The challenge imposed by the climate urgency requires a rapid transformation in both the ways of producing and consuming energy. This process is called energy transition and involves the transformation of electricity generation matrixes, the electrification of end uses by replacing the use of fossil fuels; in addition to the evolution of industries towards sustainable and circular production methods and the digitization of electricity infrastructures, in particular of networks.
To contribute to these objectives, throughout the year, Enel Chile and energieE have developed a “Roadmap for Energy Transition in Chile”, which contains energy transition scenarios, the quantification of its costs and benefits, as well as a series of public policy recommendations. Among the latter are the creation of new institutions and regulations to manage the removal and replacement of coal; the progressive increase of green taxes; and the provision of financial incentives for projects that support the reduction of emissions. This is based on the fact that the electrification of consumption and industrial processes will play a fundamental role in the next two decades, as will the electrification of transport.
“At Enel we are interested in promoting public policies on climate change with the aim of promoting decarbonisation, the fight against climate change and the objectives of the Paris Agreement, as they are fully consistent with our decarbonisation strategy. We always do this by involving all stakeholders, such as business associations, non-governmental organizations or academia. Developing roadmaps for the energy transition really allows us to move in that direction, providing tools that help accelerate urgent changes,” he comments. Fabrizio Barderigeneral manager of Enel Chile.
The development of this initiative was led by the consultancy firm for the electricity market energiE, in collaboration with MRC. Daniel Salazar, Managing Partner of energiE, explains that thanks to the study carried out “for the first time the country has TIMES modeling for its energy system, which represents an important contribution to the energy planning processes and formulation of public policies. The objectives formulated have been achieved, through the definition and evaluation of different energy scenarios through a multivariate analysis in order to identify the main aspects that configure the public policy measures that allow Chile to achieve Carbon Neutrality by 2050″.
In its next stages, the study aims to serve as a model for other organizations to unite towards a fair and equitable energy transition. Its realization included workshops and round tables with the participation of various experts and stakeholders, with the aim of contributing to the dialogue between various actors to reduce GHG emissions, maintain the negative carbon rating and tackle climate change, in a context particularly complex worldwide.
It is a practice that transcends the local. All over the world, thanks to the development of roadmaps for the energy transition, the Enel Group maintains a commitment with various stakeholders and governments of the countries in which it is present, sharing technical knowledge and points of view with an open approach. During 2022, it promoted the development of the Energy Transition Roadmap in 8 Latin American countries: Peru, Colombia, Chile, Argentina, Brazil, Costa Rica, Guatemala and Panama, which have positive economic results in scenarios of greater climate ambition and carbon neutrality.
The Enel Group, committed to modernizing and promoting the energy transition, aims to be a zero-emissions company by 2040. This is why it believes that a true transformation process is one in which electrification is the most important factor because it represents great changes in terms of new technologies and new uses of energy. This is why the development of a sustainable and circular urban vision for the future is needed, in which all users – industry, transport, housing, commerce – have access to reliable and sustainable energy.
Read more about the final results of this study at https://linktr.ee/etr_latam