Chile promotes the development of renewable energy, especially wind, but also thermal, small hydro, solar photovoltaic and geothermal.

Four companies compete for the first geothermal power plant in Chile: Enel Green Power, GeoGlobal Energy, Energy Andean Magma Energy.

The project Cerro Pampa Hall-Barrow, the North Geothermal Company, a subsidiary of Enel Green Power, is considered by many to be the safer candidate to become the first plant using this technology in the country. Meets his exploration stage completed, indicating the feasibility of constructing a kind of 50 MW, would entail an investment of U.S. $ 180 million. He is currently awaiting the resolution of environmental qualification (RCA).

But it is not the only one that moves in this race. The New Zealand Energy GeoGlobal Chile works for your project Curacautín become the first plant. According to general manager Rüdiger Trenkle, the geothermal plant would have a capacity of 70 MW, which will be supplied to the Central Interconnected System (SIC). “The total cost of investment in the plant would amount about $350 million,” he says.

Meanwhile, Andean Energy-contralada by Antofagasta Minerals, Luskic-group, but has no pretensions of being the first, it does aspire to become the largest geothermal power generating country. To achieve this has eight projects with varying degrees of progress in five regions of Chile. “Our project Tinguiririca-Region VI, is the most advanced, but we hope that by the end of 2012 the others are at par at the perforations. In this way, we will evaluate which of all can be transformed into our first geothermal power plant, “says Jose Manuel Soffia, general manager of the firm. The expected decision taken before 2015.

Finally Magma Energy, a Canadian company, has a portfolio of geothermal exploration projects in Chile, Argentina, Nicaragua, Peru and the United States. Butterflies and Pellado their projects in Laguna del Maule, are possibly escalating into geothermal by 2015. “They are located within 120 KM of Talca and inferred potential is 300 MWe. We hope to start building in 2015 and in 2016 started the release of energy to the Central Interconnected System (SIC) “he says.

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