27 Mar '14, 2pm

The Future of Chile's Energy Sector Lies with Renewable Energy, New Report Shows

The Future of Chile's Energy Sector Lies with Renewable Energy, New Report Shows

While conventional energy projects — coal and large hydro — linger in judicial appeals and administrative reviews, developers are advancing solar, wind and other renewable projects with gusto. If the new government can help remove some of the remaining obstacles to renewables’ growth, we can expect these numbers to be even higher next year, proving that the future of Chile’s energy sector is in clean, sustainable and renewable energy. According to the Renewable Energy Center’s report , at the end of last year there were over 18 GW in renewable capacity on the books, meaning projects that were in operation, under construction, approved and under review. This is about a 39 percent growth over 2012 ’s then-impressive total of almost 11.5 GW. To put this in perspective, Chile’s two main grids (which cover more than 99 percent of the whole country’s energy generation) have a co...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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