National Strategy for the Energy Sector

In February 2012, Chile implemented the new National Strategy for the Energy Sector, aimed at expanding the sector capacity, supporting non conventional renewable sources (ERNC) and promoting the sustainable ficing of the system.

The Strategy is built on six main goals, namely strengthening the non-conventional renewable sector, promoting energy efficiency, supporting a stronger and sustainable hydropower sector, a great attention to grid expansion and public transmission projects, moving towards a competitive electricity market and encouraging the regional electricity interconnections to neighbouring countries.

The strategy reiterates the target of 10% of national electricity from non-conventional renewable sources by 2024, as stated in the Non-conventional renewable energy law (Law 20,257). The strategy states that this would be the minimum possible increase in the ERNC share, since in order to meet the annual electricity consumption growth of 6-7% to 2020, the share of ERNC in the electricity would have to double over the next decade.