*Image courtesy of Adobe Stock
International renewable energy certificate (I-REC) demand in Chile has grown to over 15 terawatt hours (TWh) per year since 2020, rendering Chile among the top five Latin American I-REC countries by demand.
Wind, solar, hydro, and biomass account for about 25% of the country’s energy mix, and this figure continues to grow as Chile plans to build new renewable energy installments to meet its 2050 carbon neutrality goal. For I-REC buyers in Chile, this means more choices in how they support renewable energy, from the technology to the commissioning year of the power plant.
I-RECs can be sourced forward up to three years.
PROJECT TYPE: Wind, Solar, & Hydro
ECOLABEL: 3Degrees is the largest seller of EKOenergy-labelled electricity
ONLINE DATE: Online dates vary and we can offer a range of options to meet your needs
LOCATION: Chile
For buyers who wish to adhere to high standards, such as RE100 and CDP, 3Degrees can help source I-RECs from facilities that achieve the climate impact set forth by these standards.
For generators in Chile, 3Degrees offers portfolio management services for all or part of your production, along with full offtake agreements, forward agreements, and spot agreements. Contact us to sell your supply.
