This will be an important step towards cutting down pollution and the emission of greenhouse gases, which would result in a better energy matrix. Chile has all the conditions to stop importing fossil fuels and export clean energy thanks to its natural potential, which would allow – he said – to install 70 times more capacity than the one existing today and thus contribute to decarbonize the planet and improve the quality of life of the populations where the thermoelectric plants that run on coal are located. In this direction, Engie has planned the construction of about a thousand MW in wind and solar projects in addition to another thousand that it had already announced in 2019 and of which several are under construction. Climate change is still present even in the midst of the Covid-19 pandemic, and fighting it urgently must be part of the recovery after the health crisis.
Engie also unveiled a renewable development plan in Chile for a total of 2,000MW, which considers the construction of around 1,000 MW of wind and solar projects in addition to the 1,000 MW already committed in the portfolio announced in 2019, and of the of which there are already 600MW under construction. The complete plan, which considers an investment of more than 1,500 million euros by 2025, will mean an 80% reduction in CO2 emissions by 2026. Engie’s subsidiary in Chile has three pilots under development in the country: Hynix, together with Enaex to produce green ammonia; Hydra, to promote the use of hydrogen for trucks in mining, and the third initiative in a more preliminary stage.