In 2024, Chile's electricity landscape showcases a promising tilt towards low-carbon sources. Low-carbon energy, encompassing hydropower, solar, wind, and biofuels, together makes up almost 70% of the electricity generation. Among these, hydropower provides roughly 30%, while solar energy adds over 22% and wind supplies nearly 12%. Fossil fuels, including coal and gas, remain significant but contribute a smaller share at just over 30%, with coal representing about 16% and gas around 14%. Fortunately, this clean and sustainable trend positions Chile as a leader in the fight against climate change and air pollution.
Is Electricity Growing in Chile?
Despite a commendable rise in low-carbon electricity generation, the overall electricity consumption in Chile has slightly dipped. The latest data shows that the average electricity consumption per capita stands at 4540 kWh, which marks a decline of 116 kWh from the record high observed in 2022. On the brighter side, low-carbon electricity generation reached 3174 kWh per person in 2024, an increase of over 300 kWh from its previous high in 2023. This mixed picture suggests that while there is significant progress in low-carbon electricity, overall electricity demand has not kept pace, indicating a potential need for renewed efforts to stimulate and sustain electricity growth in the country.
Suggestions
To further enhance its low-carbon electricity generation, Chile could focus on expanding its wind and solar capacities, which already show substantial contributions. Learning from countries with successful low-carbon strategies might be beneficial. For example, Denmark's impressive 52% wind energy share exemplifies the potential of wind power. Similarly, Uruguay's 28% from wind highlights feasible growth targets for Chile. Additionally, Spain's approach combining both wind and nuclear could offer valuable insights, as it achieves notable electricity generation from both realms. By considering these examples, as well as the consistent performance of nuclear energy in other countries, Chile can strengthen its clean energy production to meet future demands and reduce reliance on fossil fuels.
History
Chile's historical journey in low-carbon electricity is marked by shifts and developments over several decades. During the early 1990s, hydropower was on the rise, as seen with increases through 1991 and 1992. Notable fluctuations occurred towards the end of the 1990s and early 2000s, with significant upticks and declines, particularly in hydropower. Entering the new millennium, biofuels also faced volatility. Yet, from 2010 onwards, a promising trend emerged with solar and wind making noticeable contributions, particularly in 2021 and 2022. This trajectory demonstrates a growing commitment to enhancing sustainable energy sources, setting a solid foundation for further clean electricity advancements in the years to come.
Electrification
We estimate the degree of electrification by comparing electricity and total energy emissions. More about methodology.