06 Sep '13, 2pm

Chile Ups Renewable Energy Target

Chilean utilities will now have to get 20 percent of their power from “unconventional” renewables (defined as excluding hydropower plants over 40 MW). The bill will now be submitted for enactment into law. Industry analysts say the bill has moved slowly since its original introduction into the lower parliamentary house in 2010. An earlier version was passed by the lower house in June but opposed by energy minister Jorge Bunster. One concern, raised in a report by the nation’s Mining Commission, was that in order to meet the previous 20/20 target an additional 4600 MW would need to be added and the transmission system would need to be upgraded. According to deputy energy secretary Sergio del Campo, a key constraint is that urban load centres are located far from where solar and wind farms are expected to be built. But with revisions including moving the target year to 2025 ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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