In Chile, the US Navy and the Chilean Navy will extend their four-year collaboration for mutual research on advanced alternative fuels. The latest agreement enables both nations to boost energy security and deliver an increased certainty of energy supply and cost; the US Navy aims to have 50% of overall organizational use powered by alternative energy resources by 2020, while Chile plans to have 45% of its newly deployed capacity for 2014-2025 derived from non-conventional, renewable energy sources.
Category: Policy