable energy in Chile
Renewable energy in Chile is classified as Conventional and Non Conventional Renewable Energy (NCRE), and includes biomass, hydro-power, geothermal, wind and solar among other energy sources. Usually, when referring to Renewable Energy in Chile, it will be the Non Conventional kind.
Chile has considerable geothermal, solar and wind energy resources while fossil fuel resources are limited. Chile has been described as "a world leader in renewable energy development." In 2016 Non Conventional Renewable Energy provided 7,794 GWh, or 11.4% of the country's total electricity generation. NCRE accounted for 17.2% of the installed electricity generation capacity by the end of 2016.
On 2022, for the first time solar and wind energy generated more power than coal-based energy (27.5% vs. 26.5%).
2013
In 2013, with the promulgation of the law 20,698, the target was increased to 20% by the year 2025, and a new progression for the following years was defined.
2008
In 2008, the Chilean Law set the Non Conventional Renewable Energy Target to 10% by 2024. In 2013 the target was increased to 20% by 2025. The law 20,257 modified the “Electricity Services General Law” by adding the article 150° bis, which stated that every electricity company that has over 200 MW of installed capacity and that makes withdrawals from the grid, 10% of that energy has to come from Non Conventional Renewable Energy sources. This target can be accomplished by either recognizing energy from its own power plants or by purchasing energy from other NCRE power plants. If the electricity company has a surplus of NCRE, that energy can be recognized as part of the target for the next year. The same article states that if an electricity company falls short, it has to pay a fee per MWh of deficit. If the company falls short 3 consecutive years, the fee is increased by 50%. However, the company with the deficit has the option to postpone the obligation for one year only if it gives notice in advance by March of the same calendar year. The collected fee will be distributed between the final customers whose consumed energy complied with the renewable energy target.
According to Chilean law (N°20,257 of 2008), the Non Conventional Renewable Energy sources are: