The educational institution’s idea is to make use of the advantages that the President Eduardo Frei Montalva base offers and in that way contribute to the development of oceanographic and scientific research in the area.
Representatives of three of the country’s universities met with the president of the Chamber of Deputies to obtain support for a draft bill allowing the solar potential in the northern part of the country to be exploited.
Through its subsidiary GGE Chile, the company GeoGlobal energy will invest US$ 226 million to undertake drilling activities and to build and operate a system to extract and turn geothermal fluids into electricity.
The intention of the initiative is to evaluate technical, regulatory and profitability aspects with a view to implementing this alternative energy source on a large scale in the north of Chile, an area recognized for its solar potential.
In light of the magnitude of the catastrophe, president Sebastián Piñera indicated his wish to take advantage of the opportunity to utilize non-conventional energy sources when rebuilding housing and infrastructure, and thus turn the country into an international leader in sustainable reconstruction.