While emissions have decreased, the rapid growth of renewables has introduced new
challenges. Specifically, the inflexibility of coal plants forces the curtailment of solar power, leading to increased carbon emissions and higher systemic costs.
After recognizing the near-term reliability challenges in the Chilean energy transition, we analyze the long-term economic impact from 2024-2045, addressing the 4 challenges through two different approaches: rehabilitation of existing gas generation assets, or retirement of old assets and investment in new, flexible gas generation capacity.