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    Chile relies heavily on energy imports as it lacks fossil fuels and has experienced drought reducing its hydropower capacity. Over 97% of Chile's energy was imported in 2012, leaving it vulnerable to rising prices. To address this problem, Chile is promoting renewable energy through power purchase agreements where investors develop projects and sell the power to mining industries, helping diversify Chile's energy sources. Key renewable resources available to Chile include wind power from a large site 400km north of Santiago and geothermal energy from its many volcanoes.

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    Chile relies heavily on energy imports as it lacks fossil fuels and has experienced drought reducing its hydropower capacity. Over 97% of Chile's energy was imported in 2012, leaving it vulnerable to rising prices. To address this problem, Chile is promoting renewable energy through power purchase agreements where investors develop projects and sell the power to mining industries, helping diversify Chile's energy sources. Key renewable resources available to Chile include wind power from a large site 400km north of Santiago and geothermal energy from its many volcanoes.

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    16 views5 pages

    Chile 2

    Uploaded by

    api-319677159
    Chile relies heavily on energy imports as it lacks fossil fuels and has experienced drought reducing its hydropower capacity. Over 97% of Chile's energy was imported in 2012, leaving it vulnerable to rising prices. To address this problem, Chile is promoting renewable energy through power purchase agreements where investors develop projects and sell the power to mining industries, helping diversify Chile's energy sources. Key renewable resources available to Chile include wind power from a large site 400km north of Santiago and geothermal energy from its many volcanoes.

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    of 5

    CHILE

    Megan Duenas and Izzy Biehl

    Depending on Other Countries


    Lacks fossil fuels
    1/3 of electrical comes from hydropower
    - Been in drought for past 5 years, making them more
    dependent on other countries

    97% of energy consumed in 2012 was imported


    Prices go up

    Power Purchase Agreement


    Chile noticing problem
    Renewables now account for 9% of Chiles installed
    capacity
    What is the Power Purchase Agreement?
    - Chile and EE-ERNC-1
    - Selling to investors
    - Investors sell to mining industries

    Chiles
    Resources
    Wind Energy
    - Largest site sits on hilltop 400km north of
    Santiago
    - Peak output of 115 MW
    -Provides 20% of electricity to Los Pelambres
    Geothermal Energy
    - 137 volcanoes potential sites for geothermal
    power plants

    Discussion Questions
    Discus what Chiles
    economy would look like
    if they relied completely
    on themselves for energy.

    Discus what Chiles economy would look like if they relied


    100% on energy imports.

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