Electricity sector in Chile

Electricity sector of Chile
Data
Electricity coverage (2003)97% (total), 90% (rural); (LAC total average in 2007: 92%)
11.5 h interruption per subscriber
Installed capacity (2022)33.18 GW[1][2]
GHG emissions from electricity generation (2003)13.82 Mt CO2
Average electricity use (2007)3,326 kWh per capita[3]
Distribution losses (2005)6.52%; (LAC average in 2005: 13.6%)
Tariffs and financing
Average residential tariff
(US$/kW·h, 2004)
0.109; (LAC average in 2005: 0.115)
Average industrial tariff
(US$/kW·h, 2006)
0.0805 (LAC average in 2005: 0.107)
Services
Sector unbundlingYes
Share of private sector in generation100%
Share of private sector in transmission100%
Competitive supply to large usersNo
Competitive supply to residential usersNo (if below 2 MW)
Institutions
No. of service providersgeneration: 36, transmission: 5, distribution: 36
Responsibility for transmissionTranselec
Responsibility for regulationFuel and Electricity Superintendence (SEC)
Responsibility for policy-settingNational Energy Commission (CNE)
Responsibility for the environmentMinisterio del Medio Ambiente
Electricity sector lawYes (1982, modified in 2004 and 2005)
Renewable energy lawYes
CDM transactions related to the electricity sector8 registered CDM projects; 2 Mt CO2e annual emissions reductions

As of August 2020 Chile had diverse sources of electric power: for the National Electric System, providing over 99% of the county's electric power, hydropower represented around 26.7% of its installed capacity, biomass 1.8%, wind power 8.8%, solar 12.1%, geothermal 0.2%, natural gas 18.9%, coal 20.3%, and petroleum-based capacity 11.3%.[4] Prior to that time, faced with natural gas shortages, Chile began in 2007 to build its first liquefied natural gas terminal and re-gasification plant at Quintero near the capital city of Santiago to secure supply for its existing and upcoming gas-fired thermal plants.[5] In addition, it had engaged in the construction of several new hydropower and coal-fired thermal plants. But by July 2020 91% of the new capacity under construction was of renewable power, 46.8% of the total solar and 25.6% wind, with most of the remainder hydro.[6]

Chile's electricity sector changes were carried out in the first half of the 1980s. Vertical and horizontal unbundling of generation, transmission and distribution and large scale privatization led to soaring private investment. The 1982 Electricity Act was amended three times in 1999, 2004 and 2005 after major electricity shortages. Further amendments are envisaged.

  1. ^ Chile total installed capacity, January 2024
  2. ^ Installed Capacity in Chile Central Energía: Up-to-date information of the power capacity installed in Chile. Retrieved 15-05-2012
  3. ^ Ranking de países por consumo per cápita de electricidad Archived 2010-04-27 at the Wayback Machine Central Energía. Retrieved 19-04-2010
  4. ^ Article title
  5. ^ Rigzone
  6. ^ "La solar alcanzó en julio una capacidad instalada de 3.104 MW en Chile". 4 September 2020.