The Chilean energy market is undergoing a significant transformation, primarily driven by the increasing integration of intermittent renewable sources such as wind and solar. This shift has resulted in unprecedented supply-demand dynamics, leading to hourly and locational price fluctuations, volatility, and frequent curtailment issues.
As the penetration of renewables grows, the market faces challenges in balancing supply with demand, especially given the geographic distribution of energy resources and consumption centres. The introduction of advanced technologies, such as energy storage, is becoming increasingly critical in mitigating these fluctuations and stabilising the grid.
Access this public report to answer the following questions:
- How does the Chilean electricity market work, and how will changing supply and demand shape its future?
- How do fundamental drivers such as demand and commodity prices evolve by 2060?
- What is the projected evolution of costs for renewable technologies?
If you have questions please get in touch with Enilio Álvarez.
