Chile's Magallanes region to study energy efficiency, renewables
Chile's southern Magallanes region will study and elaborate energy efficiency and renewable energy projects as part of a programme worth CLP 837 million (USD 1.4m/EUR 1.3m), financed by Chile's regional development fund, the energy ministry said Friday.
The state will contract a group of experts who will propose projects and measures according to the specific requirements of each district, with cost analyses and options for financing. The study will review past and current projects, the potential in rural and isolated areas and possible project managers among municipal and regional authorities, state-owned companies, public-private consortia or new entities.
The programme will be developed during 41 months with the aim to introduce efficiency and renewable energy on a large scale in the region, the ministry's regional secretary, Alejandro Fernandez, said.
The programme will also assist local authorities in tenders and supervision and will encourage net metering.
Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.