Driven by both economic and climate imperatives, it now has a cohesive strategy to reduce reliance on imported fossil fuels, harness its almost limitless amounts of solar and wind energy, and incorporate global know-how to reduce consumption and pollution to create a cleaner and low carbon environment.
This report will cover the following components of the green growth agenda:
● Power Generation – the electricity business
● Consumption – transportation, construction, and mining
● Materials and waste management.
Below is a summary of the goals that have been assigned by the Sectoral Ministries, taken from a report produced for the British Embassy in Santiago in February 2021:
Sector | Main Targets |
Energy |
70% of electricity from renewable sources by 2030 and 95% by 2050
Retirement of all coal-fired power stations by 2040 10% reduction in nationwide energy intensity by 2030 Mandatory energy management systems for large energy consumers, within the framework of the Energy Efficiency Law 5 GW of green hydrogen electrolysis capacity by 2025 and 25 GW by 2030 The cheapest green hydrogen in the world by 2030 Chile among the 3 biggest exporters of green H2 by 2040 |
Transport |
100% electric public transport by 2040
40% electric private vehicles by 2050 Promotion and strengthening of non-motorised modes of transport 15% of freight transport via electric railway Energy efficiency standards for new vehicles |
Mining |
Use of hydrogen-fuelled trucks in the mining industry by 2028
|
Construction |
Energy certification of new housing
|
Materials and Waste Management |
30% of household organic waste recovered by 2030
Maximum 10% of household waste sent to landfills by 2040 30% co-processing of waste by 2030 (base level of 12% in 2014) Targets for recovery and reclamation of materials (tyres, containers and packaging) starting in 2024 and by 2030. |