How Does the Green Certificate Market Work in Chile?

Authors

  • Evangelina Dardati Facultad de Economía y Negocios , Alberto Hurtado University image/svg+xml
    • Eugenio de Elejalde Facultad de Economía y Negocios , Alberto Hurtado University image/svg+xml

      DOI:

      https://doi.org/10.11565/oe.vi94.173

      Keywords:

      Non-Conventional Renewable Energy, NCRE, Green certificates

      Abstract

      In 2010, Chile implemented Law No. 20,257 to promote non-conventional renewable energy (NCRE) through a system of tradable quotas
      among firms. The law establishes that every firm withdrawing energy from the system must certify NCRE injections equivalent to 10% of those withdrawals. This
      obligation has been phased in over time: 5% between 2010 and 2014, rising by 0.5% per year from 2015 until reaching
      10% in 2024.4. In addition, the law allows obligations and surpluses to be carried over for one calendar year. Continue reading...

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      Título del número de la revista : "Las dos caras de las normas de liquidez de Basilea II"

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      Published

      2015-06-01

      Issue

      No. 94 (2015)

      Section

      Articles

      License

      Copyright (c) 2015 OBSERVATORIO ECONÓMICO

      Creative Commons License

      This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

      How to Cite

      How Does the Green Certificate Market Work in Chile? (2015). Observatorio Económico, 94, 2-3. https://doi.org/10.11565/oe.vi94.173

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