Electricity generation in Chile has shown steady growth from 2013 to 2023, rising from 72.97 Terawatthours to 91.1 Terawatthours. The year-on-year growth rate over the past two years was 2.17% in 2022 and 2.05% in 2023. Looking at the last five years, the Compound Annual Growth Rate (CAGR) averaged 2.58%. Forecasts suggest that electricity generation will continue to grow, reaching 100.11 Terawatthours by 2028, with a forecasted 5-year CAGR of 1.5%.
Future trends to watch for include increased renewable energy adoption, advancements in energy storage technology, and policies promoting energy efficiency. These factors are likely to shape future electricity generation dynamics in Chile.