Impact of Investment Tax Credits in the Development of a CSP Industry in Chile
Abstract
Chile is located in the west coast of the southern half of South America. The country is a narrow strip of land that stretches about 4300 km, with an average width of about 170 km. Chile shares borders with Argentina and Bolivia to the east and with Peru to the north. The Pacific Ocean forms the entire western border of Chile, which has a coastline stretching more than 6400 km. Geographically Chile may be divided into three macro zones: in the north, the Atacama Desert stands as the driest place on Earth, with characteristic sandy and rocky terrain; a central valley, where most of Chile’s population lives and where productive lands are located, having a mild climate; and continuing south, a barely populated system of islands, fiords, and low mountains with a tough, cool, and damp climate is found. This diversity of geographical features and climates makes endowed with a wide range of natural resources, and through the production, addition of value and exports of such resources it has emerged as a successful economy.