Narrative

Overview: The Long Term Energy Policy 2050

For Chile and its path to development, energy is a key strategic factor for reaching the economic and social development goals. When energy is obtained and used optimally, a virtuous circle is generated, and directly impacts economic growth, offers opportunities to care for the environment, and favors people’s well-being, thus allowing society to move towards equitable and sustainable development.

In the context of the Energy Agenda, -a road map for the development of our country´s actions in this sector- a discussion process was carried out including key stakeholders from the public sector, industry, academia, civil society, people from a number of regions of the country, and a variety of representative citizens. The goal was to develop the country’s long-term Energy Policy. An Advisory Committee led by the Minister of Energy and composed of key participants from the sector was convened with regional and national representation. The members form part of various ministries and public institutions, trade associations, civil society, and Chilean universities.

The Energy Policy proposes a vision of Chile’s energy sector by the year 2050 as being reliable, inclusive, competitive and sustainable. This vision is part of a systemic approach in which the main goal is to achieve and maintain the reliability of the entire energy system while meeting sustainability and inclusion criteria and contributing to the competitiveness of the nation’s economy. These attributes will allow us to move forward towards sustainable energy in all of its dimensions.

In order to make this vision a reality by 2050, the Energy Policy is sustained by four pillars: Security and Quality Supply, Energy as a Driver for Development, Environmentally-friendly Energy, and Energy Efficiency and Energy Education. The proposed measures and action plans shall be developed on the basis of these pillars between 2016 and the year 2050.

Main Goals of the Energy Policy – 2035

Main Goals of the Energy Policy – 2050

The Chilean target for doubling governmental investment in clean energy innovation as part of Mission Innovation is USD 9 MM by the year 2020. However, we expected that this target will be surpassed.

Innovation Initiatives for Next Years

General Remarks

Currently Chile is pushing a science, technology and innovation strategy, identifying the next research and development focus, beyond solar energy, as was already defined and agreed upon. According to the Long Term Energy Policy, the goal for innovation by 2035 is “Chile has become an exporter of technology and services for the solar industry”, and by 2050 are “Chile has become an exporter of technology and services for specific energy innovations” and “Innovation policies in the energy industry contribute to achieving a reduction in energy consumption.”