Preparing for Renewables in Chile

Santiago, Chile
Santiago will host the Chilean International Renewable Energy Congress
(cc) Patrickcoe

In preparation for its major Chilean conference and exhibition to be held next month, Green Power Conferences this past week hosted a 60 minute webinar that saw leading renewable energy experts discuss current projects and government policy for renewables in Chile.

The webinar was an information-driven prelude to the 2-day Chilean International Renewable Energy Congress, which will be held in Santiago on the 4th and 5th of September, and featured presentations from the DESERTEC Foundation, RioGrand Solar, Vestas, and Andrews Kurth.

For those who missed the webinar, Green Power Conferences is making the full recording of the event available for download.

The web-based discussion addressed the conditions that need to be met to create a strong renewables industry within Chile and outlined the current projects and government policy for renewables. These discussions will continue at the Chilean International Renewable Energy Congress (CIREC) which will bring together leading experts across the Geothermal, Wind, and Solar power industries to discuss ways to drive forward the Chilean market.

The Ministry of Energy, Enel Green Power, E.ON, and Antofagasta Minerals will be among the expert speakers who will explore the potential of the market and the strategy for encouraging investment into a renewable, sustainable energy sector.

Chile is an attractive market for renewable energy investors, boasting a stable political environment with mature monetary and fiscal policies. The country’s economy enjoyed 6% expansion in 2011, and its GDP growth could average 4.7% in 2012-16, thanks in part to favorable trade agreements with numerous countries including Australia, Canada, China, Japan, and the United States. In anticipation of both climate and economic pressures, the Chilean government has already established a target of 20% renewables by 2020.

Fortunately, Chile’s climate and geography offer favorable conditions for a variety of renewable energy sources. 4,000 km of coastline afford many opportunities for both on-shore and off-shore wind farms. It’s position on the geologically active “Ring of Fire” offers huge geothermal potential. And the northern portion of the country is home to the Atacama desert, one of the driest regions in the world, providing excellent conditions for solar power.

Many international renewable energy companies have already recognized Chile’s potential and have opened local offices. There will undoubtedly be more to come.

Green Power Conferences has also announced that Chile’s renewable energy centre (CER) will be launching a new funding instrument and the centre’s Executive Director, María Paz de la Cruz, will make an announcement about this at the event.

Turn to Energy Insight’s Renewable Energy Conferences and Expos page for more information and links to CIREC and other upcoming conferences.

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