Chile Thermal Power Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035
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Chile Thermal Power Market Report Overview
In 2022, Chile’s power market was led by thermal power with a cumulative capacity of 12.1 GW. It will record a negative CAGR of less than 1% during 2022-2035. The Chile thermal power market research report discusses the thermal power market in-depth and provides forecasts up to 2035. Additionally, Chile’s gas power capacity was the largest among thermal technologies in terms of capacity in 2022.
Chile Thermal Power Market Outlook, 2022-2035 (GW)
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The report discusses the cumulative installed capacity, annual capacity addition, and annual generation of all renewable sources until 2035. The report also gives detailed coverage of the major active and upcoming thermal power plants and the renewable energy policy framework governing the Chilean thermal power market.
Cumulative Capacity (2022) | 12.1 GW |
CAGR (2022-2035) | >(1) % |
Historical Period | 2010-2022 |
Forecast Period | 2023-2035 |
Key Types | · Coal
· Oil · Gas |
Key Active Plants | · Atacama Combined Cycle Power Plant
· Guacolda Power Plant · Nehuenco Combined Cycle Power Plant · San Isidro Combined Cycle Power Plant · Angamos Power Plant |
Key Companies | · Engie Energia Chile SA
· Enel Americas SA · Empresa Nacional del Petroleo · Empresa Electrica Guacolda S.A. · Colbun SA |
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Chile Thermal Power Policy
- In Chile, thermal sources comprised around 43% of the total power generation in 2022.
- Chile has pledged to close all its coal-fired power plants by 2040, to support the government’s aim to go carbon neutral by 2050.
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Chile Thermal Power Market - Competitive Landscape
The key companies in the Chile thermal power market are Engie Energia Chile SA, Enel Americas SA, Empresa Nacional del Petroleo, Empresa Electrica Guacolda S.A., and Colbun SA.
Engie Energia Chile SA: Engie Energia Chile SA (Engie Energia), a subsidiary of Engie Chile SA, is an energy utility that generates, transmits, and supplies electricity; purchases, sells, and transports liquid, solid, and gaseous fuels; consulting services in the fields of engineering and business management; and provides electric system maintenance and repair, and port infrastructure services. It produces electricity using coal, natural gas, fuel oil, and renewable sources. It serves the mining, industrial, and power distribution utilities in the north of Chile and central and southern zones. Engie Energia is headquartered in Santiago, Chile.
Chile Thermal Power Market Analysis by Companies
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Chile Thermal Power Market - Major Active Plants
Atacama Combined Cycle Power Plant led the Chile thermal power market with a total capacity of 0.8 GW in 2023.
Chile Thermal Power Market Analysis by Active Plants, 2023 (%)
Segments Covered in the Report
Chile Thermal Power Market Type Outlook (Value, 2010-2035, GW)
- Coal
- Oil
- Gas
Scope
The report includes:
- A brief introduction to global carbon emissions and global primary energy consumption.
- An overview of the country’s power market highlighting installed capacity trends, generation trends, and installed capacity split by various power sources.
- Detailed overview of the country’s thermal power market with installed capacity and generation trends, and major active and upcoming thermal power projects.
- Deal analysis of the country’s thermal power market.
- Snapshots of some of the major market participants in the country.
Reasons to Buy
- Enhance your decision-making capability in a more rapid and time-sensitive manner.
- Identify key growth and investment opportunities in the country’s thermal power market.
- Facilitate decision-making based on strong historical and forecast data for the thermal power market.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Identify key partners and business development avenues.
- Understand and respond to your competitors’ business structure, strategy, and prospects.
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Frequently asked questions
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What was the Chile thermal power market cumulative capacity in 2022?
The cumulative capacity for thermal power in Chile was 12.1 GW in 2022.
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What will the Chile thermal power market growth rate be during the forecast period?
The Chile thermal power market is expected to record a negative CAGR of less than 1% during 2022-2035.
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Which was the leading power generation type in the Chile thermal power market in 2022?
Thermal power generated from gas had the highest share in the Chile thermal power market in 2022.
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Which are the major active plants in the Chile thermal power market?
The major active plants in the Chile thermal power market are the Atacama Combined Cycle Power Plant, Guacolda Power Plant, Nehuenco Combined Cycle Power Plant, San Isidro Combined Cycle Power Plant, and Angamos Power Plant among others.
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What are the key companies associated with the Chile thermal power market?
The key companies in the Chile thermal power market are Engie Energia Chile SA, Enel Americas SA, Empresa Nacional del Petroleo, Empresa Electrica Guacolda S.A., and Colbun SA.
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