Chile has made progress in accelerating its energy transition through existing climate initiatives and domestic policies. It updated its 2030 NDC with more ambitious emissions reduction targets. Key policies include a national decarbonization plan targeting 100% zero-emissions electricity by 2050 and 70% zero-emissions fuels by 2050. Chile also joined the Powering Past Coal Alliance in 2021 to phase out coal by 2030. The energy transition faces challenges in expanding transmission infrastructure and developing 20 GW of renewable projects plus 4 GW of storage by 2030.

1. Delivering the MWP - Accelerating action through
existing initiatives
CCXG Global Forum 2023
Juan Pedro Searle

2. Mitigation Work Programme (MWP)
zero-emissions fuels in
non-electric energy end
uses
2050
70%
+80%
Decision 1/CMA.4
• Recall Parties to strengthen their 2030 NDC targets
• Urges Parties to develop and submit their LTCS
• Calls upon Parties to rapidly scaling up the deployment of clean power
generation and energy efficiency measures, including accelerating
efforts towards the phasedown of unabated coal power and phase-out
of inefficient fossil fuel subsidies…..

3. Progress In Chile
zero-emissions fuels in
non-electric energy end
uses
2050
70%
renewables energies in
the electricity sector
2030
+80% + 2 GW
National Level
• Updated, more ambitious 2030 NDC: carbon budget, emissions peak
(2025), absolute emissions goal
• LTCS submitted in 2020
• Climate Change Law, 2022 (Carbon Neutrality before 2050, GHG
emission limits, carbon pricing, fines for non-compliance)
Sectoral level (energy sector)
• Policies and regulations to accelerate the energy transition
• RE penetration has increased dramatically
• Coal phase out as a key enabler (PPCA member)
• Just Transition Strategy and local action plans

4. Key Policies, strategies and action plans
The importance of building a strong and consensus vision
1st Chilean Energy
Policy (2015)
1st Updated Energy
Policy (2022)
100%
zero-emissions
energy in the
electricity sector
2050
+80%
renewables
energies in the
electricity sector
2030
70%
zero-emissions fuels
in non-electric
energy end uses
2050
+ 2GW
Storage projects in
the electricity sector
2030
National EE Plan (2022) National E-Mobility
Strategy (2022)
Green Hydrogen National Strategy (2020)
and action plan (to be published)
Tariff Protection and
Energy Poverty Plan
(2023)
2nd Half Energy
Transition Agenda (2023)
Source: www.energía.gob.cl; www.mma.Gob.cl
Updated NDC (2020) LTCS (2021)
National Decarbonization
Plan (2023)

5. Policy and regulatory landscape in the energy sector
Promoting Renewable Energies in the
Electricity Matrix Bill
Energy Transition Bill
Transmission | Climate Change Framework Law |
Competitiveness | Storage
Decarbonization Plan
Common assessment | Decarbonization enablers |
Roadmap 2023-2030
Electricity Sector Reforms
+
Strategic Actions
Initial Agenda for a Second Half of the Energy Transition
Actions for an accelerated decarbonization of the electricity sector
Law/Bill
Regulation
Policy
Agenda / Plan
Coordination and Operation Regulation
Operation of storage systems
2023 2024
Storage and Electromobility Law
Today
Energy Efficiency Law

6. 0%
5%
10%
15%
20%
25%
30%
0
20
40
60
80
100
1971
1972
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2015
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2018
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2020
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2028
2029
2030
Energy
(TWh)
Storage
Solar CSP
Solar PV
On-Shore Wind
Hydro
Geothermal
Biomass
Diesel
Natural Gas
Coal
% Solar PV
% Solar CSP
% On-Shore Wind
Evolution and projection of electricity sector
CHALLENGES
+ 4.000 km of transmission lines
+ 20 GW renewable projects
+ 4 GW of storage (2-4 hrs)
+ 1 GW of renewable 24/7
technology (CSP/geothermal/etc)
Historical Projected
1998-1999:
Drought
2004:
Reduction of
natural gas
exported
2013-2014:
Renewable
startup
2030
2020
1970 1980 1990 2000 2010

7. Energy Transition in Chile: Investment opportunities for an urgent climate action | 7
Coal Phase-out
PPCA member since 2021

8. • 167 national and sub-national governments, businesses, and organisations.
• Launched in 2017
• Coal phase-out by 2030 (developed countries)
• 2040 as a final year for other members
Benefits:
• Strengthen our leadership role (our unique coal phase-out process)
• Accelerate our energy transition (access to technical assistance and
funding opportunities)
• Opportunities for green hydrogen and derivatives
• Peer to peer exchange of best practices, challenges, alternative solutions

9. Discussion questions
1. How could the MWP support efforts underway by relevant existing
initiatives (EIs) to help scale up mitigation efforts in the near term?
• MWP commitments must be aligned with those of EIs
• Concrete, stronger commitments must be urged under MWP
• MWP to make a stronger call for multiple-source investments for EE, RE
and related infrastructure
• MWP should ensure EIs are regular dialogues attendees
2. How could the work of relevant ongoing mitigation-related initiatives
feed into and inform the MWP process to make it more impactful?
• Active involvement of EIs in MWP dialogues (events)
• Progress reports should be shared regularly
• Parties should showcase their progress/challenges in energy transition

10. Thanks!