Highlights AES, Engie commit to accelerated shutdown plan Chile wants to be carbon neutral by 2040 Santiago, Chile — Engie will close its newest power plant in Chile after just five years of operations as part of the country’s efforts to become carbon neutral, the company said Monday. Commissioned earlier in 2019, the 334-MW Mejillones plant in northern Chile will now close by the end of 2024. “This is great news for the Chilean people. Almost 700-MW of coal-fired plants will close early to be replaced by renewable energy, providing us with cleaner, cheaper electricity,” Chile’s Energy Minister, Juan Carlos Jobet, told the COP25 climate change conference in Madrid. He added that AES had also agreed to bring forward by two years the closure of its Ventanas I and Ventanas II plants to 2020 and 2022, respectively. The announcements mark the first fruit of attempts to improve a deal […]