Energy consumption in the industry sector is responsible for 14% of Chile’s total GHG emissions, while emissions from industrial processes account for a further 6%.
Chile is the world’s largest copper exporter, and its mining industry is the biggest industrial energy consumer in the country.
The Chilean government aims to reduce energy related GHG emissions in the mining sector by 70% below 2018 levels by 2050. In addition, at least 90% of the energy used for cooling and heating in the sector should come from renewable sources by the same year.
Large energy consumers in Chile are required to conduct regular audits (usually every three years) and to report to the Ministry of Energy on identified and projected energy opportunities. They are also obliged to have in place an energy management plan as well as targets, measurements and verification processes.
As part of the long-term strategy and the national mining policy, the government aims to reduce CO₂e emissions by at least 50% compared to 2020 by 2030 and to achieve carbon neutrality in the mining sector by 2040.
The 1.5°C pathways assessed here suggest that electricity’s share in final energy demand of industry, when combined with biomass and hydrogen, would need to reach between 83-98% by 2050, from the 2019 level of 55%.