June 6, 2025--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Chile is moving forward with its decarbonization plan at a faster pace than previously expected. President Gabriel Boric has pledged to shut down all coal-fired power plants across Chile by 2035--five years ahead of the original target--as part of the new Accelerated Decarbonization bill, which is expected to be introduced in Parliament later this year. The measure builds on Chile's 2019 coal retirement agreement with utilities and seeks to position the country as a regional leader in clean energy. According to a draft of the plan released in November 2024, Chile has retired five out of 13 coal power plants, including 11 units, since 2018.
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