Embassy of Korea in Chile – Ms. Kleinsy Bonilla, Specialist in Energy and Mining Alcántara 74, las Condes, Santiago – (+56-2) 2228-4214, [email protected]
ENERGY AND MINING
NEWS REPORT
The National Commission of Energy -CNE and the Association of Electricity generators consider the July 2016-public bid for electric provision marked an unprecedented success as 84 firms presented their proposals, compared to 38 presented in 2015.
A total of 12.430GWh will be allocated to supply electricity for the coming 20 years. According to Mr. Andrés Romero, Executive Secretary of CNE “the goal of reducing the electricity price for 25% will be surpassed thanks to this result, however final consumers will perceive the price reduction until 2021 when the new electricity will be injected to the grid”. Non Conventional Renewable Energy became another surprise as several proposals incorporated them as source for the electricity generation. Source:
http://www.t13.cl/noticia/negocios/licitacion-de-suministro-electrico-finaliza-con-asistencia- record-de-oferentes
Record Participation in Electric Public Bid: 84 Offers Presented for the Allocation of 12.430 GWh
XI Pacific Alliance Summit in Chile leaves 10 points which will Mark its Coming Work Agenda
Chile received from Perú the pro-tempore Presidency of the Pacific Alliance after the Puerto Varas Summit June 27-29. Ten points will mark de work agenda of this organism, including: 1. Financial integration and Tributary homologation, 2. Common fund of infrastructure, 3. Regional integration for the provisional funds, 4.
Public-private collaboration agenda, 5. Visa exemption, 6. Unique booth for international trade, 7. Joint commercialization of fishery products, 8. Controversy resolution for consumers, 9. Evaluation of tariff and tax barriers, and 10. New emphasis and links with other regional initiatives (i.e. Mercosur). The four member nations – Chile, Perú, Colombia, México, plus 49 observant states agreed to follow this regional integration effort, which would also bring to special interest the proposals of the Council of Entrepreneurial Pact for its implementation.
Source: http://www.economiaynegocios.cl/noticias/noticias.asp?id=267659
The Government of Chile evaluates at least five initiatives to build electric inter-connection with Argentina as well as further energy integration addressing natural gas exports.
In the first area interconnection between the Great North System of Chile and the Argentinean Interconnected system is in progress. Other five initiatives are being evaluated, according to the Executive Secretary of National Commision of Energy Mr.
Andrés Romero. Further results will be delivered in this frame within the following 12 months. Other transmission lines would include: Aguas Negras project in Coquimbo-Chile, the province of Salta in Argentina, Pascua Lama with Magallanes, and other two located in the center-southern part of both nations. Further penetration of non-conventional renewable energy –NCRE is receiving special attention. As for natural gas more flexibility and regulation reforms are needed, according to firms involved in the field.
Source: https://www.df.cl/noticias/empresas/energia/chile-y-argentina-buscan- estructura-vinculante-para-intercambios-de/2016-07-28/204131.html
Chile Promotes Regional Energy Integration, First Major Partner: Argentina
2016, J ul y 1s t – 31s t
Embassy of Korea in Chile, 2016 Sources: Various authors, newspapers: El Mercurio, La Tercera,
Diario Financiero. July, 2016th
Until now exploitation of Lituium was limited to the production of two companies in Chile: SQM and Rockwood, the only authorized agents to operate in the market. A third party to join them would be CODELCO, who is looking for partners to exploit its salt fields: Maricunga and Pedernales.
Vice minister of Mining Ignacio Moreno stated that one of the objectives of the Government is “to upgrade environmental and technological standards”, therefore they invite private firms to operate contracts directly awarded by the Ministry of Mining. Options are opened, however expertise and deep understanding of the market is required.
Source: http://www.latercera.com/noticia/negocios/2016/07/655-689550-9-mineria- llama-a-privados-a-usar-contratos-especiales-para-explotar-litio.shtml
Ministry of Mining Invites Private
Companies to use “Special Contracts” to Exploit Lithium
The new Law for Electric Transmission in Chile was published and contributes to the modernization of the legal framework of the sector. According to President Michelle Bachelet “this represents an important change as since 1982 the energy sector of Chile has been transformed”. Minister of Energy Máximo Pacheco affirmed that “this law will enable Chileans to access cleaner and cheaper energy”.
Source: https://www.df.cl/noticias/empresas/energia/ley-de-transmision-electrica-seria- aprobada-hoy-por-el-congreso/2016-07-05/202735.html
New Law for Electric Transmission Approved and
Published by the Congress of Chile Severe Drought Affects 72% of Chile and 21,7%
of its Territory is at risk of Desertification
According the Forestry National Corporation CONAF, 90% of the Chilean population suffers to some degree due to the severe drought affecting the country. Different factors have contributed to create such climatic phenomenon, including scale open mining, human-induced forest fires, change in the use of the soil, and pollution, among others. The Government is already seeking for mechanism to reverse environmental damage, as well as technology measurements for the optimum use of available water resources.
Source: http://www.latercera.com/noticia/tendencias/2016/06/659-685340-9-el-217-del- territorio-esta-en-riesgo-de-desertificacion-y-la-sequia-ya-afecta-al.shtml
