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Translating global renewables and
energy efficiency calls from GST1 in
NDCs: the case of Chile
Julio Cordano
Director Environment, Climate Change and Oceans
Ministry of Foreign Affairs of Chile
Energy transition in Chile
• Bipartisan support from its beginnings
• Already passed the initial stages
• Originally motivated to reduce energy prices
• Entering a phase of consolidation and structural challenges
• Next stage dominated by infrastructure expansion and regulatory
reforms
Guiding questions
1.How do countries plan to contribute to the global effort of tripling
renewable energy capacity globally and doubling energy efficiency
improvements by 2030 and what are the main challenges faced?
2.What support structures and enablers are needed to facilitate the
translation of the global renewables and energy efficiency calls
from the GST1 in domestic NDC processes?
Sources of GHG emissions in Chile
Electricity generation in Chile, 2000 - 2022
20
22
27
34
38
44
4
5
7
10
12
15
2019 2020 2021 2022 2023 2024
RE in Chile 2019-2024
% RE total generation MW of RE
How was this achieved?
• Long-standing policy to promote RE (starting in 2008)
• 2015: regulatory changes creates new model for RE
• Longer contracts (access to better commercial finance)
• Centralized tenders, organized by different periods of the day
• No subsidies, but a highly regulated market
• Climate goals accompanied by the need to reduce prices
National Plan of Energy Efficiency
2022 - 2026
Under the law of EE, 5-year plans
EE = Energy intensity
Targets:
▪ 4,5% by 2026
▪ 13% by 2030
▪ 30% by 2050
Measures in four key sectors:
1.Industry
2.Transport (electromobility, engine
efficiency)
3.Sustainable building
4.Domestic appliances
Energy Efficiency
Some of the current challenges
• Accelerated expansion of RE without equivalent expansion of
infrastructure
• Technological challenges in storage
• Long-term investments needed in transmission
• RE dumped due to overgeneration, especially during the day
• Electrification of services
Conclusions
• Chile: 3x its RE from 2019, and x15 since 2012.
• Great difficulties in complying with the GST objectives, as
countries have different departing points.
• GST Global targets are an aggregated effort, every country should
contribute towards a collective success
• It is crucial to increase investments in technologies such as
storage, especially in developing countries, to avoid roadblocks
• National strategies can greatly benefit from a strategic alliance
with the private sector

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CCXG global forum, April 2024, Julio Cordano

  • 1. Translating global renewables and energy efficiency calls from GST1 in NDCs: the case of Chile Julio Cordano Director Environment, Climate Change and Oceans Ministry of Foreign Affairs of Chile
  • 2. Energy transition in Chile • Bipartisan support from its beginnings • Already passed the initial stages • Originally motivated to reduce energy prices • Entering a phase of consolidation and structural challenges • Next stage dominated by infrastructure expansion and regulatory reforms
  • 3. Guiding questions 1.How do countries plan to contribute to the global effort of tripling renewable energy capacity globally and doubling energy efficiency improvements by 2030 and what are the main challenges faced? 2.What support structures and enablers are needed to facilitate the translation of the global renewables and energy efficiency calls from the GST1 in domestic NDC processes?
  • 4. Sources of GHG emissions in Chile
  • 5. Electricity generation in Chile, 2000 - 2022
  • 6. 20 22 27 34 38 44 4 5 7 10 12 15 2019 2020 2021 2022 2023 2024 RE in Chile 2019-2024 % RE total generation MW of RE
  • 7. How was this achieved? • Long-standing policy to promote RE (starting in 2008) • 2015: regulatory changes creates new model for RE • Longer contracts (access to better commercial finance) • Centralized tenders, organized by different periods of the day • No subsidies, but a highly regulated market • Climate goals accompanied by the need to reduce prices
  • 8. National Plan of Energy Efficiency 2022 - 2026 Under the law of EE, 5-year plans EE = Energy intensity Targets: ▪ 4,5% by 2026 ▪ 13% by 2030 ▪ 30% by 2050 Measures in four key sectors: 1.Industry 2.Transport (electromobility, engine efficiency) 3.Sustainable building 4.Domestic appliances
  • 10. Some of the current challenges • Accelerated expansion of RE without equivalent expansion of infrastructure • Technological challenges in storage • Long-term investments needed in transmission • RE dumped due to overgeneration, especially during the day • Electrification of services
  • 11. Conclusions • Chile: 3x its RE from 2019, and x15 since 2012. • Great difficulties in complying with the GST objectives, as countries have different departing points. • GST Global targets are an aggregated effort, every country should contribute towards a collective success • It is crucial to increase investments in technologies such as storage, especially in developing countries, to avoid roadblocks • National strategies can greatly benefit from a strategic alliance with the private sector