Commodity Market Report
Chile power market and industry overview 2020
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Report summary
Being the most market-friendly electricity sector in the region has not rid Chile from problems. Years of overplanning and an intense migration from the regulated to the free market has resulted in oversupply. The country is also facing a decade-long drought, chronically reducing hydro output. On top of that, social unrest in 2019 forced the government to intervene in the sector, especially regarding the distribution companies and regulated tariffs. In this report, we provide a complete view on these issues. We also touch on system fundamentals, policy and regulation, prices and auction results.
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