Can Chile reduce energy costs without subsidies?

“By exploiting its vast renewable energy potential, Chile can help reduce electricity prices and dependence on fuel imports – without subsidies,” said Paul Simons, the IEA Deputy Executive Director, who presented the report’s findings on Tuesday. “Renewables and energy efficiency can also help limit carbon emissions and air pollution.”

How can Chile improve energy security?

Chile should make more use of mandatory energy performance standards for products, equipment, vehicles and buildings. This would help increase energy security and also limit air pollution and CO 2 emissions in a cost-effective way. Efforts on transport, in particular, would improve oil security, an area where more needs to be done.

What is happening in Chile's energy sector?

Chile’s energy sector is evolving dynamically in recent years and significant institutional and policy reforms as well as major infrastructure projects have been carried out. The country’s National Energy Policy 2050 was adopted in 2015, following an exceptionally inclusive public consultation.

How can Chile improve oil security?

Efforts on transport, in particular, would improve oil security, an area where more needs to be done. Firewood is an important energy source in Chile, especially in the south, but its use is causing severe air pollution and, as a consequence, problems for human health.