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Chile Population (millions) - July 1998 14.79 Overall Electrification (% of population) 97% GDP (billion US$) - 1997 est. $168.5 Real GDP Growth Rate - 1997 est. 7.1% Inflation Rate (CPI) - 1997 6.0% Total Installed Capacity (MWe) - 1995 5946 Electricity Consumption per Capita (kWh) - 1997 1996 Energy Demand Growth Rate 8.0% Hydroelectric power supplies about 60% of the country’s electricity needs with the balance coming from coal (which is being phased out due to environmental concerns) and naturalgas. Chile’shistoricdependenceonimported energy has prompted the Government of Chile (GOC) to substitute hydro, coal, geothermal, and other renewable technologies for imported petroleum. A significant portion of Chile’s increased energy needs goes to powering the country’s mining sector in the northern part of the country, and to the large urban areas, such as Santiago (which alone accounts for 40% of the country’s total energy demand). Chile’s energy demand has been doubling every six or seven years; new cross-border trade agreements between Chile and Argentina will facilitate more imports of oil, gas and eventually electrical power. Chile’s energy consumption is projected to rise 15% in the northand8.5%inthesouth-centralzone. Empresa Nacional de Electricidad (ENDESA), the leading private power generator in Chile, forecasts that between the year 2002 and 2012, an additional supply of 21,000 MWe—equivalent to $8 billion—is needed just to meet the foreseen demand. Power generation in Chile is organized around 4 grid systems: 1) the Northern Grid, which accounts for around Prices (US¢/kWh) - June 1998 Residential Commercial Industrial 10.3 9.2 5.91 Estimated Geothermal Potential (MWe) 2,350 Power Summary Chile has limited indigenous energy resources, and looks to international partners and imports to help it meet the country’s rapidly increasing domestic energy demand. Geothermal Resources in Latin America & the Caribbean 141PDF Image | Geothermal Resources in the Caribbean and Latin America
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