Commodity Market Report
Southern Cone gas and power short-term outlook January 2020
Report summary
As some of Argentina’s wind and solar projects under construction are delayed or standby due to financial issues, thermal gas power demand in December 2019 held at similar levels from last year. Nevertheless, as production capacity increased, gas prices in January 2020 suffered from low record levels. Read this report to understand: • If gas prices, in Argentina, will recover over February and March. • Brazil started this year with a hydro-reservoir level of 20% and a price of 232.5 BRL/MWh in SECO, how power prices will evolve in Q1 2020? • The diesel and fuel oil power capacity in Chile in H1 2020. • Bolivian gas flows to Brazil in December 2019 measured 20.8 Mcmd, will it rise over Q1 2020?
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