From Policy to Practice: Non-Conventional Renewables Integration and Policy Reforms in Chile and Peru

TY - JOUR

T1 - From Policy to Practice

T2 - Non-Conventional Renewables Integration and Policy Reforms in Chile and Peru

AU - Reyes, Antuanet

PY - 2025/6/10

Y1 - 2025/6/10

N2 - Latin America's energy transition is advancing at different speeds across the region, with Chile and Peru representing two distinct approaches. Chile, a leader in renewable energy deployment, faces structural challenges, including financial difficulties among generators and transmission bottlenecks due to a lack of a robust infrastructure. Meanwhile, Peru remains in the early stages of its energy transition, with recent legal reforms attempting to facilitate non-conventional renewable integration but lacking a comprehensive national strategy. This paper examines regulatory challenges in both countries, focusing on their impact on market stability, investment climate, and long-term sustainability. The study underscores the importance of strategic policy design to avoid unintended economic consequences while ensuring a just and efficient transition to renewables. Lessons from Chile and Peru serve as a reference for neighboring countries navigating similar energy transitions.

AB - Latin America's energy transition is advancing at different speeds across the region, with Chile and Peru representing two distinct approaches. Chile, a leader in renewable energy deployment, faces structural challenges, including financial difficulties among generators and transmission bottlenecks due to a lack of a robust infrastructure. Meanwhile, Peru remains in the early stages of its energy transition, with recent legal reforms attempting to facilitate non-conventional renewable integration but lacking a comprehensive national strategy. This paper examines regulatory challenges in both countries, focusing on their impact on market stability, investment climate, and long-term sustainability. The study underscores the importance of strategic policy design to avoid unintended economic consequences while ensuring a just and efficient transition to renewables. Lessons from Chile and Peru serve as a reference for neighboring countries navigating similar energy transitions.

KW - Energy transition

KW - Peru

KW - Chile

KW - Non-conventional renewable integration

KW - Solar and wind energy

KW - Strategic policy

KW - Regulatory framework

U2 - 10.20933/100001399

DO - 10.20933/100001399

M3 - Article

SN - 1369-8931

VL - 22

JO - CEPMLP Annual Review

JF - CEPMLP Annual Review

ER -