Enel Chile pledges to cut 64% of its direct CO2 emissions by 2023
The Finis Terrae solar park in Chile. Photo by Enel Green Power (www.enelgreenpower.com).
Enel Chile SA (NYSE:ENIC), part of Italian utility Enel SpA (BIT:ENEL), said that it has committed to cutting its direct CO2 emissions by 64% by 2023, compared to 2017 levels of pollution from its power production operations.
This ambition is underpinned by the Santiago-based group’s plan to close all of its coal-fired units in Chile and switch on 2.4 GW of renewables by 2023. More than 1.3 GW of the planned capacity is currently under construction, the company said.
With this addition, renewables will account for 77% of Enel Chile’s total installed capacity by 2023, Enel Chile CEO Paolo Palloti highlighted.
As of December 31, Enel Chile is no longer generating coal-based electricity from the unit 1 of the Bocamina complex. The Bocamina unit 2, which is the last of coal that Enel has in the South American country, will be shut down in May 2022.
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