27 results found

Chile's energy policy and outlook have both evolved dramatically in the last few years, according to an International Energy Agency (IEA) report released on 23 January 2018. With the National Energy Policy 2050 being adopted in 2015, and the electricity sector, in particular, undergoing rapid development, the country has quickly become a world-class destination for investment in solar and wind technologies and development.

Chile's Competition Monitoring Unit, an arm of the Electric Coordinator, is only a year old, but in that time its Advisor to the Coordinator has opened seven examinations for possible anti-competitive practices.

On March 1st, 2016, Supreme Decree N° 62 of the Ministry of Economy, introduced in 2006 (hereinafter, the "Decree 62"), that regulates capacity transfers among power generation companies entered into force, modifying the methodology used to calculate transfers.

Regarding the public tender process for the supply of energy and capacity to distribution companies that will take place this year ("2017/01 Tender Process"), please consider the following:

German and European investors in the energy and commodities sector with an eye on the exchange between Chile and the EU - two like-minded regions sharing common democratic values and ambitious climate-change targets...

On April 20, 2023, Chile's president, Gabriel Boric announced Chile's new policy on the extraction and production of lithium, the "National Lithium Strategy" (the "Strategy") (speech available here).

Law No. 20.396, published in the Official Gazette on July 20th, 2016, has created a new electric power transmission system that regulates interconnection process of the two main power systems of the country (SING-SIC).

As a general rule, in Chile, all mineral substances can be exploited by any person or company that requests a mining concession over the area where the minerals are located.

As the world increasingly turns its focus toward green energy, Chile's pivotal role as a global leader in lithium becomes ever more significant.

Not long ago, Chile revised the Energy Act, the largest such change to the Chilean energy sector in 35 years.

On February 5th, 2016, Law N° 20,897 was published in the Official Gazette incorporating 3 new paragraphs into article 34 bis of the Electric Power Services General Law ("LGSE").

Chile not only possesses the world's largest lithium reserves but also has unique advantages that should position it as a global leader in lithium production.

Chile's national energy commission CNE published the final bidding terms for a national electric power supply auction.

Following Mexico’s initiative to discourage the use of carbon-intensive fuels, Chile's government has passed an environmental tax law with the objective of encouraging a shift to the use of clean air technologies.

The Chilean government wants to transform our country as the cheapest green hydrogen producer worldwide and to become a relevant player in this industry globally.

Panama is one of the the fastest growing and most dynamic economy in Latin America, with GDP growth of 6.0 percent in 2015 and estimated 6.3 percent in 2016.

The principal power sources in the jurisdiction are thermoelectric generation (56.8%), followed by conventional hydroelectric power (29.9%) and nonconventional renewable energies (NCRE) (13.3%).