- Language: English
- Published: May 2012
- Region: America, China, Latin America
The Chilean Power Sector May 01
- Published: May 2001
- Region: Chile
- Standard & Poors
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Research Type: Commentary
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The Chilean power sector was the first to be privatized in Latin America in 1982 with the passage of the 1982 sector law, Ley General de Servisios Electricos (Law No. 31.366, DFL No. 1). The law privatized the electricity sector and segmented the industry into generation, transmission, and distribution. The ultimate objective of privatization was to stimulate competition, attract capital investment, and benefit consumers in terms of rates and service quality. The primary tool in establishing most of these goals was a marginal cost-based system for the dispatch of generation, which encourages efficient production. Economic and political strife in the early 1970s resulted in significant underinvestment in the sector by the government. After 1974, the government began to refocus its...
Companies mentioned in this report are: Endesa S.A.,AES Gener S.A.,Enersis S.A.,Empresa Electrica Pehuenche S.A.,Chilectra S.A.,E-CL S.A.,Empresa Electrica Guacolda S.A.,Compania General de Electricidad S.A.,Transelec S.A.
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Endesa S.A.,AES Gener S.A.,Enersis S.A.,Empresa Electrica Pehuenche S.A.,Chilectra S.A.,E-CL S.A.,Empresa Electrica Guacolda S.A.,Compania General de Electricidad S.A.,Transelec S.A.