Enel receives approval to close 128-MW coal-fired unit in Chile in 2020
The Bocamina thermal power plant complex in Coronel, Chile. Image courtesy of Enel Group
July 7 (Renewables Now) - Enel Generacion Chile SA (FRA:EPN) announced that it has received the green light from the Chilean national energy commission CNE to take offline the 128-MW unit of tbe Bocamina coal-fired plant on December 31, 2020.
Its petition for the early closure of the 350-MW Bocamina II unit has not yet been answered, the power company said Monday.
The Bocamina I unit was scheduled to go offline in 2023, and Bocamina II in 2040 at the latest, as part of the national decarbonisation agreement signed with the Chilean government last year.
In May 2020, the subsidiary of the Italian utility group Enel SpA (BIT:ENEL) filed a request for the early closure of both thermal units to fully exit coal in Chile.
The fast-tracked closures of coal-based plants are part of the Enel Group’s own ambitions to decarbonise as soon as possible. Antonio Cammisecra, Enel’s head of global power generation and CEO of Enel Green Power, recently said that the coal exit is doable in all of the company's markets by 2025.
Enel operates coal-fired plants in Italy, Spain, Chile and Colombia. In Chile, it plans to have 2 GW of new renewable energy capacity installed by 2022. Besides the US and Spain, the South American country is also seen by the company as a well suited market for green hydrogen production.
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