Non-Conventional Renewable Energies In the Chilean Electricity Market - Edition 2020

The purpose of this publication is to describe the operation of the Chilean electricity market with respect to the integration and operation of Non-Conventional Renewable Energy (NCRE). A description and comprehensive analysis of the structure and model of the Chilean electricity market, its legal and regulatory foundations, associated obligations, business opportunities and operational aspects necessary for the development and integration of NCRE projects are presented. The publication aims to serve as a conceptual basis and guide for investors, project developers and other stakeholders, both national and foreign, who do not necessarily have detailed and up-to-date knowledge of the Chilean electricity market. This document is especially important in the current context of structural changes in the Chilean electricity market. This publication was prepared in the framework of the project "Decarbonization of the energy sector in Chile", commissioned by the German Ministry of Environment (BMU) and implemented by the Ministry of Energy and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. Without detriment to that, any reference to a company, product, brand, manufacturer or other similar does not in any case constitute a recommendation by the Government of Chile or GIZ. Partial or total reproduction is authorized, as long as the reference source is cited. The first edition of the book of the year 2009 was elaborated by Rodrigo Palma Behnke, Guillermo Jiménez Estévez and Ignacio Alarcón Arias of the Foundation for Technological Transfer (UNTEC) and the University of Chile. This publication was then complemented in 2012 and developed in a context where the NCRE had very limited participation in the national electric system. This second edition updated and replaced the previous one, building on it the inclusion of regulatory changes that have revolutionized the national electricity market, making the NCRE the dominant sources in the expansion of the national energy matrix. The 2020 edition carried out by the GIZ project 4e and the Ministry of Energy, updated and includes new regulations published in recent years.