Skip to main content

Chile

Crucial intelligence to understand the changing dynamics of the Chilean energy market

Chile is leading South America’s renewable energy expansion, with solar PV and wind now comprising around 40% of the country’s installed capacity. However, the geographic gap between the solar-rich northern regions and the high-demand central areas presents challenges, including intraday price volatility and curtailment. Battery storage is emerging as a critical solution to balance supply-demand mismatches and enhance grid stability, with approximately 2 GW of capacity already in development. Beyond decarbonising its power grid, Chile is leveraging its exceptional solar potential to pursue a global leadership role in green hydrogen production.

What you need to know about the market

  • Renewable Dominance: By 2060, over 90% of Chile’s power generation will come from renewables, with solar accounting for nearly half of the total installed capacity.
  • Coal Phase-Out Impact: A complete coal phase-out by 2040 will help Chile decarbonise and also impact power prices in the medium term with more expensive source replacing coal generation.
  • Battery and Grid Expansion: Long-duration batteries and the Kimal-Lo Aguirre transmission line will play crucial roles in stabilising the grid and reducing regional price disparities.

Which products are available?

  • Power & Renewables Service

    Robust, transparent​ analysis, widely used and trusted amongst major market participants​ and bankable forecasts to support asset financing and in-depth analysis to underpin your investment strategies​

Meet the team

Find out more!

Complete the form and our team will get back to you shortly.

How does a subscription work?

Subscribe to our products for comprehensive market analytics powered by our fundamental market model: Gain access to credible, reliable, and bankable forecasts.
Find everything in one place, EOS: The energy market hub hosting all your products and data.
Benefit from regular workshops, analyst support, and webinars examining our latest forecasts, key policy changes, and opportunities in the markets.

The Brazilian Power & Renewables Service is also available!

Our service includes:

  • Market forecasts
  • Regular policy notes
  • Bilateral workshops
  • Unparalleled strategic insights
  • Interaction with our market experts
  • Data easily downloadable to Excel

For more information on our Brazilian Power & Renewables Service, get in touch with Priscila Vellano.

Click the button below to learn more:

Find out more