Chile wants to add 1.2 GW of renewable energy next 4 yrs

Jun 25, 2014 - Chile will seek to develop an additional 1,200 MW of non-conventional renewable energy in the next four years, president Michelle Bachelet said yesterday.

Chile's power networks already have an installed capacity of 1,600 MW of non-conventional renewable energy.

The government also wants to add 865 MW of hydroelectric and 622 MW of thermal capacity. These projects are included in the development plan of the national energy committee CNE and should go into operation between 2015 and 2018.

The state wants to speed up conventional projects which already have environmental permits and are compatible with the current rules.

These are part of the projects that will be backed by the government, Bachelet said, adding that Chile needs more investments, competition and players in the power sector.

Choose your newsletter by Renewables Now. Join for free!