Experts meet at CMM to prepare a draft law on energy efficiency

Experts meet at CMM to prepare a draft law on energy efficiency

More than 50 experts in the retail electricity market gathered at the Center for Mathematical Modeling (CMM) to debate and complete a proposal on energy efficiency that shall result in a draft law to be presented in the first half of 2015 in the Congress.

Fifteen other meetings that will also take place at CMM will follow this one, which was held last 25th September 2014. They  establish strategic plans to overcome barriers and to foster the energy efficiency in households, small and medium enterprises and stores at a national context.

“It would be of great benefit to implement a mechanism of revenues and sales decoupling. It would change the paradigm of the policy on efficiency energy, since it implies that prices are not longer adjusted to the energy consumption”, explained Guillermo Jimenez, director of the Energy Center of the Faculty of Physical and Mathematical Sciences of the University of Chile and head of this meeting.

In these sessions, the incentives for the customers to increase the efficiency energy are one of the main topics. Thus, experts will provide a critical insight based on a methodology of discussions and will analyze the applicability in Chile of successful experiences in other countries.

Energy efficiency experts 2014

Experts were divided into two discussions groups.

The work of the group on retail electricity market will be completed with five others reports related to industry and mining, transport, public sector and technology, which will also contribute to establish the basis for the future energy legal frame.

Electricity prices in Chile are among the highest in Latin America and higher than the Organisation for Economic Co-operation and Development (OECD) average. Therefore, one of the challenges for Chile is to have enough and competitive energy resources to sustain its growth. In fact, energy efficiency is the first pillar of the 2012-2029 National Energy Strategy, which adopts the goal of reducing Chile´s 2020 projected energy consumption by 12%.

Posted on Oct 8, 2014 in Frontpage, News