Chile to increase hydroelectricity resources, build more transmission

Chilean President Sebastián Piñera said he wants to increase the use of the country’s hydro resources in the new national power strategy.

According to Business News Americas, the strategy also emphasized construction of an open access transmission highway and steady progress in regional interconnection. Also highlighted were the use of non-conventional renewable energy sources, energy efficiency, regulatory changes for a more competitive market, and reducing dependence on power imports.

A boost to the transmission highway project could also have possible advantages for both the Hidro Aysén and Energía Austral projects, which would see construction of eight dams across region XI, with investment of US$13 billion.

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