The E+ Energy Transition Institute analyzes the role of Chile on the topic in a webinar, discussing the main challenges and opportunities for social and economic development
How did Chile, our neighbor, become one of the leading countries in energy transition in Latin America in recent years? What are the main challenges of this change and how can this be an important path for social and economic development? These were some of the questions that were answered during the webinar in the series “Political Economy of Energy Transition in the World,” held by the E+ Energy Transition Institute.
“Chile is at the forefront of testing different aspects of energy transition and I believe it can teach us a lesson on how to do it, of how not to do it, of what works, and how we can get there. In addition to renewables, the country has an outstanding position in relation to energy transition in the distribution,” said Rosana Santos, the executive director of E+. To get where it is today, Aurélio Oliveira, the CFO of Enel America, explains that Chile “has very solid institutions, is very market-oriented and has free trade agreements with the main nations of the world.”
Aniella Descalzi, the director of Innovation and Strategy of Adelat, adds that, since 2008, Law 20257 has placed a 10% quota on energy consumption from alternative sources. In 2013, it was replaced by another that increased the obligation to 20% to consume clean energy. In other words, it is a process that has already taken about 15 years. Watch the webinar here