Chile’s Renewable Energy Share Rises to 38.6% in August 2024

Credit: aboodi vesakaran/Pexels

The share of non-conventional in 's electricity production reached 38.6% in August, an increase from 36.7% in July, according to the latest data released by the Chilean National Energy Commission (CNE). This growth highlights the country's ongoing transition toward cleaner energy sources as it seeks to reduce its reliance on fossil fuels and enhance its sustainability initiatives.

In August, non-conventional renewables, which exclude large plants, contributed a total of 2,761 GWh gross to the national electricity supply. This represents a month-on-month increase of 2.5% and a significant 15.5% rise compared to the same month in the previous year, demonstrating the growing capacity and utilization of renewable energy technologies such as and wind.

Conversely, conventional power sources, which include coal and , generated 4,402 GWh of electricity in August. This figure indicates a decline from both the previous month and the same month last year, with a year-on-year drop of 6.8% and a 5.2% decrease compared to July. The shift away from conventional generation sources is part of a broader trend in Chile's energy landscape, as the country continues to invest in and develop its renewable energy sector.

Despite these positive trends, the total net installed non-conventional renewable energy capacity in Chile remained unchanged in August, holding steady at 15,772 MW. This stability suggests a period of consolidation in the market as new projects and investments continue to be assessed and developed.

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