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What Lies Ahead for Chile’s Wind Power Sector?

Chilean President Gabriel Boric has pursed policies that streamline approval for renewable energy projects, leading to a major growth in wind power projects. // File Photo: Government of Chile.

Chile could more than double its wind-power capacity over the next 10 years, aided by Chilean President Gabriel Boric’s efforts to streamline environmental approvals and other government processes for renewable power projects, Vestas Wind Systems executive Andrés Gismondi told Bloomberg News in an interview published Feb. 20. The country could have about 10 gigawatts of wind power by 2033, as compared to the current level of just under 5 gigawatts. How likely is Chile to double its wind power capacity in the coming decade? What are the major obstacles that companies operating in that sector are encountering in Chile, and how well is the government addressing those difficulties? How important is the expansion of wind power to Chileans and the country’s economy?

Stefan Gsänger, secretary general of the World Wind Energy Association: “Chile was one of the first countries in South America to seriously consider wind power as an option for meeting its energy needs. The country currently ranks 25th in the world in terms of installed wind capacity, is the second largest market in South America and has the best natural conditions to move up the list. Chile’s unique shape–extremely elongated from north to south, with short distances from west to east–does not allow for a highly centralized electricity system, which is reflected in the country’s grid infrastructure. As a result, renewables, particularly wind and solar combined with hydro, are the…”

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About the Energy Advisor

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.


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Gene Kuleta

Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David Goette-Luciak

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Nili Blanck

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