News

Chile plans power market reforms to protect struggling renewables sector

Wind Power News & Analysis RSS Feed · last updated

Chile plans power market reforms to protect struggling renewables sector | Windpower Monthly

Chile plans power market reforms to protect struggling renewables sector

Chile wants to shake up the way it pays generators as it strives to shield its booming renewables sector from a wave of bankruptcies.

Sign in to continue

Need to activate your subscription?

Already a subscriber

If you haven't already,

activate your subscription here>>

Company Domain Access

If your company has a corporate subscription simply

Related Knowledge Center: ENERGY BASICS: renewables

State of Play

Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.

More informationabout ENERGY BASICS: renewables