Chile is one of the fastest-growing economies in Latin America, with a mainly fossil fuelled electricity demand and a population projected to surpass 20 million by 2035. Chile is undergoing a transition to renewable energies due to ambitious national targets, namely to generate 60% of its electricity from local renewable energy by 2035, and to achieve a 45%renewable energy share for all new electric installed capacity. In this work, we present a comprehensive energy analysis of the electricity generation technologies currently deployed in Chile. Then, we analyse potential future scenarios, considering a large deployment of RE, mainly PV and wind, to replace coal-fired electricity. The life cycle assessment (LCA) and net energy analysis (NEA) methods are applied in parallel to provide complementary indicators, respectively nr-CED and EROl, and identify weak spots and future opportunities. Special focus is given to the effect on EROl of transporting fossil fuels to Chile. Results show that a large deployment of PV and wind can significantly improve the overall net energy performance of electricity generation in Chile, while leading to an electricity supply mix that is >60% less reliant on non-renewable energy. (C) 2018 Elsevier Ltd. All rights reserved.