Commodity Market Report

Southern Cone gas and power short-term outlook: October 2024

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Severe drought and warmer temperatures have soared gas-fired generation in Brazil, boosting gas imports. This situation opens opportunities for Argentine and Bolivian gas, as Brazil will need LNG to balance its supply through 2025 despite the start-up of Rota 3. As a result, power prices in the SECO region are expected to remain above R$300/MWh through the end of 2024. In contrast, Chile’s thermal generation will decrease due to lower power demand and high renewable generation, intensifying competition between gas and coal. Argentina will need to complete its ongoing infrastructure developments on time to compete in Northern Chile’s tightened market and increase gas exports.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Southern Cone Gas And Power Short Term Outlook October 2024.pdf

    PDF 1.45 MB

  • Document

    Southern Cone Gas And Power Short Term Outlook October 2024.xlsm

    XLSM 2.29 MB