International Energy Agency's Report On Chile

Chile's energy policy and outlook have both evolved dramatically in the last few years, according to an International Energy Agency (IEA) report released on 23 January 2018. With the National Energy Policy 2050 being adopted in 2015, and the electricity sector, in particular, undergoing rapid development, the country has quickly become a world-class destination for investment in solar and wind technologies and development.

At around 4,300 kilometres long and on average 177 km wide, the unique and extraordinary geography of continental Chile holds a number of very specific challenges for the country's energy infrastructure. However, its natural resources and geography remain its greatest assets. The Atacama desert in the far north of the country provides a spectacular solar resource, with more than 9 kilowatt hours per square metre per day—the highest rate in the world. On the other end of the country in the extreme south, Chile enjoys the best onshore wind resources