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Chile heads to Europe, Canada and China ahead of tenders

CHILE: Government officials and executives from Chile are beginning a new international trade delegation to highlight opportunities in the country's energy sector ahead of upcoming electricity auctions.

The trade mission will meet with Enel executives - the developer in already active in the Chile market
The trade mission will meet with Enel executives - the developer in already active in the Chile market

Andres Romero, executive secretary of the National Energy Commission; Rodrigo Castillo, executive director of energy industry association Empresas Electricas; and executives from distribution firms CGE and Chilectra will travel to Spain and Italy from 19 September with the aim of attracting new participants to the country's energy markets.

They will meet in Madrid with renewables associations APPA, AEE, UNEF and Pretermsolar and the companies Ibereolica, Global Power Generation, Iberdrola and Acciona.

On 20 September, they will meet with developer-utility Gas Natural Fenosa, before heading to Rome on 21 September to meet with Enel.

Chile's last major auction, held in August, attracted bids from a record 84 companies and achieved a sharp reduction in power prices for regulated clients from 2021.

The group will also visit Beijing in China, and Toronto, Montreal and Quebec in Canada during October and November.

CNE plans to hold a second auction this year for 3.8TWh annually from 2023 while auctions in 2017 and 2018 will seek 7.2TWh (from 2024) and 8.9TWh (from 2025) respectively.

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