The electricity sector in Chile is going through a phase of change, which suggests that it will be possible to achieve the objective of energy at a reasonable price, which is safe, sustainable and inclusive. The acceptance that the Energy Agenda, announced by the government of President Michelle Bachelet, has received publicly – from sectors that cut across the political and social spectrum – is an argument in its favour.
However, it is very clear that the changes expected as a result of implementing the Agenda will affect a number of different and diverse interests, and for that reason it is expected that, as more details of the changes are known, involving legal and regulatory implementation, we shall see the emergence of dissenting voices.
The current electricity market does not respond to the demands posed by our society and economy. That is an undeniable fact, in the light of current energy prices, conflicts over the construction of new conventional power plants, and delay in different investments, to name but a few.
Article published in: FuturENERGY July-August 2014