The changes in the Nonconventional Renewable Energies Bill of Law (ERNC), determining that 20% of the Chilean energetic matrix be composed by renewable energies by 2025, concerns the experts and generating companies.
This concern is fundamented on the difficulty of incorporating an extra 6,000 MW in the ERNC, with the purpose of fostering public investments in electrical generation with the ERNC.
In Chile, sources of Nonconventional Renewable Energies (ERNC) are defined as wind sources, small hydroelectric power plants (plants up to 20 MW), biomass, biogas, solar energy, and tide energy.
According to the settlement between the government and congressmen, the ERNC increase will be progressive: From 2014 to 2020 it will grow from 6% to 12%, and as from that date it must raise 1.5% per year until reaching 20% in 2025. This would compel the system to sum about 1,000 MW per year as from 2020.
Currently there are ERNC projects amounting to 549 MW under construction, while other 7,167 MW have obtained environmental approval. Out of this distribution, T&M participates in the construction of over 150 MW with the PE Los Cururos execution and a solar plant in the Atacama Desert.
With said need it is established the necessity of having clear technical criteria, and given that the supply is not big the biddings tend to set prices that will reach the margin and would be unaligned with market prices in the long term. It is necessary to have technical, economic, and legal knowledge and experience.
Less
